FHN

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. First Horizon stock has delivered a 120.0% return over the past three years, and the latest Excess Returns intrinsic value estimate suggests the shares still trade at a sizeable discount to that model, even though market based multiples look about right overall. The 120.0% return over three years puts First Horizon firmly in the group of bank stocks that have already rewarded patience, which makes any remaining discount to intrinsic value more important to scrutinize. Stronger profitability and capital efficiency can support the current valuation, while any setback in loan growth or pressure on funding costs may weigh on how sustainable that valuation looks. With a high value score, First Horizon screens as attractively priced on most of Simply Wall St's broader checks, with 5 of 6 indicators pointing to undervaluation. For investors, the debate is whether a stock that has already performed well and appears undervalued on intrinsic metrics still offers a margin of safety at around US$25.40. Find out why First Horizon's 17.5% return over the last year is lagging behind its peers. The Excess Returns model looks at how much profit First Horizon earns on shareholder capital compared with the return investors require. For First Horizon, the inputs suggest the bank is consistently earning more than its cost of equity, which in turn drives the intrinsic value well above the current share price. The model uses a Book Value of $17.87 per share and a Stable EPS of $2.35 per share, against a Cost of Equity of $1.40 per share. That leaves an Excess Return of $0.95 per share, supported by an Average Return on Equity of 11.90% and a Stable Book Value estimate of $19.72 per share. Putting these together, Excess Returns arrives at an intrinsic value of about $46.22 per share, compared with the current price around $25.40, implying the stock is 45.0% undervalued. Because the recent Q2 2026 earnings beat showed return on equity in the low teens, the market price appears to lag what this profitability profile supports. On these Excess Returns assumptions, First Horizon stock currently screens as undervalued relative to its estimated intrinsic worth. Our Excess Returns analysis suggests First Horizon is undervalued by 45.0%. Track this in your watchlist or por...

Friday at last. If you live in the eastern half of the U.S., you’re likely very aware of the poor air quality in many cities due to the wildfires in Northern Ontario. Please think good thoughts for all the evacuees and the fire crews fighting approximately 106 wildfires in the region. It’s as serious as things get in life. IBM Just Had the Worst Day in Its History. Here's How to Get Paid to Buy the Dip. Why Strategy’s (MSTR) Q2 Earnings Test May Help Engineer a Short-Term Pop AAP’s Unusually Active $62.50 Call Isn’t a Covered Call. It’s a Bullish Bet on a Beaten-Down Stock. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. The S&P 500 futures are down and the VIX is up as I write this before the markets open. The Nasdaq Composite lost 1.47% yesterday. The tech-heavy index is down 1.21% through Thursday. Investors continue to worry about chip stocks. Today’s action looks gloomy. One non-tech stock that had a good day yesterday was First Horizon (FHN), the Tennessee regional bank. It was up 1.84% on the day after announcing better-than-expected Q2 2026 earnings. As a result, First Horizon’s share and options volumes were above average yesterday. The 11.3 million shares traded were more than double its 30-day average, while the options volume of 200,923 was nearly 17 times the 30-day average, and the fifth-highest single-day number in the past two years. Interestingly, much of First Horizon’s options volume was for one unusually active Nov. 20 call option. I’ll break down three things investors can take from yesterday’s action. Have an excellent weekend. Please stay safe. First Horizon’s Nov. 20 $27 call, the bank's only unusually active option yesterday, was the second-highest on the day with a Vol/OI (volume to open interest) ratio of 223.80. It was one of only two options with Vol/OI ratios above 100. The unusually active call accounted for nearly 50% of First Horizon’s options volume yesterday. More importantly, that one trade, along with four other trades of 10 or more contracts, accounted for 99.7% of First Horizon’s options volume. A single institution clearly drove this. Based on yesterday's options flow, there were two 100,000-contract trades, and, not coincidentally, they occurred at the same time. The two trades point to a Short Call Diagonal Spread. When you read the word “...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. First Horizon (FHN) stock is reacting to Q2 2026 results, with net income of US$271 million and diluted EPS of US$0.54, as investors weigh higher revenue against concerns about rising expenses and capital ratios. See our latest analysis for First Horizon. Beyond the immediate earnings reaction, First Horizon’s 1-day share price return of 1.84% and 90-day share price return of 4.57% sit alongside a 1-year total shareholder return of 17.54% and a very large 3-year total shareholder return of about 12x. This suggests underlying momentum has been building even as short term moves remain sensitive to expense and capital ratio updates. If Q2 results have you rethinking your watchlist, this is a good moment to broaden your search and check out 18 top founder-led companies For First Horizon, the latest swing reflects the tension between solid Q2 execution and investor unease about expenses and capital ratios. The next step is to see whether the current price still aligns with the fundamentals. With First Horizon closing at $25.40 versus a narrative fair value of $27.45, the current setup frames a modest valuation gap that hinges on earnings durability and capital deployment. Read the complete narrative. Want to see what sits behind that resilience claim? The story leans heavily on measured revenue growth, steady margins, and shrinking share count. The exact mix may surprise you. Result: Fair Value of $27.45 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, First Horizon’s narrative could be tested if credit costs worsen further or if fee income and loan yields stay under pressure for longer than analysts currently assume. Find out about the key risks to this First Horizon narrative. If this First Horizon story seems balanced but incomplete, review the underlying figures yourself and move quickly to form your own view with 4 key rewards If First Horizon has sharpened your focus, do not stop here. Broaden your watchlist with fresh stock ideas built from clear data, not hype. Target steady compounding potential by scanning companies that currently screen as 49 high quality undervalued stocks Prioritise resilience by checking stocks that appear in...

