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First Horizon Corp. (FHN-PF) Stock Fundamental Analysis & AI Rating 2026

FHN-PF NYSE National Commercial Banks TN CIK: 0000036966
Updated This Month • Analysis: Mar 24, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
72% Confidence
STRONG AGREEMENT
BUY
72% Conf
BUY
73% Conf

📊 FHN-PF Key Takeaways

Revenue: $3.4B
Net Margin: 28.7%
Free Cash Flow: $595.0M
Current Ratio: N/A
Debt/Equity: 0.36x
EPS: $1.87
AI Rating: BUY with 72% confidence
First Horizon Corp. (FHN-PF) receives a BUY rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.4B, net profit margin of 28.7%, and return on equity (ROE) of 11.1%, First Horizon Corp. demonstrates strong fundamentals in the Finance sector. Below is our complete FHN-PF stock analysis for 2026.

Is First Horizon Corp. (FHN-PF) a Good Investment?

Claude

First Horizon demonstrates solid fundamental strength with robust revenue growth of 30.4% YoY, healthy profitability margins (28.7% net margin), and strong free cash flow generation of $595M. The company maintains conservative leverage (0.36x debt-to-equity) and generates operational cash flow significantly exceeding capital needs, though net income growth of only 2.7% suggests margin compression despite top-line expansion.

ChatGPT

First Horizon shows strong core profitability with a 37.4% operating margin, 28.7% net margin, and solid returns on equity and assets for a commercial bank. Revenue growth of 30.4% materially outpaced net income growth of 2.7%, which suggests earnings quality should be monitored, but positive free cash flow, manageable reported long-term debt, and a well-capitalized equity base support a constructive fundamental view.

Why Buy First Horizon Corp. Stock? FHN-PF Key Strengths

Claude
  • + Strong revenue growth of 30.4% YoY indicating robust business expansion in banking sector
  • + Healthy profitability metrics with 28.7% net margin and 37.4% operating margin
  • + Excellent free cash flow generation at $595M with 17.4% FCF margin, supporting potential capital returns
  • + Conservative balance sheet with 0.36x debt-to-equity ratio and $1.6B cash position
  • + Strong absolute earnings of $982M with positive EPS growth of 37.5% YoY
ChatGPT
  • + Strong profitability profile with 37.4% operating margin and 28.7% net margin
  • + Healthy balance sheet structure with $8.85B in equity and moderate reported long-term debt of $3.23B
  • + Positive operating cash flow and free cash flow generation, indicating good internal funding capacity

FHN-PF Stock Risks: First Horizon Corp. Investment Risks

Claude
  • ! Significant slowdown in net income growth (2.7% YoY) despite 30.4% revenue growth indicates margin compression and rising cost pressures
  • ! Low return on assets (1.2%) and moderate ROE (11.1%) suggest sub-optimal capital efficiency for a commercial bank
  • ! Weak interest coverage ratio of 2.9x limits financial flexibility for additional leverage or economic downturns
  • ! High insider activity (18 Form 4 filings in 90 days) may signal uncertainty among management regarding valuation or strategy
  • ! Asset-heavy balance sheet ($83.9B in assets) with limited liquidity ratios available suggests potential interest rate sensitivity
ChatGPT
  • ! Net income growth lagged far behind revenue growth, which may indicate margin pressure or less efficient growth
  • ! Interest coverage of 2.9x is adequate but not especially strong if funding costs remain elevated
  • ! As a commercial bank, results remain sensitive to credit quality deterioration and deposit or funding pressures

Key Metrics to Watch

Claude
  • * Net income growth trajectory relative to revenue growth to assess margin stability and cost management
  • * Return on equity and return on assets improvements indicating capital deployment effectiveness
  • * Free cash flow sustainability and dividend/buyback allocation decisions
  • * Interest coverage ratio trend amid potential interest rate volatility
  • * Net interest margin (NIM) compression/expansion in the current rate environment
ChatGPT
  • * Net interest margin and provision for credit losses
  • * Deposit trends, capital ratios, and interest coverage

First Horizon Corp. (FHN-PF) Financial Metrics & Key Ratios

Revenue
$3.4B
Net Income
$982.0M
EPS (Diluted)
$1.87
Free Cash Flow
$595.0M
Total Assets
$83.9B
Cash Position
$1.6B

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

FHN-PF Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 37.4%
Net Margin 28.7%
ROE 11.1%
ROA 1.2%
FCF Margin 17.4%

