First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee... Show more
First Horizon Corporation (FHN) is a regional banking holding company headquartered in Memphis, Tennessee, providing a range of financial services including retail and commercial banking, mortgage origination, and wealth management. Its core business model revolves around net interest income from loans and deposits, supplemented by fee-based services like mortgage warehouse lending.
Operating primarily in the Southeast U.S., FHN holds a competitive position among regional banks with approximately $83 billion in assets, diversified loan portfolios, and a focus on high-growth markets. Its limited CRE exposure relative to peers has bolstered fundamentals, helping explain recent stock resilience despite sector headwinds like deposit competition and rate sensitivity. Strong credit quality and deposit stability underpin its ability to navigate macroeconomic shifts in interest rates and lending demand.
Over the last 30 days, FHN stock climbed +5.6%, from a closing price of around $22.82 to $24.10. The movement was volatile but trend-driven, with a recovery from mid-March lows around $22 amid broader market rallies in financials, showing steady gains in early April.
For the past quarter, the stock experienced a modest -0.7% decline, from approximately $24.28 to $24.10. It traded range-bound with dips in late March tied to sector pressures, offset by rebounds on positive bank sector sentiment. Volume spiked during downturns, indicating active trading, while the 52-week range of $15.86-$26.56 highlights longer-term upside potential.
The 30-day uptick was fueled by anticipation ahead of Q1 2026 earnings on April 15, where analysts expect EPS of $0.49 and revenue around $870 million, building on prior beats. Regional bank sector recovery, supported by stabilizing interest rates and reduced deposit pricing pressures, lifted sentiment.
Analyst updates provided mixed but supportive signals: Barclays and RBC maintained buy ratings despite modest target cuts to $29 and higher, while UBS downgraded to neutral. FHN's strong deposit retention and loan pipeline growth countered CRE concerns prevalent in the sector. Broader market rallies in financials, with FHN outperforming on elevated volume, connected directly to renewed confidence in NII expansion.
The quarter's flat performance reflected a balance between positive Q4 2025 earnings momentum and macroeconomic headwinds. FHN's Q4 results showed NII up 7.3% year-over-year to $676 million, beating estimates, with net interest margin at 3.5%, driving initial gains.
Sustained narratives included 2026 guidance for 3-7% revenue growth via loan expansion and expense discipline. Industry developments like Fed rate cuts (75 bps in 2025) aided margin potential, though competition for deposits and mild CRE worries capped upside. Institutional interest remained steady, with FHN's low beta (0.63) limiting volatility compared to peers. Cumulative impacts favored stability over sharp moves.
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Investors should monitor Q1 2026 earnings on April 15 for updates on NII trends, loan growth, and deposit costs amid shifting rates. Industry trends like regional bank M&A activity and CRE resolution will influence sentiment.
The macro environment, including potential further Fed rate adjustments and inflation data, could impact margins. Strategic developments such as capital deployment (dividends, buybacks) and expense control are key. Risks include deposit outflows or credit deterioration, while catalysts like positive guidance or analyst upgrades could drive upside.
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FHN moved above its 50-day moving average on June 04, 2026 date and that indicates a change from a downward trend to an upward trend. In of 33 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on May 26, 2026. You may want to consider a long position or call options on FHN as a result. In of 81 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FHN just turned positive on June 08, 2026. Looking at past instances where FHN's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FHN advanced for three days, in of 320 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 304 cases where FHN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
FHN broke above its upper Bollinger Band on June 12, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.416) is normal, around the industry mean (1.315). P/E Ratio (12.633) is within average values for comparable stocks, (17.780). FHN's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.854). Dividend Yield (0.025) settles around the average of (0.031) among similar stocks. P/S Ratio (3.744) is also within normal values, averaging (3.793).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FHN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 61, placing this stock slightly worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a regional bank
Industry RegionalBanks