First Horizon Corporation FHN posted second-quarter 2026 earnings per share (EPS) of 54 cents, surpassing the Zacks Consensus Estimate of 52 cents. This compares favorably with 45 cents in the year-ago quarter. Results benefited from higher net interest income (NII) and non-interest income, along with a lower provision for credit losses. Higher loan and deposit balances also provided support. However, rising expenses and weaker capital ratios were headwinds. Given these concerns, FHN shares lost nearly 3% in yesterday’s trading session. Net income available to its common shareholders was $260 million, up 12% year over year. Total quarterly revenues were $887 million, which increased 7% year over year. The top line surpassed the Zacks Consensus Estimate of $873.5 million. NII increased 5% year over year to $676 million. Additionally, the net interest margin expanded 9 basis points from the prior-year quarter to 3.49%. Non-interest income was $211 million, rising 12% year over year. The increase reflected growth in brokerage, trust and insurance income, fixed income revenues, mortgage banking revenues and deferred compensation income. Non-interest expenses increased 8% year over year to $531 million. The rise was mainly due to higher salaries and benefits, outside services, occupancy and equipment, and deferred compensation expenses. The efficiency ratio was 59.88%, up from 59.20% in the same quarter last year. A rise in the efficiency ratio indicates lower profitability. Commercial, Consumer and Wealth revenues were $777 million, up 3% year over year. The segment’s net income increased 3% to $304 million. Wholesale revenues rose 13% year over year to $125 million. However, the segment’s net income declined 22% to $18 million. Corporate revenues were negative $15 million compared with negative $38 million in the prior-year quarter. The segment reported a net loss of $48 million, narrower than the year-ago loss of $75 million. Total period-end loans and leases, net of unearned income, were $65.3 billion, up 1.5% from the end of the prior quarter. Total period-end deposits were $68.1 billion, increasing 2.4% sequentially. Non-performing loans and leases totaled roughly $531 million, down from $593 million in the prior-year quarter. The non-performing loans and leases ratio declined to 0.81% from 0.94%. The allowance for credit losses to loans and leases ratio wa...

First Horizon National (FHN) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.85%. A quarter ago, it was expected that this bank holding company would post earnings of $0.49 per share when it actually produced earnings of $0.53, delivering a surprise of +8.16%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. First Horizon, which belongs to the Zacks Banks - Southwest industry, posted revenues of $887 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.55%. This compares to year-ago revenues of $830 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. First Horizon shares have added about 7.6% since the beginning of the year versus the S&P 500's gain of 10.2%. While First Horizon has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for First Horizon was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zack...