FHN-PF vs Finance Sector: How First Horizon Corp. Compares

How First Horizon Corp. compares to Finance sector averages

Net Margin
FHN-PF 28.7%
vs
Sector Avg 25.0%
FHN-PF Sector
ROE
FHN-PF 11.1%
vs
Sector Avg 12.0%
FHN-PF Sector
Current Ratio
FHN-PF 0.0x
vs
Sector Avg 1.2x
FHN-PF Sector
Debt/Equity
FHN-PF 0.4x
vs
Sector Avg 2.0x
FHN-PF Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is First Horizon Corp. Stock Overvalued? FHN-PF Valuation Analysis 2026

Based on fundamental analysis, First Horizon Corp. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
11.1%
Sector avg: 12%
Net Profit Margin
28.7%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.36x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

First Horizon Corp. Balance Sheet: FHN-PF Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.36x
Debt/Assets
89.1%
Interest Coverage
2.86x
Long-term Debt
$3.2B

FHN-PF Revenue & Earnings Growth: 5-Year Financial Trend

FHN-PF 5-year financial data: Year 2017: Revenue $1.3B, Net Income N/A, EPS N/A. Year 2018: Revenue $1.9B, Net Income N/A, EPS N/A. Year 2019: Revenue $1.9B, Net Income N/A, EPS N/A. Year 2024: Revenue $3.5B, Net Income $900.0M, EPS $1.53. Year 2025: Revenue $3.5B, Net Income $897.0M, EPS $1.54.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: First Horizon Corp.'s revenue has grown significantly by 160% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.54 reflects profitable operations.

FHN-PF Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
17.4%
Free cash flow / Revenue

FHN-PF Quarterly Earnings & Performance

Quarterly financial performance data for First Horizon Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q2 2024 $9.0M $199.0M $0.34

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

First Horizon Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$628.0M
Cash generated from operations
Stock Buybacks
$918.0M
Shares repurchased (TTM)
Capital Expenditures
$33.0M
Investment in assets
Dividends Paid
$314.0M
Returned to shareholders

FHN-PF SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for First Horizon Corp. (CIK: 0000036966)

📋 Recent SEC Filings

Date Form Document Action
Apr 15, 2026 8-K fhn-20260415.htm View →
Mar 16, 2026 DEF 14A fhn-20260316.htm View →
Mar 12, 2026 8-K c115798_8k-ixbrl.htm View →
Mar 3, 2026 4 xslF345X05/form4.xml View →
Mar 3, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about FHN-PF

What is the AI rating for FHN-PF?

First Horizon Corp. (FHN-PF) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are FHN-PF's key strengths?

Claude: Strong revenue growth of 30.4% YoY indicating robust business expansion in banking sector. Healthy profitability metrics with 28.7% net margin and 37.4% operating margin. ChatGPT: Strong profitability profile with 37.4% operating margin and 28.7% net margin. Healthy balance sheet structure with $8.85B in equity and moderate reported long-term debt of $3.23B.

What are the risks of investing in FHN-PF?

Claude: Significant slowdown in net income growth (2.7% YoY) despite 30.4% revenue growth indicates margin compression and rising cost pressures. Low return on assets (1.2%) and moderate ROE (11.1%) suggest sub-optimal capital efficiency for a commercial bank. ChatGPT: Net income growth lagged far behind revenue growth, which may indicate margin pressure or less efficient growth. Interest coverage of 2.9x is adequate but not especially strong if funding costs remain elevated.

What is FHN-PF's revenue and growth?

First Horizon Corp. reported revenue of $3.4B.

Does FHN-PF pay dividends?

First Horizon Corp. pays dividends, with $314.0M distributed to shareholders in the trailing twelve months.

Where can I find FHN-PF SEC filings?

Official SEC filings for First Horizon Corp. (CIK: 0000036966) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is FHN-PF's EPS?

First Horizon Corp. has a diluted EPS of $1.87.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is FHN-PF a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, First Horizon Corp. has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is FHN-PF stock overvalued or undervalued?

Valuation metrics for FHN-PF: ROE of 11.1% (sector avg: 12%), net margin of 28.7% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy FHN-PF stock in 2026?

Our dual AI analysis gives First Horizon Corp. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is FHN-PF's free cash flow?

First Horizon Corp.'s operating cash flow is $628.0M, with capital expenditures of $33.0M. FCF margin is 17.4%.

How does FHN-PF compare to other Finance stocks?

Vs Finance sector averages: Net margin 28.7% (avg: 25%), ROE 11.1% (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 24, 2026 | Data as of: 2025-12-31 | Powered by Claude AI