About First Horizon National (NYSE:FHN)
First Horizon National Corporation operates as the bank holding company for First Tennessee Bank National Association that provides various financial services. It operates through four segments: Regional Banking, Fixed Income, Corporate, and Non-Strategic. The company offers general banking services for consumers, businesses, financial institutions, and governments. It also provides investment, financial planning, trust, asset management, and cash management services. In addition, the company is involved in fixed income securities sales, trading, and strategies for institutional clients; underwriting of bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; loan sales; derivative sales; and provision of advisory services. Further, it offers discount and full-service brokerage services; correspondent banking services; transaction processing services comprising nationwide check clearing and remittance processing; trust, fiduciary, and agency services; credit card products; equipment finance; and investment and financial advisory services. Additionally, the company engages in mutual fund and retail insurance sales, as well as provides mortgage banking services. As of February 27, 2018, it operated approximately 350 branches under the First Tennessee Bank and Capital Bank brands across the southeast United States. The company was founded in 1864 and is headquartered in Memphis, Tennessee.
Industry, Sector and Symbol
Industry National commercial banks
Trailing P/E Ratio17.22
Forward P/E Ratio13.00
Sales & Book Value
Annual Sales$1.48 billion
Price / Sales4.22
Cash Flow$1.0488 per share
Price / Cash18.22
Book Value$13.73 per share
Price / Book1.39
EPS (Most Recent Fiscal Year)$1.11
Net Income$165.51 million
Return on Equity9.37%
Return on Assets0.96%
First Horizon National (NYSE:FHN) Frequently Asked Questions
What is First Horizon National's stock symbol?
First Horizon National trades on the New York Stock Exchange (NYSE) under the ticker symbol "FHN."
How often does First Horizon National pay dividends? What is the dividend yield for First Horizon National?
First Horizon National announced a quarterly dividend on Tuesday, April 24th. Investors of record on Friday, June 8th will be paid a dividend of $0.12 per share on Monday, July 2nd. This represents a $0.48 annualized dividend and a yield of 2.51%. The ex-dividend date is Thursday, June 7th. View First Horizon National's Dividend History.
How will First Horizon National's stock buyback program work?
First Horizon National announced that its board has initiated a stock buyback plan on Wednesday, January 24th 2018, which authorizes the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.
How were First Horizon National's earnings last quarter?
First Horizon National Corp (NYSE:FHN) issued its earnings results on Friday, April, 13th. The financial services provider reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.04. The financial services provider earned $437.20 million during the quarter, compared to the consensus estimate of $438.60 million. First Horizon National had a return on equity of 9.37% and a net margin of 12.30%. The company's revenue was up 42.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.23 EPS. View First Horizon National's Earnings History.
When is First Horizon National's next earnings date?
What price target have analysts set for FHN?
13 equities research analysts have issued twelve-month price objectives for First Horizon National's shares. Their predictions range from $20.00 to $25.00. On average, they anticipate First Horizon National's stock price to reach $22.0909 in the next year. View Analyst Ratings for First Horizon National.
Are investors shorting First Horizon National?
First Horizon National saw a decline in short interest in the month of May. As of May 15th, there was short interest totalling 7,903,982 shares, a decline of 25.5% from the April 30th total of 10,603,894 shares. Based on an average daily volume of 2,727,151 shares, the days-to-cover ratio is currently 2.9 days. Approximately 2.5% of the company's stock are short sold.
Who are some of First Horizon National's key competitors?
Some companies that are related to First Horizon National include KeyCorp (KEY), Regions Financial (RF), Shinhan Financial Group (SHG), BANCO DO BRASIL/S (BDORY), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), PacWest Bancorp (PACW), BOK Financial (BOKF), Synovus Financial (SNV), CIT Group (CIT), Akbank T.A.S. (AKBTY), Webster Bank (WBS) and Sterling Bancorp (STL).
Who are First Horizon National's key executives?
First Horizon National's management team includes the folowing people:
- Mr. D. Bryan Jordan, Chairman, CEO & Pres (Age 56)
- Mr. William C. Losch III, Exec. VP & CFO (Age 47)
- Mr. Charles T. Tuggle Jr., Exec. VP & Gen. Counsel (Age 69)
- Mr. Michael Edward Kisber, Pres of FTN Financial (Age 58)
- Mr. David T. Popwell, Pres of First Tennessee Bank and Chief Operating Officer of First Tennessee Bank (Age 58)
Has First Horizon National been receiving favorable news coverage?
News stories about FHN stock have trended somewhat positive on Monday, according to Accern. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. First Horizon National earned a coverage optimism score of 0.03 on Accern's scale. They also gave news stories about the financial services provider an impact score of 46.10 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are First Horizon National's major shareholders?
First Horizon National's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.13%), Franklin Resources Inc. (4.94%), Lord Abbett & CO. LLC (2.77%), JPMorgan Chase & Co. (2.03%), Schroder Investment Management Group (1.64%) and Victory Capital Management Inc. (1.50%). Company insiders that own First Horizon National stock include D Bryan Jordan, David T Popwell, John M Daniel, Michael E Kisber, Peter N Foss, R Brad Martin, Vicki R Palmer, William C Losch III and Yousef A Valine. View Institutional Ownership Trends for First Horizon National.
Which major investors are selling First Horizon National stock?
FHN stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Dimensional Fund Advisors LP, Millennium Management LLC, Victory Capital Management Inc., JPMorgan Chase & Co., EJF Capital LLC, Point72 Asset Management L.P. and UBS Group AG. Company insiders that have sold First Horizon National company stock in the last year include John M Daniel, Michael E Kisber, Peter N Foss, R Brad Martin and William C Losch III. View Insider Buying and Selling for First Horizon National.
Which major investors are buying First Horizon National stock?
FHN stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Lord Abbett & CO. LLC, Carillon Tower Advisers Inc., OppenheimerFunds Inc., BlackRock Inc., Kiwi Wealth Investments Limited Partnership, Algebris UK Ltd and Prudential Financial Inc.. View Insider Buying and Selling for First Horizon National.
How do I buy shares of First Horizon National?
Shares of FHN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Horizon National's stock price today?
One share of FHN stock can currently be purchased for approximately $19.11.
How big of a company is First Horizon National?
First Horizon National has a market capitalization of $6.24 billion and generates $1.48 billion in revenue each year. The financial services provider earns $165.51 million in net income (profit) each year or $1.11 on an earnings per share basis. First Horizon National employs 5,984 workers across the globe.
How can I contact First Horizon National?
First Horizon National's mailing address is 165 MADISON AVENUE, MEMPHIS TN, 38103. The financial services provider can be reached via phone at 901-523-4444 or via email at [email protected]
MarketBeat Community Rating for First Horizon National (FHN)MarketBeat's community ratings are surveys of what our community members think about First Horizon National and other stocks. Vote "Outperform" if you believe FHN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FHN will underperform the S&P 500 over the long term. You may vote once every thirty days.