The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

FHN

Concerning the House

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.

United States · www.firsthorizon.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$3.19B+8.6%
Net income$982.00M+25.7%
Cash from ops$628.00M-12.7%
Quotation

$26.02

+0.14 (+0.5%)

52w hi$26.17
52w lo$19.53
Vol4.59M
As ofAug 13
The Verdict

Hold

Our score +0.29

Short+0.12
Medium+0.36
Long+0.50

computed 2026-08-13

By the Numbers

First Horizon Corporation

Financial Services · Banks - Regional

Market cap$12.33B
Enterprise value$13.46B
Trailing P/E12.51x
Forward P/E11.29x
EV / EBITDA
P / S (ttm)3.52x
Profit margin30.2%
Return on equity11.5%
Revenue growth+9.0%
Earnings growth+20.0%
Debt / equity
Risk Metrics
Beta vs SPX1.13
Corr SPX0.59
Annual vol31.0%
Annual ret+32.5%
Sharpe1.05
Max DD-27.7%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.34
Sector+0.09
Technical+0.15
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$26.00$26.11$25.80$26.024.59M
Aug 12$25.53$25.95$25.38$25.884.54M
Aug 11$25.22$25.47$25.22$25.4311.22M
Aug 10$25.32$25.51$25.16$25.234.22M
Aug 7$25.75$25.75$25.16$25.467.67M