First Horizon Corp., with $84 billion in assets, is a leading regional financial services company, dedicated to strengthening the lives of its associates, clients, shareholders, and communities. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates nearly 500 bank locations in 12 states across the Southeast. With more than 288 years of combined First Horizon Bank and IBERIABANK financial experience, the Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, mortgage, and title insurance services. First Horizon is recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. bank.

Company profile
Ticker
FHN, FHN-PD, FHN-PB, FHN-PC, FHN-PF, FHN-PE, FHN+F
Exchange
Website
CEO
David Jordan
Employees
Incorporated
Location
Fiscal year end
Sector
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
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2022 FY
Annual report to shareholders
13 Mar 23
DEFA14A
Additional proxy soliciting materials
13 Mar 23
DEFA14A
Additional proxy soliciting materials
13 Mar 23
DEF 14A
Definitive proxy
13 Mar 23
10-K
2022 FY
Annual report
1 Mar 23
8-K
Both banks are fully committed to the transaction, which will benefit their customers, local communities, and other stakeholders
10 Feb 23
8-K
Amendments to Articles of Incorporation or Bylaws
25 Jan 23
8-K
First Horizon Corporation Reports Fourth Quarter 2022 Net Income Available to Common Shareholders of
18 Jan 23
10-Q
2022 Q3
Quarterly report
7 Nov 22
8-K
Departure of Directors or Certain Officers
27 Oct 22
Transcripts
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
FHN
Earnings call transcript
2021 Q1
21 Apr 21
FHN
Earnings call transcript
2020 Q4
22 Jan 21
FHN
Earnings call transcript
2020 Q3
23 Oct 20
FHN
Earnings call transcript
2020 Q2
17 Jul 20
FHN
Earnings call transcript
2020 Q1
21 Apr 20
FHN
Earnings call transcript
2019 Q4
17 Jan 20
FHN
Earnings call transcript
2019 Q3
17 Oct 19
Latest ownership filings
4
Jeff L. Fleming
3 Mar 23
4
D BRYAN JORDAN
3 Mar 23
4
Tammy LoCascio
3 Mar 23
4
DAVID T POPWELL
3 Mar 23
4
Susan L Springfield
3 Mar 23
4
D BRYAN JORDAN
28 Feb 23
4
D BRYAN JORDAN
27 Feb 23
13F-NT
Notice of holdings reported by another manager
10 Feb 23
SC 13G/A
BlackRock Inc.
10 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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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 |
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) | 1.54 bn | 1.54 bn | 1.54 bn | 1.54 bn | 1.54 bn | 1.54 bn |
Cash burn (monthly) | 113.33 mm | 20.42 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 320.76 mm | 57.78 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.22 bn | 1.49 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.8 | 72.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
80.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 598 |
Opened positions | 113 |
Closed positions | 68 |
Increased positions | 188 |
Reduced positions | 198 |
13F shares | Current |
---|---|
Total value | 10.30 tn |
Total shares | 434.08 mm |
Total puts | 3.23 mm |
Total calls | 2.00 mm |
Total put/call ratio | 1.6 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 75.69 mm | $1.85 tn |
Vanguard | 53.99 mm | $1.32 tn |
STT State Street | 20.19 mm | $497.97 bn |
BCS Barclays | 15.67 mm | $382.53 bn |
Franklin Mutual Advisers | 12.08 mm | $154.14 mm |
BEN Franklin Resources | 11.77 mm | $288.45 bn |
Charles Schwab Investment Management | 11.53 mm | $282.37 bn |
Dimensional Fund Advisors | 11.03 mm | $269.16 bn |
RY Royal Bank Of Canada | 8.79 mm | $215.41 bn |
Soros Fund Management | 8.54 mm | $209.13 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Mar 23 | Susan L Springfield | Common Stock | Payment of exercise | Dispose F | No | No | 21.84 | 2,946 | 64.34 k | 286,074 |
2 Mar 23 | David T Popwell | Common Stock | Payment of exercise | Dispose F | No | No | 21.84 | 5,051 | 110.31 k | 544,776 |
2 Mar 23 | Tammy LoCascio | Common Stock | Payment of exercise | Dispose F | No | No | 21.84 | 1,787 | 39.03 k | 188,615 |
2 Mar 23 | D Bryan Jordan | Common Stock | Payment of exercise | Dispose F | No | No | 21.84 | 12,375 | 270.27 k | 1,427,976 |
2 Mar 23 | Jeff L. Fleming | Common Stock | Payment of exercise | Dispose F | No | No | 21.84 | 1,114 | 24.33 k | 110,359 |
News
Benzinga's Top Ratings Upgrades, Downgrades For March 24, 2023
24 Mar 23
Wells Fargo Upgrades First Horizon to Overweight, Announces $25 Price Target
24 Mar 23
10 Financials Stocks Whale Activity In Today's Session
23 Mar 23
10 Financials Stocks Whale Activity In Today's Session
22 Mar 23
Why Bank Shares Are Trading Lower? Here Are Other Stocks Moving In Monday's Mid-Day Session
13 Mar 23
Press releases
Dr. Anthony C. Hood recognized in Savoy Magazine's 2023 Most Influential Executives in Diversity & Inclusion
10 Mar 23
Mindgruve Unveils New Website for First Horizon Bank
21 Feb 23
TD and First Horizon Extend Outside Date of Proposed Transaction to May 27, 2023
9 Feb 23
Mindgruve Awarded Highest Honor at the 2023 AVA Digital Awards
7 Feb 23
FIRST HORIZON RECOGNIZED BY 2023 BLOOMBERG GENDER-EQUALITY INDEX FOR INVESTMENT IN WOMEN
2 Feb 23