First Horizon faces a complex outlook as a sharp $337 million provision expense in 2026Q1 highlights potential asset quality deterioration within its Sunbelt commercial portfolio. While the bank maintains a stable equity-to-assets ratio of 0.11, the recent spi...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Operating leverage remains under pressure as the efficiency ratio deteriorated to 58.6% in 2026Q1, compounded by a $142 million loss in non-interest income.
First Horizon has demonstrated a solid financial foundation with consistent revenue growth and profitability. Its trailing twelve months (TTM) net income stands at $1.01 billion, showcasing its profitability, with Q1 2026 net income reported at $263 million, up from the previous quarter.
First Horizon is actively expanding its footprint, with approximately 500 banking offices across 22 states. The company's tangible book value has also shown strong growth, increasing by 2.7% quarter-over-quarter in Q4 2025.
The stock is trading at a price-to-earnings (P/E) ratio of around 11.30 to 12.33, which is considered attractive compared to industry averages. Some analysts believe the stock is trading at a significant discount to its estimated fair value.
Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 15, 2026 | $0.54+3.8% vs $0.52 | $887M+1.0% vs $878M |
Q2 2026 Apr 15, 2026 | $0.53+6.6% vs $0.50 | $864M-0.6% vs $869M |
Q1 2026 Feb 26, 2026 | $0.53 vs — | $1.3B vs — |
Q1 2026 Jan 15, 2026 | $0.52+13.0% vs $0.46 | $891M+3.4% vs $861M |
NEW ORLEANS, Sept. 16, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN) (or "First Horizon") announced today that Jimmy Dunn, New Orleans Market President, will receive the New Orleans City Business ICON award, and Mary Lakey, Director of Pricing and Profitability, Corporate Treasury, has been named as one of 2026 New Orleans CityBusiness Women of the Year.
First Horizon Corporation (FHN) Presents at Barclays 24th Annual Global Financial Services Conference Transcript
NEW ORLEANS, Sept. 10, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN) (or "First Horizon") is pleased to announce that Jennifer Feske has joined the company as Senior Commercial Portfolio Manager in the New Orleans Market.
NEW ORLEANS, Sept. 9, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today that three of its bankers have been selected to participate in regional leadership programs across Southeast Louisiana: Tim Finn in the New Orleans Regional Leadership Institute (NORLI), Colin O'Flynn in the Jefferson Chamber of Commerce Leadership Jefferson program and Chris Tusa in Leadership St. Tammany.
Benchmark FHN against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for First Horizon Corporation (FHN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $23.34 | $11.08B | 12.41 | 10.5% | 19.72% | 10.77% | 2.71% | |
| $63.65 | $9.29B | 10.59 | 8.21% | 19.52% | 13.77% | — | |
| $65.49 | $27.69B | 16.97 | -5.85% | 17.51% | 7.63% | — | |
| $15.69 | $31.7B | 11.29 | 10.58% | 16.64% | 8.57% | — | |
| $27.91 | $23.82B | 12.19 | 6.25% | 23.13% | 11.75% | — | |
| $52.76 | $47.82B | 14.90 | 8.37% | 15.91% | 8.86% | — |
First Horizon Corporation (FHN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
First Horizon Corporation (FHN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 15, 2026·SEC
Apr 29, 2026·SEC
Apr 15, 2026·SEC
Get notified when FHN posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
First Horizon Corporation (FHN) stock FAQ — growth, dividends, profitability & financials explained
First Horizon Corporation (FHN) grew revenue by 10.5% over the past year. This is steady growth.
Yes, First Horizon Corporation (FHN) is profitable, generating $1.03B in net income for fiscal year 2025 (19.7% net margin).
Yes, First Horizon Corporation (FHN) pays a dividend with a yield of 2.71%. 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.
