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XNYSFHNpB
Market cap10bUSD
Dec 27, Last price  
25.49USD
1D
0.05%
1Q
2.62%
Name

First Horizon Corp

Chart & Performance

D1W1MN
XNYS:FHNpB chart

Profile

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also underwrites bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers various services, such as mortgage banking; title insurance and loan-closing; brokerage; correspondent banking; nationwide check clearing and remittance processing; trust, fiduciary, and agency; equipment finance; and investment and financial advisory services. Further, the company sells mutual fund and retail insurance products; and credit cards. It operates approximately 500 banking offices in 22 states under the First Horizon Bank brand; and 400 banking centers in 12 states under the FHN Financial brand in the United States. The company was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in November 2020. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.
URL
https://www.firsthorizon.com/
IPO date
Jul 28, 1999
Employees
7,300
Domiciled in
US
Incorporated in
US

Valuation

Title
USD in thousands, except ratios and share amounts
FYFYFYFYFYFYFYFYFYFY
2023‑122022‑122021‑122020‑122019‑122018‑122017‑122016‑122015‑122014‑12
Income
Revenues
2,982,000
-7.07%
3,209,000
4.49%
3,071,000
-2.63%
Cost of revenue
1,342,000
1,151,000
1,247,000
Unusual Expense (Income)
NOPBT
1,640,000
2,058,000
1,824,000
NOPBT Margin
55.00%
64.13%
59.39%
Operating Taxes
212,000
247,000
274,000
Tax Rate
12.93%
12.00%
15.02%
NOPAT
1,428,000
1,811,000
1,550,000
Net income
897,000
-0.33%
900,000
-9.91%
999,000
18.22%
Dividends
(367,000)
(356,000)
(366,000)
Dividend yield
4.61%
2.57%
4.07%
Proceeds from repurchase of equity
(10,000)
518,000
(233,000)
BB yield
0.13%
-3.74%
2.59%
Debt
Debt current
2,549,000
2,506,000
2,124,000
Long-term debt
1,495,000
1,968,000
1,976,000
Deferred revenue
Other long-term liabilities
71,220,000
909,000
(1,590,000)
Net debt
(16,485,000)
(9,553,000)
(31,681,000)
Cash flow
Cash from operating activities
1,299,000
2,311,000
741,000
CAPEX
(37,000)
(28,000)
(53,000)
Cash from investing activities
(2,605,000)
8,313,000
(4,617,000)
Cash from financing activities
1,494,000
(10,869,000)
4,016,000
FCF
16,485,000
15,384,000
(5,357,000)
Balance
Cash
9,403,000
2,445,000
24,761,000
Long term investments
11,126,000
11,582,000
11,020,000
Excess cash
20,379,900
13,866,550
35,627,450
Stockholders' equity
3,940,000
3,708,000
3,751,000
Invested Capital
60,008,000
77,751,000
87,464,000
ROIC
2.07%
2.19%
1.82%
ROCE
2.56%
2.53%
2.00%
EV
Common stock shares outstanding
561,732
566,004
551,241
Price
14.16
-42.20%
24.50
50.03%
16.33
27.98%
Market cap
7,954,125
-42.64%
13,867,098
54.05%
9,001,766
62.57%
EV
(7,715,875)
5,623,098
(21,864,234)
EBITDA
1,742,000
2,157,000
1,874,000
EV/EBITDA
2.61
Interest
1,560,000
304,000
176,000
Interest/NOPBT
95.12%
14.77%
9.65%