FHNNYSENational Commercial BanksFiscal year ends December 31Also trades as FHN.PE, FHN.PF, FHN.PH
FIRST HORIZON CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$22.73−0.15 (-0.66%)
Close on Oct 19, 2026
- Market cap
- $10.91B
- P/E (TTM)
- 10.9
- Dividend yield
- 2.64%
First Horizon statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of National Commercial Banks companies for comparison
Valuation
| Measure | First Horizon | Industry median |
|---|---|---|
| Market Cap | $10.77B | $679.86M |
| Enterprise Value | $12.44B | $408.94M |
| PE Ratio | 10.88 | 12.00 |
| PS Ratio | 3.05 | 3.61 |
| PB Ratio | 1.17 | 1.18 |
| P/TBV Ratio | 1.42 | 1.41 |
| P/FCF Ratio | 10.59 | 10.93 |
| P/OCF Ratio | 10.17 | 10.04 |
Enterprise value
| Measure | First Horizon | Industry median |
|---|---|---|
| EV / Sales | 3.53 | 2.78 |
| EV / FCF | 12.23 | 8.25 |
Income (trailing twelve months)
| Measure | First Horizon | Industry median |
|---|---|---|
| Revenue | $3.53B | $170.85M |
| Pretax Income | $1.37B | $70.12M |
| Net Income | $1.06B | $54.33M |
| EPS (Diluted) | $2.09 | $2.90 |
Margins
| Measure | First Horizon | Industry median |
|---|---|---|
| Pretax Margin | 38.8% | 36.4% |
| Profit Margin | 29.9% | 29.1% |
| FCF Margin | 28.8% | 33.0% |
Returns
| Measure | First Horizon | Industry median |
|---|---|---|
| Return on Equity (ROE) | 11.6% | 10.5% |
| Return on Assets (ROA) | 1.27% | 1.12% |
Growth
| Measure | First Horizon | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 10.3% | 11.8% |
| Net Income Growth (YoY) | 25.3% | 23.1% |
| EPS Growth (YoY) | 34.8% | 22.7% |
| FCF Growth (YoY) | 4.74% | 27.1% |
| Revenue Growth (3Y CAGR) | 2.16% | 5.82% |
| Revenue Growth (5Y CAGR) | 1.63% | 6.17% |
| EPS Growth (3Y CAGR) | 6.92% | 1.26% |
| EPS Growth (5Y CAGR) | -0.21% | 8.24% |
Balance sheet
| Measure | First Horizon | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $1.63B | $205.54M |
| Total Debt | $3.00B | $177.19M |
| Net Cash (Debt) | -$1.38B | $164.40M |
| Net Cash Per Share | -$2.90 | $8.13 |
| Equity (Book Value) | $9.17B | $560.44M |
| Book Value Per Share | $19.35 | $28.47 |
| Tangible Book Value | $7.57B | $472.29M |
Financial position
| Measure | First Horizon | Industry median |
|---|---|---|
| Debt / Equity | 0.33 | 0.20 |
| Debt / FCF | 2.95 | 1.81 |
Cash flow (trailing twelve months)
| Measure | First Horizon | Industry median |
|---|---|---|
| Operating Cash Flow | $1.06B | $61.20M |
| Capital Expenditures | -$42.00M | -$4.02M |
| Free Cash Flow | $1.02B | $52.43M |
| FCF Per Share | $2.15 | $3.07 |
Efficiency
| Measure | First Horizon | Industry median |
|---|---|---|
| Asset Turnover | 0.04 | 0.04 |
| Revenue Per Employee | $476.23K | $353.78K |
| Profits Per Employee | $142.63K | $107.28K |
| Employee Count | 7,404 | 489 |
Dividends and yields
| Measure | First Horizon | Industry median |
|---|---|---|
| Earnings Yield | 9.81% | 8.07% |
| FCF Yield | 9.44% | 8.89% |
| Dividend Yield | 2.64% | 2.48% |
| Buyback Yield | 8.18% | 1.55% |
| Shareholder Yield | 10.8% | 3.13% |
| Dividend Per Share | $0.60 | $0.93 |
| Dividend Growth (YoY) | 0.00% | 4.26% |
| Years of Dividend Growth | 0 | 2 |
| Payout Ratio | 29.5% | 29.4% |
| FCF Payout Ratio | 30.7% | 26.0% |
Shares
| Measure | First Horizon | Industry median |
|---|---|---|
| Shares Outstanding | 473,777,000 | 18,839,100 |
| Shares Change (YoY) | -6.41% | 0.39% |
| Float | 467,451,000 | 17,061,900 |
| Shares Held by Insiders | 1.34% | 5.89% |
| Shares Held by Institutions | 86.9% | 61.9% |
Taxes
| Measure | First Horizon | Industry median |
|---|---|---|
| Income Tax | $297.00M | $14.50M |
| Effective Tax Rate | 21.7% | 21.1% |
Scores
| Measure | First Horizon | Industry median |
|---|---|---|
| Graham Number | $30.17 | $45.31 |
| Graham Upside | 32.7% | 21.6% |
| Altman Z-Score | 0.22 | 0.21 |
| Piotroski F-Score | 6 | 6 |
Calculated by StockData from First Horizon's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.