First Horizon Corporation

FHN

US3205171057

Banks

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
14.81 ^USD	+0.07%		+1.23%	+4.59%

Apr. 23	First Horizon Keeps Quarterly Dividend at $0.15 a Share, Payable July 1 to Holders of Record June 14	MT
Apr. 23	First Horizon Corporation Declares Cash Dividends on Common Stock, Payable on July 1, 2024	CI

First Horizon Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

January 18, 2024 at 06:49 am EST

First Horizon Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 617 million compared to USD 708 million a year ago. Net income was USD 183 million compared to USD 266 million a year ago. Basic earnings per share from continuing operations was USD 0.31 compared to USD 0.48 a year ago. Diluted earnings per share from continuing operations was USD 0.31 compared to USD 0.45 a year ago.
For the full year, net income was USD 897 million compared to USD 900 million a year ago. Basic earnings per share from continuing operations was USD 1.58 compared to USD 1.62 a year ago. Diluted earnings per share from continuing operations was USD 1.54 compared to USD 1.53 a year ago.

Latest news about First Horizon Corporation

First Horizon Keeps Quarterly Dividend at $0.15 a Share, Payable July 1 to Holders of Record June 14	Apr. 23	MT
First Horizon Corporation Declares Cash Dividends on Common Stock, Payable on July 1, 2024	Apr. 23	CI
TD Bank CEO Asks Shareholders For Patience As U.S. Regulatory Probe Stretches Into Second Year	Apr. 18	MT
Baird Adjusts First Horizon's Price Target to $16 From $15, Keeps Neutral Rating	Apr. 18	MT
TD Investors Meet As Probe and CEO Succession Fuel Frustration	Apr. 18	MT
US Equity Markets Close Down Wednesday as Earning Season Takes Momentum	Apr. 17	MT
Top Stories at Midday: U.S. Bancorp, Abbott, Citizens Financial, First Horizon, Prologis, ASML, Travelers Report Earnings; Tesla Asks Shareholders Vote on Musk's Compensation; Eli Lilly Sleep Apnea Drug Trials Hit Primary Endpoints	Apr. 17	MT
Transcript : First Horizon Corporation, Q1 2024 Earnings Call, Apr 17, 2024	Apr. 17
First Horizon's Q1 Adjusted Earnings, Revenue Decline	Apr. 17	MT
North American Morning Briefing : Stock Futures -2-	Apr. 17	DJ
Tranche Update on First Horizon Corporation's Equity Buyback Plan announced on January 23, 2024.	Apr. 17	CI
First Horizon Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 17	CI
First Horizon Corporation Reports Unaudited Net Charge-Offs Results for the First Quarter of 2024	Apr. 17	CI
First Horizon Names Thomas Hung as Chief Credit Officer	Apr. 15	MT
First Horizon Corporation Announces Executive Changes	Apr. 15	CI
First Horizon Corporation Announces Appointment of Martin De Laureal as Head of Private Banking	Apr. 14	CI
RBC Upgrades First Horizon to Outperform From Sector Perform, Raises Price Target to $18 From $16	Apr. 09	MT
Keefe, Bruyette & Woods Upgrades First Horizon to Outperform From Market Perform, Raises Price Target to $18 From $16	Apr. 05	MT
JPMorgan Adjusts Price Target on First Horizon to $17.50 From $16, Maintains Neutral Rating	Apr. 04	MT
First Horizon to Redeem Certain Preferred Stock, Corresponding Depositary Shares	Apr. 01	MT
Evercore ISI Adjusts Price Target on First Horizon to $17.50 From $17, Maintains Outperform Rating	Mar. 28	MT
TD CEO Masrani's 2023 pay was lower over US regulatory issues, First Horizon deal	Mar. 12	RE
Transcript : First Horizon Corporation Presents at 2024 RBC Capital Markets Financial Institutions Conference, Mar-06-2024 08:40 AM	Mar. 06
Transcript : First Horizon Corporation Presents at 45th Annual Raymond James Institutional Investors Conference 2024, Mar-04-2024 08:40 AM	Mar. 04
First Horizon Corporation Appoints Ashley Argo as Deputy Chief Risk Officer	Feb. 29	CI

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Company Profile

First Horizon Corporation is a bank holding company, which provides diversified financial services primarily through its principal subsidiary, First Horizon Bank (the Bank). The Company operates through three segments: Regional Banking, Specialty Banking, and Corporate. The principal lines of business in the regional banking segment include commercial banking, business banking, consumer banking, private client, and wealth management. This segment also provides investment, wealth management, financial planning, trust and asset management services for consumer clients. The principal lines of business in the specialty banking segment include fixed income/capital markets, professional commercial real estate, mortgage warehouse lending, asset-based (secured) lending, franchise finance, equipment finance, energy finance, healthcare finance, and tax credit finance. This segment also delivers treasury management solutions, loan syndications, and international banking.

Sector

Banks

Calendar

2024-07-15 - Q2 2024 Earnings Release (Projected)

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Ratings for First Horizon Corporation

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

14.81 USD

Average target price

17.3 USD

Spread / Average Target

+16.81%

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