Stock FHN.PRF FIRST HORIZON CORPORATION
Add to a list
To use this feature you must be a member
Log inSign up

Financials First Horizon Corporation Nyse

Equities

FHN.PRF

US3205178656

Banks

Market Closed - Nyse
Other stock markets
 01:30:02 06/07/2024 am IST 		5-day change 1st Jan Change
17.17 USD -0.29% Intraday chart for First Horizon Corporation +0.59% -0.29%
03/07 Jefferies Adjusts Price Target on First Horizon to $18 From $17, Maintains Buy Rating MT
25/06 Evercore ISI Trims First Horizon Price Target to $17.50 From $18.50, Maintains Outperform Rating MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,153 7,079 8,830 13,152 7,912 8,334 - -
Enterprise Value (EV) 1 5,153 7,079 8,830 13,152 7,912 8,334 8,334 8,334
P/E ratio 12 x 6.75 x 9.39 x - 9.19 x 10.2 x 9.26 x 7.78 x
Yield 3.38% 4.7% 3.67% 2.45% 4.24% 3.95% 4.08% 3.94%
Capitalization / Revenue 2.76 x 2.24 x 2.87 x 4.08 x 2.27 x 2.5 x 2.42 x 2.28 x
EV / Revenue 2.76 x 2.24 x 2.87 x 4.08 x 2.27 x 2.5 x 2.42 x 2.28 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.1 x 0.94 x 1.13 x 1.82 x 0.93 x 0.92 x 0.86 x 0.83 x
Nbr of stocks (in thousands) 3,11,184 5,54,788 5,40,750 5,36,804 5,58,770 5,46,868 - -
Reference price 2 16.56 12.76 16.33 24.50 14.16 15.24 15.24 15.24
Announcement Date 17/01/20 22/01/21 20/01/22 18/01/23 18/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,864 3,166 3,082 3,221 3,483 3,335 3,447 3,662
EBITDA - - - - - - - -
EBIT 1 747 1,073 1,222 1,362 1,370 1,351 1,375 -
Operating Margin 40.07% 33.89% 39.65% 42.29% 39.33% 40.5% 39.9% -
Earnings before Tax (EBT) 1 585.7 933 1,285 1,159 1,128 1,103 1,151 1,251
Net income 1 434.7 822 962 - 865 811.9 845.4 969.3
Net margin 23.32% 25.96% 31.21% - 24.83% 24.34% 24.53% 26.47%
EPS 2 1.380 1.890 1.740 - 1.540 1.500 1.646 1.960
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.5600 0.6000 0.6000 0.6000 0.6000 0.6015 0.6223 0.6000
Announcement Date 17/01/20 22/01/21 20/01/22 18/01/23 18/01/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 748 704 733 843 886 863 806 782 804 823 824.1 842 848.9 847.5 853.4
EBITDA - - - - - - - - - - - - - - -
EBIT 1 274 249 295 403 424 406 349 318 298 323 329 344.5 351.1 343.3 350.2
Operating Margin 36.63% 35.37% 40.25% 47.81% 47.86% 47.05% 43.3% 40.66% 37.06% 39.25% 39.93% 40.91% 41.36% 40.51% 41.04%
Earnings before Tax (EBT) 1 282 255 225 346 334 331 425 194 177 254 273.1 288.7 294.2 281.5 280.2
Net income 1 219 187 166 257 - 243 317 129 175 184 198.7 210.1 213.9 199.4 202.4
Net margin 29.28% 26.56% 22.65% 30.49% - 28.16% 39.33% 16.5% 21.77% 22.36% 24.12% 24.95% 25.2% 23.53% 23.71%
EPS 2 0.4000 0.3400 0.2900 0.4500 - 0.4300 0.5600 0.2300 0.3100 0.3300 0.3650 0.3984 0.4061 0.3794 0.3974
Dividend per Share 2 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1500 0.1518 0.1550 0.1557
Announcement Date 20/01/22 19/04/22 19/07/22 18/10/22 18/01/23 18/04/23 19/07/23 18/10/23 18/01/24 17/04/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 9.6% 13.7% 12.5% 11.8% 11% 9.76% 9.91% 11.1%
ROA (Net income/ Total Assets) 1.08% 0.87% 1.36% 1.18% 1.05% 1% 1.01% 1.1%
Assets 1 40,251 94,483 70,735 - 82,381 81,303 83,929 88,274
Book Value Per Share 2 15.00 13.60 14.40 13.50 15.20 16.60 17.80 18.40
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 17/01/20 22/01/21 20/01/22 18/01/23 18/01/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for First Horizon Corporation

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
15.24 USD
Average target price
17.69 USD
Spread / Average Target
+16.06%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

1st Jan change Capi.
JPMORGAN CHASE & CO. Stock JPMorgan Chase & Co.
+20.39% 588B
BANK OF AMERICA CORPORATION Stock Bank of America Corporation
+20.02% 316B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED Stock Industrial and Commercial Bank of China Limited
+23.04% 268B
WELLS FARGO & COMPANY Stock Wells Fargo & Company
+21.13% 208B
CHINA CONSTRUCTION BANK CORPORATION Stock China Construction Bank Corporation
+15.27% 175B
BANK OF CHINA LIMITED Stock Bank of China Limited
+27.52% 175B
HSBC HOLDINGS PLC Stock HSBC Holdings plc
+6.00% 158B
ROYAL BANK OF CANADA Stock Royal Bank of Canada
+10.60% 154B
HDFC BANK LIMITED Stock HDFC Bank Limited
-3.58% 150B
Other Banks
  1. Stock Market
  2. Equities
  3. FHN Stock
  4. FHN.PRF Stock
  5. Financials First Horizon Corporation