First Horizon Corporation (FHN) - Stock Analysis
Last updated: Mar 8, 2026
Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
First Horizon offers a favorable short-term investment case supported by Q3 2025 earnings growth, robust loan expansion, a $1.2B share repurchase authorized recently, positive industry momentum, and controlled technical price appreciation above key moving averages.
Loading chart data...
AI Analyst Overview
Loading chart data...
Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠High ROE/margins ⢠Low asset turnover ⢠Strong liquidity/FCF FHN delivers strong ROE and margins with solid free cash flow and a conservative valuation, but its very low asset turnover and depositâheavy balance sheet keep ROA and operational leverage constrained.
Price Behavior
Key Price Behavior Insights: ⢠Downward momentum ⢠Below last-month SMA ⢠Support testing Support Level: $22.81â$22.68 Resistance Level: $24.60; $26.23 FHN is showing short-term weaknessâclosing at $22.81 (~13% below the Feb high) and about 7.3% under its last-month average near $24.60, signaling downtrend risk unless it reclaims $24.60 (sustained) or breaks above $26.23.
Sentiment & News
Key News Insights: ⢠Investor outreach ⢠7% revenue ⢠Security hire First Horizon's active investor outreach, 7% revenue growth, new CISO hire and communications recognition amid modest institutional trades signal positive momentum but raise questions about sustainability tied to loan/deposit and rate dynamics.
AI Summary
First Horizon has moved from a recovery/resilience story to an earnings- and capital-returnâfocused bank where upside hinges on sustaining NIM gains and stabilizing deposits (enabling buybacks to drive EPS/book value), while continued deposit outflows or margin reversals would quickly erode that re-rating.
Description
First Horizon Corporation is the bank holding company for First Horizon Bank, providing commercial and consumer banking, underwriting, advisory and capital markets services through three reportable segments: Regional Banking, Specialty Banking and Corporate. Its product set includes lending and mortgage services, trust and fiduciary functions, equipment finance, payment and correspondent processing, brokerage and investment products, and retail insurance and credit card offerings. The company maintains a network of about 500 First Horizon Bank offices across 22 states and roughly 400 FHN Financial centers in 12 states; it is headquartered in Memphis, Tennessee and was founded in 1864.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| Jan 9 | Jan 16 | FHN | First Horizon Corporation | First Horizon offers a favorable short-term investment case supported by Q3 2025 earnings growth, robust loan expansion, a $1.2B share repurchase authorized recently, positive industry momentum, and controlled technical price appreciation above key moving averages. | Closed | -1.4% |