8-K Announcements
6Apr 15, 2026·SEC
Mar 12, 2026·SEC
Jan 15, 2026·SEC
First Horizon Corporation (FHN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
First Horizon Corporation (FHN) stock price & volume — 10-year historical chart
First Horizon Corporation (FHN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
First Horizon Corporation (FHN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 15, 2026 | $0.53vs $0.49+8.2% | $864Mvs $869M-0.6% |
| Q1 2026 | Feb 26, 2026 | $0.53 | $1.3B |
| Q1 2026 | Jan 15, 2026 | $0.52vs $0.46+13.0% | $891Mvs $861M+3.4% |
| Q4 2025 | Oct 15, 2025 | $0.51vs $0.45+14.5% | $865Mvs $847M+2.1% |
First Horizon Corporation (FHN) competitors in Banks with large fee businesses — business model, growth, and fundamentals comparison
First Horizon Corporation (FHN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
First Horizon Corporation (FHN) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 842.31M | 1.22B | 1.21B | 1.66B | 1.99B | 2.39B | 2.54B | 2.51B | 2.62B |
| NII Growth % | 15.53% | 44.84% | -0.82% | 37.36% | 19.98% | 19.96% | 6.19% | -1.14% | 4.42% |
| Net Interest Margin % | 2.03% | 2.99% | 2.79% | 1.97% | 2.24% | 3.03% | 3.11% | 3.06% | 3.13% |
| Interest Income | 989.93M | 1.55B | 1.62B | 1.9B | 2.16B | 2.68B | 4.1B | 4.35B | 4.19B |
| Interest Expense | 147.62M | 326M | 414M | 236M | 164M | 291M | 1.56B | 1.84B | 1.56B |
| Loan Loss Provision | 0 | 8M | 45M | 503M | -310M | 95M | 260M | 150M | 65M |
| Non-Interest Income | 460.73M | 667M | 608M | 903M | 996M | 728M | 615M | 585M | 799M |
| Non-Interest Income % | 31.76% | 30.14% | 27.24% | 32.24% | 31.58% | 21.34% | 13.04% | 11.85% | 16.03% |
| Total Revenue | 1.45B▲ 0% | 2.21B▲ 52.6% | 2.23B▲ 0.9% | 2.8B▲ 25.5% | 3.15B▲ 12.6% | 3.41B▲ 8.1% | 4.71B▲ 38.2% | 4.94B▲ 4.7% | 4.99B▲ 1.0% |
| Revenue Growth % | 9.2% | 52.55% | 0.86% | 25.49% | 12.6% | 8.15% | 38.23% | 4.71% | 0.97% |
| Non-Interest Expense | 994.17M | 1.17B | 1.19B | 1.13B | 2.02B | 1.87B | 1.77B | 1.94B | 2.08B |
| Efficiency Ratio | 68.53% | 52.64% | 53.18% | 40.31% | 63.92% | 54.71% | 37.48% | 39.32% | 41.62% |
| Operating Income | 308.87M▲ 0% | 714M▲ 131.2% | 586M▼ 17.9% | 933M▲ 59.2% | 1.28B▲ 37.6% | 1.16B▼ 9.7% | 1.13B▼ 2.7% | 1B▼ 10.9% | 1.28B▲ 27.5% |
| Operating Margin % | 21.29% | 32.26% | 26.25% | 33.31% | 40.71% | 33.98% | 23.92% | 20.36% | 25.7% |
| Operating Income Growth % | -10.56% | 131.16% | -17.93% | 59.21% | 37.62% | -9.74% | -2.67% | -10.9% | 27.46% |
| Pretax Income | 308.87M▲ 0% | 714M▲ 131.2% | 586M▼ 17.9% | 933M▲ 59.2% | 1.28B▲ 37.6% | 1.16B▼ 9.7% | 1.13B▼ 2.7% | 1B▼ 10.9% | 1.28B▲ 27.5% |
| Pretax Margin % | 21.29% | 32.26% | 26.25% | 33.31% | 40.71% | 33.98% | 23.92% | 20.36% | 25.7% |
| Income Tax | 131.89M | 157M | 134M | 76M | 274M | 247M | 212M | 211M | 282M |
| Effective Tax Rate % | 42.7% | 21.99% | 22.87% | 8.15% | 21.34% | 21.31% | 18.79% | 21% | 22.01% |
| Net Income | 165.51M▲ 0% | 545M▲ 229.3% | 441M▼ 19.1% | 845M▲ 91.6% | 999M▲ 18.2% | 900M▼ 9.9% | 897M▼ 0.3% | 775M▼ 13.6% | 983M▲ 26.8% |
