First Horizon Corporation (FHN)
Financials · NYQ
Price as at 2 Oct 2026, 01:38 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
First Horizon Corporation trades at $23.05, which is 145% below the $56.58 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 47 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 13.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
FHN dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.510 | 3 |
| 2025 | $0.600 | 4 |
| 2024 | $0.600 | 4 |
| 2023 | $0.600 | 4 |
| 2022 | $0.600 | 4 |
| 2021 | $0.600 | 4 |
| 2020 | $0.600 | 4 |
| 2019 | $0.560 | 4 |
| 2018 | $0.480 | 4 |
| 2017 | $0.360 | 4 |
| 2016 | $0.280 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
FHN earnings and analyst estimates
Recommendation mix, 19 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About First Horizon Corporation
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 profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
FHN passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
14 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$224.86M · 0.1% of book
- Ken Griffin, CITADEL ADVISORS LLC$207.20M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$158.24M · 0.1% of book
- Steve Cohen, Point72 Asset Management, L.P.$64.14M · 0.1% of book
- Ray Dalio, Bridgewater Associates, LP$41.88M · 0.2% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in FHN
Trades in FHN disclosed by members of Congress and executive-branch officials, latest first:
- Christopher L. Jacobs · HouseBuy · $1,001 - $15,000 · traded 12 Dec 2022 · disclosed 20 Jan 2023
- Christopher L. Jacobs · HouseSell · $1,001 - $15,000 · traded 18 Jul 2022 · disclosed 9 Sept 2022
- Christopher L. Jacobs · HouseBuy · $15,001 - $50,000 · traded 21 Jun 2022 · disclosed 28 Jul 2022
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
FHN peers
The largest companies in the same industry (Banks - Regional), then in the same sector.
- HDB HDFC Bank Limited
- IBN ICICI Bank Limited
- CIXPF CaixaBank, S.A.
- ITUB Itaú Unibanco Holding S.A.
- NWG NatWest Group plc
- DB Deutsche Bank Aktiengesellschaft
- NU Nu Holdings Ltd.
- CRARF Crédit Agricole S.A.
Every financials company we cover is on the Financials hub.
Common questions
Is First Horizon Corporation (FHN) undervalued?
Against our fair value estimate of $56.58, FHN at $23.05 is 145% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own FHN?
14 of the institutions we track reported a position in FHN in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is FHN's P/E ratio?
FHN trades at 13.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does First Horizon Corporation (FHN) pay a dividend?
Yes. First Horizon Corporation yields 2.63% at the current share price. It has paid $0.660 per share over the trailing twelve months. It has paid a dividend in each of the last 15 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its FHN data?
Fundamentals for FHN come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 2 Oct 2026, 01:38 UTC and is delayed. Our data quality score for this company is 88/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for FHN, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.