FHN First Horizon Corp

Price (delayed)

$22.01

Market cap

$11.77B

P/E Ratio

12.87

Dividend/share

$0.6

EPS

$1.71

Enterprise value

-$330.38M

First Horizon Corp., with $84 billion in assets, is a leading regional financial services company, dedicated to strengthening the lives of its associates, clients, shareholders, and communities. Headquartered in Memphis, ...

Highlights
First Horizon's debt has decreased by 15% YoY and by 11% QoQ
The equity rose by 4.9% YoY and by 2.5% QoQ
First Horizon's gross profit has increased by 3.2% YoY but it has decreased by 3% from the previous quarter
The revenue is up by 3.2% year-on-year but it has declined by 3% since the previous quarter
The price to earnings (P/E) is 31% more than the last 4 quarters average of 9.9
FHN's EPS is down by 11% year-on-year and by 2.8% since the previous quarter

Key stats

What are the main financial stats of FHN
Market
Shares outstanding
534.88M
Market cap
$11.77B
Enterprise value
-$330.38M
Valuations
Price to earnings (P/E)
12.87
Price to book (P/B)
1.4
Price to sales (P/S)
3.58
EV/EBIT
-0.27
EV/EBITDA
-0.25
EV/Sales
-0.1
Earnings
Revenue
$3.28B
EBIT
$1.22B
EBITDA
$1.34B
Free cash flow
$363M
Per share
EPS
$1.71
Free cash flow per share
$0.68
Book value per share
$15.74
Revenue per share
$6.15
TBVPS
$162.91
Balance sheet
Total assets
$88.66B
Total liabilities
$79.96B
Debt
$3.31B
Equity
$8.4B
Working capital
N/A
Liquidity
Debt to equity
0.39
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-9.05
Margins
EBITDA margin
40.8%
Gross margin
100%
Net margin
29.3%
Operating margin
37.6%
Efficiency
Return on assets
1%
Return on equity
11.2%
Return on invested capital
1.6%
Return on capital employed
N/A
Return on sales
37.3%
Dividend
Dividend yield
2.73%
DPS
$0.6
Payout ratio
35.1%

FHN stock price

How has the First Horizon stock price performed over time
Intraday
-0.5%
1 week
0.69%
1 month
-3.97%
1 year
33.47%
YTD
34.78%
QTD
0.69%

Financial performance

How have First Horizon's revenue and profit performed over time
Revenue
$3.28B
Gross profit
$3.28B
Operating income
$1.23B
Net income
$962M
Gross margin
100%
Net margin
29.3%
First Horizon's net margin has decreased by 13% YoY
The net income has declined by 10% year-on-year and by 3.7% since the previous quarter
The company's operating income fell by 4% QoQ
First Horizon's gross profit has increased by 3.2% YoY but it has decreased by 3% from the previous quarter

Growth

What is First Horizon's growth rate over time

Valuation

What is First Horizon stock price valuation
P/E
12.87
P/B
1.4
P/S
3.58
EV/EBIT
-0.27
EV/EBITDA
-0.25
EV/Sales
-0.1
The price to earnings (P/E) is 31% more than the last 4 quarters average of 9.9
FHN's EPS is down by 11% year-on-year and by 2.8% since the previous quarter
The stock's price to book (P/B) is 28% more than its 5-year quarterly average of 1.1 and 18% more than its last 4 quarters average of 1.2
The equity rose by 4.9% YoY and by 2.5% QoQ
The price to sales (P/S) is 29% higher than the 5-year quarterly average of 2.8 and 24% higher than the last 4 quarters average of 2.9
The revenue is up by 3.2% year-on-year but it has declined by 3% since the previous quarter

Efficiency

How efficient is First Horizon business performance
FHN's return on assets is down by 29% year-on-year and by 9% since the previous quarter
FHN's return on equity is down by 22% year-on-year and by 5% since the previous quarter
The return on invested capital has declined by 6% since the previous quarter and by 6% year-on-year

Dividends

What is FHN's dividend history
DPS
$0.6
Dividend yield
2.73%
Payout ratio
35.1%
Recent dividends

Financial health

How did First Horizon financials performed over time
FHN's total assets is 11% greater than its total liabilities
First Horizon's debt is 61% lower than its equity
The debt to equity has declined by 19% year-on-year and by 13% since the previous quarter
First Horizon's debt has decreased by 15% YoY and by 11% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.