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Friday 6 November 2026 Export FHN’s income statement to Excel — free account

First Horizon Corporation

FHN Financial Banks Regional

First Horizon Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.0 billion, down 0.95% from fiscal 2024.

Revenue
−39.6%
EPS
−140.0%
Free cash flow
+664.9%
Total debt
−0.68%

Quarter to September 2026, against a year earlier

23.19 0.55 −2.32%
Market cap
$11.0B
P/E
16.4×
Fwd P/E
16.5×
Dividend yield
2.85%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
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First Horizon Corporation (FHN) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, First Horizon Corporation (FHN) trades at a P/B ratio of 1.3×. Over the past ten years it has ranged from 0.4× (March 2020) to 1.9× (March 2017); the current reading is higher than 59% of that period. That is above the Banks Regional industry median of 1.2× and in line with the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.4× 9.58%
FY2024 1.3× 38.68%
FY2023 0.9× (47.99%)
FY2022 1.7× 55.27%
FY2021 1.1× 59.03%
FY2020 0.7× (32.53%)
FY2019 1.0× 14.58%
FY2018 0.9× (15.71%)
FY2017 1.1× (39.45%)
FY2016 1.8× 33.43%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.3× (6.79%)
Jun 2026 1.4× 10.65%
Mar 2026 1.3× (8.73%)
Dec 2025 1.4× 6.99%
43 more quarters

Against its own ten years

Low 0.4× High 1.9×
Ten-year median 1.2×
Current reading's percentile 63

P/B ratio against peers

Company P/B ratio
SSB SouthState Bank Corporation compare 1.1×
ONB Old National Bancorp compare 1.2×
ZION Zions Bancorporation, N.A. compare 1.2×
FHN First Horizon Corporation 1.3×
UMBF UMB Financial Corporation compare 1.4×
WTFC Wintrust Financial Corporation compare 1.5×
BPOP Popular, Inc. compare 1.6×
CIB Grupo Cibest S.A. - Sponsored ADR compare 1.9×
CFR Cullen/Frost Bankers, Inc. compare 2.5×
Banks Regional industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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