MEMPHIS, Tenn., July 15, 2026 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported second quarter net income available to common shareholders ("NIAC") of $260 million or earnings per share of $0.54, compared with first quarter 2026 NIAC of $257 million or earnings per share of $0.53 and second quarter 2025 NIAC of $233 million or earnings per share of $0.45. Return on common equity and return on tangible common equity grew to 12.3% and 15.2%, respectively, in the quarter.* "Our results represent another quarter of disciplined execution," said Chairman, President and CEO Bryan Jordan. "This performance is the result of our focus on developing client relationships and prioritizing and delivering outstanding service." Jordan continued, "Compared to the first half of 2025, net income available to common shareholders grew 16% in the first half of 2026. This reflects strength across multiple aspects of our business and includes 3% year-over-year loan growth." Conference Call Information Analysts, investors and interested parties may call toll-free starting at 8:15 a.m. CT on July 15, 2026, by dialing 1-833-461-5787 (if calling from the U.S.) and entering access code 702071053. The conference call will begin at 8:30 a.m. CT. Participants can also opt to listen to the live audio webcast at https://ir.firsthorizon.com/events-and-presentations/default.aspx. A replay of the webcast will be available on our website on July 15 and will be archived on the site for one year. Forward-Looking Statements This document and the complete 2Q2026 earnings release to which it relates contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to FHN's beliefs, plans, goals, expectations, and estimates. Forward-looking statements are not a representation of historical information, but instead pertain to future operations, strategies, financial results, or other developments. Forward-looking statements often use words such as "believe," "expect," "anticipate," "intend," "estimate," "should," "is likely," "will," "going forward," and other similar expressions that indicate future events and trends. Forward-looking statements are necessarily based upon estimates and a...

MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — First Horizon National Corp. (FHN) on Wednesday reported second-quarter earnings of $271 million. The bank, based in Memphis, Tennessee, said it had earnings of 54 cents per share. The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. The bank holding company posted revenue of $1.24 billion in the period. Its revenue net of interest expense was $887 million, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $873.5 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FHN at https://www.zacks.com/ap/FHN

Interested in First Horizon Corporation? Here are five stocks we like better. First Horizon posted stronger second-quarter results, with adjusted EPS up 20% year over year and loan balances growing by about $2 billion. Management said the bank remains on track with full-year expectations and sees continued momentum into the second half of the year. Loan growth was a major bright spot, driven by commercial lending, while net interest income rose even as net interest margin compressed slightly in line with expectations. New commitments were up more than 50% year over year, supporting a healthy pipeline. Deposits, fee income and credit remained manageable but mixed: deposit costs rose amid competition, fixed income revenue fell on volatility, and expenses increased modestly. Credit quality stayed within expectations, and the bank ended the quarter with a solid CET1 ratio of 10.5% and continued share repurchases. Banking and trucking: Is the economy rolling toward troubles? First Horizon (NYSE:FHN) reported higher adjusted earnings and continued loan growth in the second quarter of 2026, with management saying the bank remains on track with its full-year expectations despite deposit competition, rate uncertainty and volatility affecting fixed income revenue. Chairman, President and Chief Executive Officer Bryan Jordan said adjusted earnings per share rose $0.09, or 20%, from a year earlier, while adjusted pre-provision net revenue increased 8%. Period-end loan balances grew by about $2 billion compared with the second quarter of 2025. → 3 Space Stocks That Could Outshine SpaceX After Its IPO PacWest, First Horizon Shares Plummet On Continued Bank Worries “These outcomes are the direct results of our clear objectives, disciplined execution, and the value we demonstrate to clients day in and day out,” Jordan said. He added that First Horizon sees “continued growth momentum going into the second half of the year.” Chief Financial Officer Hope Dmuchowski said adjusted EPS increased $0.01 from the prior quarter to $0.54, while adjusted PPNR rose 1% to $364 million. Average loan balances increased by $1.5 billion during the quarter. Compared with the first half of 2025, adjusted return on common equity rose by more than 180 basis points, adjusted PPNR increased 8%, and adjusted EPS was up $0.21. → The SK Hynix IPO and 2027’s AI Memory Squeeze Net interest income rose...