| Net Margin % | 11.41% | 24.63% | 19.76% | 30.17% | 31.67% | 26.39% | 19.02% | 15.7% | 19.72% |
| Net Income Growth % | -27.1% | 229.28% | -19.08% | 91.61% | 18.22% | -9.91% | -0.33% | -13.6% | 26.84% |
| Net Income (Continuing) | 176.98M | 557M | 452M | 857M | 1.01B | 912M | 916M | 794M | 999M |
| EPS (Diluted) | 0.65▲ 0% | 1.65▲ 153.8% | 1.38▼ 16.4% | 1.89▲ 37.0% | 1.74▼ 7.9% | 1.53▼ 12.1% | 1.54▲ 0.7% | 1.36▼ 11.7% | 1.88▲ 38.2% |
| EPS Growth % | -30.85% | 153.85% | -16.36% | 36.96% | -7.94% | -12.07% | 0.65% | -11.69% | 38.24% |
| EPS (Basic) | 0.66 | 1.66 | 1.39 | 1.90 | 1.76 | 1.62 | 1.58 | 1.37 | 1.89 |
| Diluted Shares Outstanding | 244.45M | 327.44M | 315.66M | 433.72M | 551.24M | 566M | 561.73M | 544.28M | 496M |
First Horizon Corporation (FHN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 6.99B | 6.69B | 5.56B | 17.6B | 24.76B | 11.28B | 10.73B | 8.94B | 4.62B |
| Cash & Due from Banks | 1.82B | 2.06B | 1.12B | 9.55B | 16.05B | 2.44B | 2.34B | 2.44B | 961M |
| Short Term Investments | 5.17B | 4.63B | 4.45B | 8.05B | 8.71B | 8.84B | 8.39B | 6.49B | 3.66B |
| Total Investments | 33.43B | 32.75B | 36.08B | 66.35B | 64.78B | 68.21B | 70.73B | 71.47B | 13.04B |
| Investments Growth % | 41.79% | -2.03% | 10.17% | 83.88% | -2.36% | 5.3% | 3.7% | 1.03% | -81.75% |
| Long-Term Investments | 28.26B | 28.13B | 31.64B | 58.3B | 56.07B | 59.38B | 62.34B | 64.97B | 9.38B |
| Accounts Receivables | 68.69M | 38.86M | 0 | 0 | 0 | 0 | 0 | 0 | 63.42B |
| Goodwill & Intangibles | 1.57B | 1.59B | 1.56B | 1.86B | 1.81B | 1.75B | 1.7B | 1.65B | 1.61B |
| Goodwill | 1.39B | 1.43B | 1.43B | 1.51B | 1.51B | 1.51B | 1.51B | 1.51B | 1.61B |
| Intangible Assets | 184.39M | 155.03M | 131M | 354M | 298M | 234M | 186M | 143M | 0 |
| PP&E (Net) | 532.25M | 494.04M | 455M | 759M | 665M | 612M | 590M | 574M | 544M |
| Other Assets | 4B | 3.9B | 4.05B | 5.68B | 5.78B | 5.94B | 6.3B | 6.01B | 0 |
| Total Current Assets | 7.06B | 6.72B | 5.6B | 17.6B | 24.76B | 11.28B | 10.73B | 8.94B | 68.45B |
| Total Non-Current Assets | 34.36B | 34.11B | 37.71B | 66.61B | 64.33B | 67.67B | 70.93B | 73.22B | 11.54B |
| Total Assets | 41.42B▲ 0% | 40.83B▼ 1.4% | 43.31B▲ 6.1% | 84.21B▲ 94.4% | 89.09B▲ 5.8% | 78.95B▼ 11.4% | 81.66B▲ 3.4% | 82.15B▲ 0.6% | 83.88B▲ 2.1% |
| Asset Growth % | 45.06% | -1.43% | 6.07% | 94.43% | 5.8% | -11.38% | 3.43% | 0.6% | 2.1% |
| Return on Assets (ROA) | 0.47% | 1.33% | 1.05% | 1.33% | 1.15% | 1.07% | 1.12% | 0.95% | 1.18% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67.48B |
| Total Debt | 4.85B | 2.26B | 5.57B | 3.87B | 3.71B | 4.1B | 3.7B | 4.59B | 4.57B |
| Net Debt | 3.03B | 199.82M | 4.46B | -5.69B | -12.34B | 1.66B | 1.36B | 2.15B | 3.61B |
| Long-Term Debt | 775.89M | 728.92M | 791M | 1.67B | 1.59B | 1.6B | 1.15B | 1.2B | 1.32B |
| Short-Term Debt | 4.08B | 1.53B | 4.78B | 2.2B | 2.12B | 2.51B | 2.55B | 3.4B | 3.25B |
| Other Liabilities | 729.39M | 769.79M | -275.27M | 1.7B | 1.56B | 2.48B | 2.38B | 2.31B | 0 |
