YouTube · Q1 2026 · 2026-04-20
FHN · NYSE
First Horizon Corporation
Banks - Regional · United States
USD 23.480.5% daily changeQuote 2026-10-06 · USD
- Market cap (USD)
- US$11.12B
- Trailing P/E
- 11.29x
- Forward P/E
- 10.13x
- Quarterly revenue growth
- 9.0%
- Trailing net margin
- 30.2%
- Indicated dividend yield
- 2.9%
Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-15 (provider estimate, not issuer-confirmed).
Company background
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. It operates through Regional Banking, Specialty Banking, and Corporate segments. The company offers commercial banking, business banking, consumer banking, private client investment, wealth management, financial planning, trust and asset management services, asset-based lending, commercial real estate, equipment finance/leasing, energy finance, international banking, healthcare finance, transportation and logistics finance, treasury management solutions, and loan syndications services. It also provides fixed income securities sales, trading, underwriting, and strategies for institutional clients; loan sales; portfolio advisory services; derivative sales; mortgage warehouse lending; franchise finance; corporate and correspondent banking; and mortgage origination services. Further, it provides transaction processing services, credit card products, and sale of mutual funds. First Horizon Corporation was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in April 2004. The company was founded in 1864 and is headquartered in Memphis, Tennessee.
Company websiteQ1 2026
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Comparable businesses
FHN peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | FHNFirst Horizon CorporationSnapshot 2026-10-06Financial period: 2026-06-30 | WTFCWintrust Financial CorporationSnapshot 2026-10-06Financial period: 2026-06-30 | ZIONZions Bancorporation, National AssociationSnapshot 2026-10-06Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$11.12B | US$9.84B | US$9.28B | US$9.56Bn=2 |
| Forward P/EProvider forward earnings estimate | 10.13x | 10.55x | 9.35x | 9.95xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 9.0% | 10.2% | 35.2% | 22.7%n=2 |
| Trailing P/ETrailing twelve-month earnings | 11.29x | 11.72x | 8.10x | 9.91xn=2 |
| Price / bookPrice / positive book equity per share | 1.31x | 1.39x | 1.22x | 1.30xn=2 |
| EV / salesEnterprise value / trailing revenue | — | — | — | — |
| Earnings growthLatest quarter vs prior-year quarter | 20.0% | 18.7% | 87.1% | 52.9%n=2 |
| Gross marginTrailing twelve months | — | — | — | — |
| Net marginTrailing twelve months | 30.2% | 32.6% | 31.8% | 32.2%n=2 |
| Return on equityProvider trailing return; positive equity only | 11.5% | 12.2% | 16.4% | 14.3%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | — | — | — | — |
| Dividend yieldIndicated annual dividend / price | 2.9% | 1.5% | 3.0% | 2.3%n=2 |
| Earnings payoutProvider trailing dividend payout | 30.8% | 16.9% | 22.9% | 19.9%n=2 |
| Current ratioCurrent assets / current liabilities | — | — | — | — |
| BetaProvider historical market sensitivity | 0.63 | 0.89 | 0.83 | 0.86n=2 |
YouTube · Q1 2026 · 2026-04-20
YouTube · Q1 2026 · 2026-04-20
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
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Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for FHN
Q1 20262026-04-18
FHN Stock: EPS Beats by 8% — Q1 2026 Earnings Analysis
Presentation · 2026-04-18 · YouTube