FHN Stock Recent News

First Horizon Corporation provides banking solutions to both commercial clients and consumers. The company's performance in 2023 experienced decent growth on a YoY basis, and the business has strong solvency and liquidity profiles. The commons are attractive as a dividend pick, but the Series F preferreds are the better value/dividend pick here.

First Horizon CFO Hope Dmuchowski says the bank in not considering acquisitions or being acquired as she discusses regulatory approval of bank deals and a slowdown in loan origination.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

First Horizon (FHN) is well-poised to gain from higher interest rates, robust loan and deposit balance and solid balance sheet position.

“Our strong capital provides for more optionality to capitalize on strategic growth opportunities while continuing to operate in the context of safety and soundness and return capital to our shareholders,” said Bryan Jordan, chairman, president and chief executive, on Tuesday.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

An increase in non-interest income supports First Horizon's (FHN) Q4 earnings. However, a fall in NII and a rise in expenses and provisions are headwinds.

First Horizon (FHN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for First Horizon (FHN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.