First Horizon Corporation's stock price currently stands at $24.8, reflecting an increase of 18 cents (0.731%) from the previous close of $24.62. The trading volume is $496,757, which is 7.83% above the average.
In the latest quarterly earnings report on Tuesday, April 14th, the consensus estimate EPS for First Horizon Corporation was 0.49.
First Horizon Corporation offers a forward dividend yield of 2.74%. The dividend per share over the most recent quarter was 17 cents, with a trailing twelve months dividend per share of 62 cents.
The company reported a free cash flow of $731 million and operating cash flow of $738 million. Notably, there was a significant debt repayment of $1 billion.
First Horizon Corporation generated revenue of $862 million with a gross profit of the same amount. Operating income was $357 million, resulting in a net income of $263 million. Earnings per share (EPS) and diluted EPS were 54 cents and 53 cents, respectively.
Key ratios include a net profit margin of 30.51%, return on equity of 2.87%, and a price-to-earnings ratio of 10.38.
The balance sheet shows total assets of $84.13 billion, total liabilities of $74.67 billion, and net debt of $11.27 billion.
This comprehensive financial snapshot provides insights into First Horizon Corporation's current performance and financial health.
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also underwrites bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers various services, such as mortgage banking; title insurance and loan-closing; brokerage; correspondent banking; nationwide check clearing and remittance processing; trust, fiduciary, and agency; equipment finance; and investment and financial advisory services. Further, the company sells mutual fund and retail insurance products; and credit cards. It operates approximately 500 banking offices in 22 states under the First Horizon Bank brand; and 400 banking centers in 12 states under the FHN Financial brand in the United States. The company was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in November 2020. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.