First Horizon Corporation
First Horizon Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.0 billion, down 0.95% from fiscal 2024. In the quarter to September 2026, revenue fell 39.6%, EPS fell 133.3%, free cash flow grew 664.9% and total debt was flat, each against the same quarter a year earlier. Dividend growth for ten consecutive years.
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First Horizon Corporation (FHN) P/E ratio
As of 16 October 2026, First Horizon Corporation (FHN) trades at a P/E ratio of 15.9×. Over the past ten years it has ranged from 4.9× (March 2020) to 57.9× (July 2015); the current reading is higher than 73% of that period. That is above the Banks Regional industry median of 12.0× and above the Financial sector median of 12.4×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 12.6× | (13.98%) |
| FY2024 | 14.7× | 60.74% |
| FY2023 | 9.1× | (39.43%) |
| FY2022 | 15.1× | 63.65% |
| FY2021 | 9.2× | 14.24% |
| FY2020 | 8.1× | (32.21%) |
| FY2019 | 11.9× | 50.28% |
| FY2018 | 7.9× | (71.94%) |
| FY2017 | 28.3× | 32.79% |
| FY2016 | 21.3× | (44.32%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Sep 2026 | 15.9× | 31.25% |
| Jun 2026 | 12.2× | 7.85% |
| Mar 2026 | 11.3× | (10.90%) |
| Dec 2025 | 12.6× | (6.60%) |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| ZION Zions Bancorporation, N.A. compare | 8.1× |
| SSB SouthState Bank Corporation compare | 10.7× |
| BPOP Popular, Inc. compare | 10.7× |
| UMBF UMB Financial Corporation compare | 10.9× |
| ONB Old National Bancorp compare | 11.1× |
| WTFC Wintrust Financial Corporation compare | 11.4× |
| CFR Cullen/Frost Bankers, Inc. compare | 14.7× |
| FHN First Horizon Corporation | 15.9× |
| CIB Grupo Cibest S.A. - Sponsored ADR compare | 19.1× |
| Banks Regional industry median | 12.0× |
| Financial sector median | 12.4× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)