| Total Current Liabilities | 35.34B | 34.55B | 37.72B | 72.53B | 77.44B | 66.33B | 68.84B | 69.53B | 71.34B |
| Total Non-Current Liabilities | 1.51B | 1.5B | 515.73M | 3.37B | 3.15B | 4.08B | 3.53B | 3.51B | 1.32B |
| Total Liabilities | 36.84B | 36.05B | 38.23B | 75.9B | 80.6B | 70.41B | 72.37B | 73.04B | 74.73B |
| Total Equity | 4.58B▲ 0% | 4.79B▲ 4.5% | 5.08B▲ 6.1% | 8.31B▲ 63.7% | 8.49B▲ 2.3% | 8.55B▲ 0.6% | 9.29B▲ 8.7% | 9.11B▼ 1.9% | 9.14B▲ 0.3% |
| Equity Growth % | 69.33% | 4.47% | 6.07% | 63.65% | 2.25% | 0.62% | 8.7% | -1.94% | 0.34% |
| Equity / Assets (Capital Ratio) | 11.06% | 11.72% | 11.72% | 9.86% | 9.53% | 10.83% | 11.38% | 11.09% | 10.9% |
| Return on Equity (ROE) | 4.54% | 11.64% | 8.94% | 12.63% | 11.89% | 10.56% | 10.06% | 8.42% | 10.77% |
| Book Value per Share | 18.74 | 14.61 | 16.08 | 19.15 | 15.41 | 15.10 | 16.54 | 16.74 | 18.43 |
| Tangible BV per Share | 12.31 | 9.77 | 11.13 | 14.85 | 12.13 | 12.02 | 13.52 | 13.70 | 15.18 |
| Common Stock | 204.21M | 199.11M | 195M | 347M | 333M | 336M | 349M | 328M | 303M |
| Additional Paid-in Capital | 3.15B | 3.03B | 2.93B | 5.07B | 4.74B | 4.84B | 5.35B | 4.81B | 3.97B |
| Retained Earnings | 1.16B | 1.54B | 1.8B | 2.26B | 2.89B | 3.43B | 3.96B | 4.38B | 5.03B |
| Accumulated OCI | -322.82M | -376.62M | -239M | -140M | -288M | -1.37B | -1.19B | -1.13B | -809M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 95.62M | 95.62M | 96M | 470M | 520M | 1.01B | 520M | 426M | 349M |
First Horizon Corporation (FHN) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -28.8M | 234.31M | 830M | 172M | 725M | 2.29B | 1.3B | 1.27B | 628M |
| Operating CF Growth % | -116% | 913.62% | 254.24% | -79.28% | 321.51% | 216% | -43.3% | -2.39% | -50.47% |
| Net Income | 176.98M | 557M | 452M | 857M | 1.01B | 900M | 916M | 794M | 983M |
| Depreciation & Amortization | 70.92M | 59M | 66M | 62M | 45M | 85M | 102M | 101M | 94M |
| Deferred Taxes | 121M | 104M | 14M | -18M | 0 | 0 | 44M | -17M | 49M |
| Other Non-Cash Items | -202.84M | -551M | -1.01B | -2.45B | -2.61B | -1.41B | -648M | -678M | -559M |
| Working Capital Changes | -215.5M | 42M | 1.29B | 1.69B | 2.24B | 2.64B | 849M | 1.01B | 0 |
| Cash from Investing | -1.32B | 480M | -2.39B | -4.97B | -4.6B | 8.33B | -2.6B | -1.06B | -1.09B |
| Purchase of Investments | -1.56B | -473M | -630M | -4.74B | -4.46B | -3.48B | -261M | -1.54B | -874M |
| Sale/Maturity of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Net Investment Activity | -1.56B | -472M | -629M | -4.74B | -4.46B | -3.48B | -260M | -1.54B | -873M |
| Acquisitions | -336.63M | -46M | 0 | 2.07B | 0 | 0 | 11M | 0 | 0 |
| Other Investing | -900.64M | 350M | -2.7B | -6.97B | -2.95B | 10.43B | -3.23B | -1.52B | -1.18B |
| Cash from Financing | 1.77B | -761M | 1.42B | 5.18B | 4.02B | -10.87B | 1.49B | -404M | 524M |
| Dividends Paid | -86.1M | -145M | -177M | -239M | -366M | -356M | -367M | -361M | -314M |
