First Horizon: Solid Q3 Results Leave Shares With More Upside Potential [Seeking Alpha]
First Horizon Corporation (FHN)
Last first horizon corporation earnings: 4/21 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
ir.fhnc.com
Company Research
Source: Seeking Alpha
Play 9min Summary First Horizon shares gained 66% over the past year, driven by strong recovery post-2023 banking crisis and solid financial performance. Q3 earnings beat expectations at$0.42 per share, driven by a 6% revenue increase and strong non-interest income growth. Despite margin compression, deposit repricing is expected to stabilize NIM by Q1 2025, supporting future earnings growth. With a robust capital position and ongoing share buybacks, FHN offers an attractive valuation at 11x earnings, with potential upside over 10%. Nirian/E+ via Getty Images Shares of First Horizon ( NYSE: FHN ) have been a strong performer over the past year, gaining over 66% as the company has recovered strongly from the early 2023 regional banking crisis. I last covered First Horizon in December of last year, rating shares a “buy,” given its solid capital position. Since then, the stock has returned a solid 33%, outpacing the market's 27% gain. With new financials, now is a good t
Show less
Read more
Impact Snapshot
Event Time:
FHN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FHN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FHN alerts
High impacting First Horizon Corporation news events
Weekly update
A roundup of the hottest topics
FHN
News
- First Horizon Foundation Announces $200,0000 Commitment to Hurricane Relief in Florida [Yahoo! Finance]Yahoo! Finance
- First Horizon Foundation Announces $200,0000 Commitment to Hurricane Relief in FloridaPR Newswire
- First Horizon Corporation to Participate at the Goldman Sachs Financial Services Conference 2024 [Yahoo! Finance]Yahoo! Finance
- First Horizon Corporation to Participate at the Goldman Sachs Financial Services Conference 2024PR Newswire
- First Horizon Co. (NYSE: FHN) had its price target raised by analysts at Raymond James from $19.00 to $22.00. They now have an "outperform" rating on the stock.MarketBeat
FHN
Earnings
- 10/16/24 - Beat
FHN
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form 144
- 11/8/24 - Form 4
- FHN's page on the SEC website