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FHN

NYSE
Strong · 85/100

First Horizon Corp

Financials
Banking

$25.83

0.6%

Updated Today 12:11 PM ET

Report Card

FHN at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Strong · 85/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▲ Up 17.3% over the last 12 months

Price 50-day average 200-day averageDCF fair value ±15%Source: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$12.19B

P/E

11.88x

Forward P/E (est.)

8.68x

ROE

11.4%

Revenue Growth

64.2%

EPS Growth

36.8%

Profit Margin

28.1%

FCF Yield

7.3%

Debt / Equity

0.52x

ROIC

Interest Coverage

Current Ratio

Dividend Yield

2.6%

Implied Growth (rev. DCF)

3.9%

Rating Score

85/100

Business Overview
Research

First Horizon Corp (FHN) is a large-cap company in the Banking industry, part of the Financials sector of the S&P 500, with a market value around $12.19B.

In its latest reported year it generated about $3.42B in revenue and $982.00M in net profit.

Our model rates FHN Strong (85/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what FHN's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. FHN trades near $25.83, above its 50-day average ($24.58) and 200-day average ($23.51). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 63 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. FHN's is $0.49 (~1.9% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month FHN found buyers near $24.10 (support) and sellers near $26.31 (resistance); its 52-week range is $19.80–$26.56. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.3× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

4Y CAGR

17.1%

3/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue

Revenue moved from $1.15B in 2014 to $3.42B in 2025, a 12.9% compound annual growth rate. The most recent year grew a strong 64.2% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research
2/3 checks passedProfitableNet margin above sector midpointROE above 12%

Gross Margin

Operating Margin

36.2%

Net Margin

28.7%

ROE

11.4%

First Horizon Corp keeps about 28.1% of each sales dollar as net profit. Return on equity is 11.4%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research
2/2 checks passedDebt under 1× equityDebt under 2× equity

Total Debt

$3.23B

Net Debt

$2.26B

Net Debt / EBITDA

Debt / Equity

0.52x

Leverage: debt-to-equity is 0.5x. That is a moderate, manageable debt load for most businesses. It carries roughly $3.23B of total debt against $964.31M of cash.

Cash Flow Analysis
Research
3/3 checks passedPositive free cash flowFCF yield above 2%Market expects achievable growth (<8%)

Operating CF

$628.00M

Free Cash Flow

$595.00M

FCF Margin

17.4%

In the latest year First Horizon Corp produced about $628.00M of operating cash flow and $595.00M of free cash flow after capital spending. That is a free-cash-flow yield of about 7.3% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research
4/4 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)Trading below DCF fair value

P/E

11.88x

P/S

2.12x

P/B

1.33x

EV / EBITDA

FHN trades at 11.9x trailing earnings (about 8.7x on estimated forward earnings), 2.1x sales, and 1.3x book value. Reverse-engineering today's price implies the market expects roughly 3.9% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

$51.91

Current price

$25.83

+101% · Below fair-value estimate

Starting FCF (latest 10-K)

$595.00M

Growth, years 1–5

20.0%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$9.19B
PV of terminal value$15.45B
Estimated equity value$24.64B
Shares outstanding475M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Sector Range

Where FHN sits versus its Financials sector peers in the S&P 500.

TTM P/E
11.9xFair
Forward P/E
8.7xCheap
P/S ratio
2.1xFair
Revenue growth
64.2%Strong
EPS growth
36.8%Strong
Gross margin
Net margin
28.1%Strong
ROE
11.4%Average

Bands show the middle half (25th–75th percentile) of the 95 Financials companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.

Sector Peer Comparison

How FHN stacks up against its Financials peers — valuation, profitability, and growth versus the sector median.

In the Financials sector (181 S&P 500 companies), FHN ranks #2 of 181 by our overall rating. It trades at a discount versus the sector on earnings (11.9x P/E vs. 15.3x median) with a lower return on equity (11.4% vs. 13.6%) and faster revenue growth (64.2% vs. 15.5%).

P/E vs sector

11.9x

median 15.3x

ROE vs sector

11.4%

median 13.6%

Growth vs sector

64.2%

median 15.5%

Sector rank

#2

of 181 by rating

CompanyP/ERev Gr.Rating
FHNThis stock11.9x64.2%Strong· 85
GGAL115.8xWeak· 18
BSAC13.5x15.9%Favorable· 62
CIB11.1x60.4%Strong· 79
BCH16.2x-3.3%Neutral· 53
BSBR7.8xWeak· 33
BAP14.7x33.1%Strong· 80
BBD7.6x54.7%Favorable· 59
Financials median15.3x15.5%26/100

Valuation vs. quality map

sector medianGGALBSACCIBBCHBSBRBAPBBDFHNP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Financials companies by sub-industry and size. Sector median is across all 181 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $25.83 today · expected CAGR 29%44%

Metric20262027202820292030
Revenue$4.96B$7.19B$10.42B$15.11B$21.91B
Net income$1.44B$2.08B$3.02B$4.38B$6.36B
EPS$3.03$4.39$6.37$9.23$13.39
Share price (low)$21.20$30.75$44.58$64.64$93.73
Share price (high)$36.35$52.71$76.43$110.82$160.68
CAGR (low–high)-18% / 41%9% / 43%20% / 44%26% / 44%29% / 44%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for FHN:

  • Revenue is growing 64.2% a year, a sign of real demand.
  • High net margins (28.1%) point to pricing power or efficiency.
  • Healthy free-cash-flow yield (~7.3%) funds buybacks and dividends.
  • Pays a 2.6% dividend on top of any price gains.
  • Our model's overall read is Strong (85/100).
Bear Case

The case against FHN:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: First Horizon Corp is a large-cap financials business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 11.9x earnings, which our model scores Strong (85/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

FHN — frequently asked questions

Is FHN a good stock to buy?

We don't give buy or sell advice. Our model rates First Horizon Corp Strong (85/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is FHN's rating on The Stocks School?

First Horizon Corp currently scores 85/100 (Strong) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does FHN's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from First Horizon Corp's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for FHN calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this FHN analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell FHN. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.