| Share Repurchases | -5.55M | -105M | -134M | -11M | -416M | -12M | -10M | -626M | -918M |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Stock Activity | -5.55M | -105M | -134M | -11M | -416M | -12M | -10M | -626M | -918M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 0 |
| Other Financing | -202.46M | 2.09B | -255M | 7.14B | 4.84B | -11.38B | 2.28B | -311M | 838M |
| Net Change in Cash | 414.25M▲ 0% | -47M▼ 111.3% | -138M▼ 193.6% | 381M▲ 376.1% | 140M▼ 63.3% | -245M▼ 275.0% | 188M▲ 176.7% | -194M▼ 203.2% | 0▲ 100.0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 1.04B | 1.45B | 1.41B | 1.27B | 1.65B | 1.79B | 1.54B | 1.73B | 0 |
| Cash at End | 1.45B | 1.41B | 1.27B | 1.65B | 1.79B | 1.54B | 1.73B | 1.54B | 0 |
| Interest Paid | 140.37M | 308M | 411M | 261M | 170M | 280M | 1.43B | 1.87B | 0 |
| Income Taxes Paid | 54.42M | 43M | 71M | 105M | 258M | 20M | 123M | 106M | 0 |
| Free Cash Flow | -81.84M▲ 0% | 186.32M▲ 327.7% | 781M▲ 319.2% | 114M▼ 85.4% | 672M▲ 489.5% | 2.26B▲ 236.8% | 1.26B▼ 44.2% | 1.22B▼ 3.0% | 628M▼ 48.7% |
| FCF Growth % | -169.69% | 327.65% | 319.17% | -85.4% | 489.47% | 236.76% | -44.23% | -3.01% | -48.69% |
First Horizon Corporation (FHN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 8.5% | 4.54% | 11.64% | 8.94% | 12.63% | 11.89% | 10.56% | 10.06% | 8.42% | 10.77% |
| Return on Assets (ROA) | 0.83% | 0.47% | 1.33% | 1.05% | 1.33% | 1.15% | 1.07% | 1.12% | 0.95% | 1.18% |
| Net Interest Margin | 2.55% | 2.03% | 2.99% | 2.79% | 1.97% | 2.24% | 3.03% | 3.11% | 3.06% | 3.13% |
| Efficiency Ratio | 66.49% | 68.53% | 52.64% | 53.18% | 40.31% | 63.92% | 54.71% | 37.48% | 39.32% | 41.62% |
| Equity / Assets | 9.47% | 11.06% | 11.72% | 11.72% | 9.86% | 9.53% | 10.83% | 11.38% | 11.09% | 10.9% |
| Book Value / Share | 11.5 | 18.74 | 14.61 | 16.08 | 19.15 | 15.41 | 15.1 | 16.54 | 16.74 | 18.43 |
| NII Growth | 11.53% | 15.53% | 44.84% | -0.82% | 37.36% | 19.98% | 19.96% | 6.19% | -1.14% | 4.42% |
| Dividend Payout | 27.97% | 48.28% | 25.5% | 38.78% | 26.27% | 33.33% | 36% | 37.35% | 42.84% | - |
First Horizon Corporation (FHN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 15, 2026·SEC
Mar 12, 2026·SEC
Jan 15, 2026·SEC
First Horizon Corporation (FHN) stock FAQ — growth, dividends, profitability & financials explained
First Horizon Corporation (FHN) grew revenue by 1.0% over the past year. Growth has been modest.
Yes, First Horizon Corporation (FHN) is profitable, generating $982.0M in net income for fiscal year 2025 (19.7% net margin).
Yes, First Horizon Corporation (FHN) pays a dividend with a yield of 2.55%. This makes it attractive for income-focused investors.
First Horizon Corporation (FHN) has a return on equity (ROE) of 10.8%. This is reasonable for most industries.
First Horizon Corporation (FHN) has a net interest margin (NIM) of 3.1%. This indicates healthy earnings from lending activities.
First Horizon Corporation (FHN) has an efficiency ratio of 41.6%. This is excellent, indicating strong cost control.
First Horizon Corporation (FHN) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates