when we opened our doors in 1864 on north court street in memphis, we had a simple mission: to provide the best service to our customers, one opportunity at a time. in the 150 years that followed, our communities transformed and expanded. we’ve been blessed to see our business and banking in general grow and adapt to the changing needs of customers through the years. but one thing that will always remain constant is our commitment to financial integrity and to helping our customers take good care of their money.
![First Horizon logo](/files/LOGO/36966-FHN.png)
Company profile
Ticker
FHN, FHN+F
Exchange
Website
CEO
David Jordan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
FIRST HORIZON NATIONAL CORP, FIRST TENNESSEE NATIONAL CORP
SEC CIK
Corporate docs
Subsidiaries
CB Trustee, LLC • First Horizon Community Development Fund, LLC • First Horizon Ventures, Inc. • IBERIA Asset Management Inc. • IBERIA CDE, LLC • LIBERTY BANCORP DENNING, LLC • 840 Denning LLC • Martin & Company, Inc. • Acadiana Holdings, LLC • C1 Trustee, Inc. ...
IRS number
620803242
FHN stock data
Latest filings (excl ownership)
8-K
Amendments to Articles of Incorporation or Bylaws
24 Jul 24
8-K
First Horizon Corporation's Momentum Continues with Strong Second Quarter 2024 Results
17 Jul 24
10-Q
2024 Q1
Quarterly report
3 May 24
25-NSE
Exchange delisting
1 May 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Apr 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Apr 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Apr 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Apr 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Apr 24
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Apr 24
Transcripts
FHN
Earnings call transcript
2024 Q2
17 Jul 24
FHN
Earnings call transcript
2024 Q1
17 Apr 24
FHN
Earnings call transcript
2023 Q4
18 Jan 24
FHN
Earnings call transcript
2023 Q3
18 Oct 23
FHN
Earnings call transcript
2023 Q2
19 Jul 23
FHN
Earnings call transcript
2023 Q2
19 Jul 23
FHN
Earnings call transcript
2023 Q1
4 May 23
FHN
Earnings call transcript
2021 Q4
20 Jan 22
FHN
Earnings call transcript
2021 Q3
20 Oct 21
FHN
Earnings call transcript
2021 Q2
16 Jul 21
Latest ownership filings
13F-NT
Notice of holdings reported by another manager
19 Jul 24
11-K
Annual report of employee stock purchases
27 Jun 24
4
D BRYAN JORDAN
14 May 24
4
Jeff L. Fleming
14 May 24
4
ELIZABETH A ARDOIN
14 May 24
4
Susan L Springfield
14 May 24
4
TERRY LAWSON AKINS
14 May 24
4
Anthony J Restel
14 May 24
4
DAVID T POPWELL
14 May 24
4
Tammy LoCascio
14 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.57 bn | 1.57 bn | 1.57 bn | 1.57 bn | 1.57 bn | 1.57 bn |
Cash burn (monthly) | 55.00 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 212.66 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.35 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 24.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
81.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 518 |
Opened positions | 168 |
Closed positions | 65 |
Increased positions | 128 |
Reduced positions | 135 |
13F shares | Current |
---|---|
Total value | 6.28 tn |
Total shares | 445.02 mm |
Total puts | 706.40 k |
Total calls | 1.11 mm |
Total put/call ratio | 0.6 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 62.74 mm | $966.15 bn |
Vanguard | 57.57 mm | $886.64 bn |
BK Bank Of New York Mellon | 28.52 mm | $439.19 bn |
STT State Street | 23.28 mm | $362.49 bn |
TD Toronto Dominion Bank | 19.77 mm | $304.38 bn |
LSV Asset Management | 13.33 mm | $205.34 mm |
Franklin Mutual Advisers | 12.08 mm | $154.14 mm |
Dimensional Fund Advisors | 12.05 mm | $185.50 bn |
North Reef Capital Management | 10.45 mm | $160.93 bn |
Millennium Management | 9.81 mm | $151.11 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 May 24 | Tammy LoCascio | Common Stock | Payment of exercise | Dispose F | No | No | 15.79 | 20,487 | 323.49 k | 307,035 |
13 May 24 | Tammy LoCascio | Common Stock | Payment of exercise | Dispose F | No | No | 15.79 | 5,566 | 87.89 k | 327,522 |
13 May 24 | David T Popwell | Common Stock | Payment of exercise | Dispose F | No | No | 15.79 | 30,420 | 480.33 k | 620,900 |
13 May 24 | David T Popwell | Common Stock | Payment of exercise | Dispose F | No | No | 15.79 | 18,839 | 297.47 k | 651,320 |
13 May 24 | Anthony J Restel | Common Stock | Payment of exercise | Dispose F | No | No | 15.79 | 34,738 | 548.51 k | 586,678 |
13 May 24 | Akins Terry Lawson | Common Stock | Payment of exercise | Dispose F | No | No | 15.79 | 24,406 | 385.37 k | 184,985 |
13 May 24 | Susan L Springfield | Common Stock | Payment of exercise | Dispose F | No | No | 15.79 | 21,418 | 338.19 k | 340,175 |
13 May 24 | Susan L Springfield | Common Stock | Payment of exercise | Dispose F | No | No | 15.79 | 11,009 | 173.83 k | 361,593 |
News
Comerica Q2 Earnings Beat on High Loan Demand, Stock Falls
19 Jul 24
Raymond James Downgrades First Horizon to Outperform, Maintains Price Target to $18
18 Jul 24
RBC Capital Maintains Outperform on First Horizon, Raises Price Target to $19
18 Jul 24
First Horizon Q2 2024 Sales $815.000M Miss $822.032M Estimate
17 Jul 24
First Horizon Q2 2024 Adj EPS $0.36 Misses $0.37 Estimate
17 Jul 24
Press releases
First Horizon Recognized by TIME Magazine
25 Jul 24
First Horizon Declares Cash Dividends on Common and Preferred Stock
23 Jul 24
First Horizon Corporation's Momentum Continues with Strong Second Quarter 2024 Results; Net Income Available to Common Shareholders of $184 Million or EPS of $0.34; $195 Million or $0.36 on an Adjusted Basis, up $0.01 from prior quarter*
17 Jul 24
First Horizon Foundation Awards $1.6 Million to Grants for Good Recipients
18 Jun 24
First Horizon Bank has been named to the Financial Brand's Power 100 Banks Using Social Media
17 Jun 24