This article first appeared on GuruFocus. Adjusted Earnings Per Share (EPS): Increased by $0.09 or 20% year-over-year; grew by $0.01 to $0.54 in the second quarter. Adjusted Pre-Provision Net Revenue (PPNR): Increased by 8% year-over-year; grew by 1% to $364 million in the second quarter. Period-End Loan Balances: Grew by approximately $2 billion year-over-year; increased by $953 million from the prior quarter. Net Interest Income (NII): Increased by $9 million in the second quarter. Net Interest Margin (NIM): Compressed by 3 basis points, settling into the high 3.40s. Deposit Balances: Increased by $1.6 billion compared to the prior quarter. Average Rate on Interest-Bearing Deposits: Increased to 2.33%, a 5 basis point increase from the prior quarter. Net Charge-Offs: Increased by $4 million to $33 million. Provision for Credit Losses: $15 million in the quarter. Common Equity Tier 1 (CET1) Ratio: Ended the quarter at 10.5%. Tangible Book Value Per Share: Ended the quarter at $14.53, up 7% year-over-year. Share Buybacks: 4 million shares totaling $100 million in the quarter. Warning! GuruFocus has detected 5 Warning Sign with FHN. Is FHN fairly valued? Test your thesis with our free DCF calculator. Release Date: July 15, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Adjusted earnings per share increased by $0.09 or 20% year-over-year, indicating strong financial performance. Period-end loan balances grew by approximately $2 billion compared to the second quarter of 2025, showcasing robust loan growth. Net interest income grew by $9 million in the quarter, reflecting strong loan growth and effective interest rate management. The company saw a 50% year-over-year increase in new commercial real estate commitments, highlighting strong production and growth potential. First Horizon Corp (NYSE:FHN) maintained a strong CET1 ratio of 10.5%, indicating solid capital strength and financial stability. Net interest margin compressed by 3 basis points, reflecting challenges in maintaining margin amidst a competitive rate environment. Deposit costs increased by 5 basis points due to a competitive environment, impacting overall profitability. Fee income decreased by $1 million from the prior quarter, driven by a decline in fixed income revenues due to macroeconomic volatility. Net charge-offs increased by $4 mill...

First Horizon (NYSE:FHN) reported better-than-expected second-quarter earnings, helping lift its shares more than 3 percent in premarket trading on Wednesday as the regional lender delivered higher profitability and continued loan growth. The Memphis-based bank posted earnings per share of 0.54 dollars for the second quarter, ahead of analysts’ consensus estimate of 0.52 dollars. Net income available to common shareholders increased 12 percent year on year to 260 million dollars, while earnings improved by 0.09 dollars per share compared with the same quarter in 2025. Following the results, First Horizon shares rose 3.6 percent in premarket trading. The bank said disciplined execution and continued investment in customer relationships helped drive its results. Loan balances increased 3 percent from a year earlier, contributing to improved profitability across the business. Chairman, President and Chief Executive Officer Bryan Jordan said: “Our results represent another quarter of disciplined execution.” He added: “This performance is the result of our focus on developing client relationships and prioritizing and delivering outstanding service.” Jordan also noted: “Net income available to common shareholders grew 16% in the first half of 2026 compared to the first half of 2025, reflecting strength across multiple aspects of the business.” First Horizon generated a return on common equity of 12.3 percent during the quarter, while return on tangible common equity increased to 15.2 percent. Total assets stood at 84.4 billion dollars as of 30 June 2026. Net income available to common shareholders reached 260 million dollars, compared with 257 million dollars in the first quarter of 2026 and 233 million dollars in the second quarter of the previous year. First Horizon operates through First Horizon Bank across 12 states in the southern United States, offering a broad range of financial services including commercial banking, consumer banking, private banking, wealth management, trust services, capital markets, fixed income, retail brokerage and mortgage banking. The latest quarterly results highlight the bank’s continued focus on relationship-driven growth while maintaining steady improvements in earnings and profitability. First Horizon stock price

First Horizon (FHN) reported Q2 adjusted earnings Wednesday of $0.54 per share, up from $0.45 a year

For the quarter ended June 2026, First Horizon National (FHN) reported revenue of $887 million, up 6.4% over the same period last year. EPS came in at $0.54, compared to $0.45 in the year-ago quarter. The reported revenue represents a surprise of +1.55% over the Zacks Consensus Estimate of $873.47 million. With the consensus EPS estimate being $0.52, the EPS surprise was +3.85%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how First Horizon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average Balance - Total interest earning assets: $78.06 billion versus the three-analyst average estimate of $78.03 billion. Efficiency Ratio: 59.9% versus the three-analyst average estimate of 57.5%. Net Interest Margin (FTE): 3.5% versus 3.5% estimated by three analysts on average. Total nonperforming loans and leases: $531 million versus $603 million estimated by two analysts on average. Net charge-off ratio: 0.2% compared to the 0.2% average estimate based on two analysts. Net Interest Income: $676 million versus $678.48 million estimated by three analysts on average. Total Non-Interest Income: $211 million versus the three-analyst average estimate of $198.21 million. Net interest income (FTE): $679 million versus $680.14 million estimated by two analysts on average. View all Key Company Metrics for First Horizon here>>> Shares of First Horizon have returned +3.2% over the past month versus the Zacks S&P 500 composite's +1.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Horizon Corporation (FHN) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research