First Horizon Corporation logo

First Horizon Corporation

FHN

NYSEFinancial ServicesBanks - Regional

Previous close

$24.63

−$0.05 · -0.20%

Aug 21, 4:00 PM ET

FHN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

70

Undervalued

Momentum

52

Neutral

Sentiment

73

Bullish

Risk resilience

85

Low Risk

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Company profile

Company website

First Horizon Corporation functions as the parent company of First Horizon Bank, offering a diverse range of financial services. Its operations are segmented into three core divisions: Regional Banking, Specialty Banking, and Corporate. The company provides standard banking services to consumers, businesses, financial institutions, and governmental bodies. Beyond core banking, it also underwrites eligible securities, such as fixed-income instruments, via its financial subsidiaries; engages in the sale of loans and derivatives; and provides advisory services. Its broad service portfolio further encompasses mortgage banking, title insurance and loan-closing, brokerage, correspondent banking, nationwide check clearing and remittance, trust and fiduciary functions, equipment financing, and both investment and financial advisory. Additionally, First Horizon markets mutual funds, retail insurance products, and credit cards. Across the United States, the corporation maintains a significant presence, with roughly 500 First Horizon Bank branches across 22 states and about 400 FHN Financial centers in 12 states. Formerly known as First Horizon National Corporation, the company adopted its current name, First Horizon Corporation, in November 2020. Established in 1864, its corporate headquarters are located in Memphis, Tennessee.

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
D. Bryan Jordan
Listed since
Mar 17, 1980
Employees
7,400

Market position

Day range

Current $24.63

52-week range

Current $24.63

Open
$24.815
Previous close
$24.68
Volume
4.1M
0.86× average
Average volume
4.78M
Average daily volume
Market cap
11.69B USD
Beta
0.62
Market reference 1
50-day average
$25.487
-3.36% below average
200-day average
$24.132
+2.06% above average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends114%78%42%7%Gross margin, FY2021: 104.63%Gross margin, FY2022: 88.68%Gross margin, FY2023: 61.40%Gross margin, FY2024: 59.67%Gross margin, FY2025: 67.32%Operating margin, FY2021: 40.71%Operating margin, FY2022: 33.98%Operating margin, FY2023: 23.92%Operating margin, FY2024: 20.36%Operating margin, FY2025: 25.70%Net margin, FY2021: 31.67%Net margin, FY2022: 26.39%Net margin, FY2023: 19.02%Net margin, FY2024: 15.70%Net margin, FY2025: 19.72%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 104.63%. Gross margin FY2022 88.68%. Gross margin FY2023 61.40%. Gross margin FY2024 59.67%. Gross margin FY2025 67.32%. Operating margin FY2021 40.71%. Operating margin FY2022 33.98%. Operating margin FY2023 23.92%. Operating margin FY2024 20.36%. Operating margin FY2025 25.70%. Net margin FY2021 31.67%. Net margin FY2022 26.39%. Net margin FY2023 19.02%. Net margin FY2024 15.70%. Net margin FY2025 19.72%.

Income trends

Revenue

4.99B USD+0.97%

Operating income

1.28B USD+27.46%

Net income

983M USD+26.84%
Income trends across reported periods5.41B USD3.72B USD2.04B USD354M USDRevenue, FY2021: 3.15B USDRevenue, FY2022: 3.41B USDRevenue, FY2023: 4.72B USDRevenue, FY2024: 4.94B USDRevenue, FY2025: 4.99B USDOperating income, FY2021: 1.28B USDOperating income, FY2022: 1.16B USDOperating income, FY2023: 1.13B USDOperating income, FY2024: 1.01B USDOperating income, FY2025: 1.28B USDNet income, FY2021: 999M USDNet income, FY2022: 900M USDNet income, FY2023: 897M USDNet income, FY2024: 775M USDNet income, FY2025: 983M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.15B USD. Revenue FY2022 3.41B USD. Revenue FY2023 4.72B USD. Revenue FY2024 4.94B USD. Revenue FY2025 4.99B USD. Operating income FY2021 1.28B USD. Operating income FY2022 1.16B USD. Operating income FY2023 1.13B USD. Operating income FY2024 1.01B USD. Operating income FY2025 1.28B USD. Net income FY2021 999M USD. Net income FY2022 900M USD. Net income FY2023 897M USD. Net income FY2024 775M USD. Net income FY2025 983M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue4.99B USD4.94B USD4.72B USD3.41B USD3.15B USD
Cost of goods sold1.63B USD1.99B USD1.82B USD386M USD−146M USD
Gross profit3.36B USD2.95B USD2.9B USD3.03B USD3.3B USD
Selling, general, and administrative1.48B USD1.3B USD1.34B USD1.24B USD1.34B USD
Operating expenses2.08B USD1.94B USD1.77B USD1.87B USD2.02B USD
Interest income4.19B USD4.35B USD4.1B USD2.68B USD2.16B USD
Interest expense1.56B USD1.84B USD1.56B USD291M USD164M USD
Depreciation and amortization56M USD101M USD102M USD85M USD45M USD
Operating income1.28B USD1.01B USD1.13B USD1.16B USD1.28B USD
Net income983M USD775M USD897M USD900M USD999M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
1.88
FY2025 · +38.24% year over year
Latest fiscal-year revenue
4.99B USD
FY2025 · +0.97% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend1.931.721.521.31FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend5.17B4.44B3.7B2.97BFY21FY22FY23FY24FY25

FHN peers

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