FHN First Horizon
First Horizon National Corporation is a bank holding company based in Memphis, Tennessee. Its banking subsidiary, First Horizon , is the largest bank in Tennessee and the fourth largest regional banking company in the Southeast. Founded in 1864, it is the fourteenth oldest United States bank on the list of oldest banks in continuous operation. The company provides financial services including banking, wealth management, insurance, and trading services. Frank S. Davis founded First National Bank, the first nationally chartered bank in Memphis after passage of the National Banking Act of 1863. The charter was received on March 25, 1864, during the American Civil War.
Company profile
Ticker
FHN, FHN-PA, FHN-PB, FHN-PC, FHN-PD, FHN-PE, FHN-PF, FHNNP, FHN+F
Exchange
Website
CEO
David Jordan
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
FIRST HORIZON NATIONAL CORP, FIRST TENNESSEE NATIONAL CORP
SEC CIK
Corporate docs
IRS number
620803242
FHN stock data
()
News
Press releases
First Horizon Corporation to Participate in Morgan Stanley US Financials, Payments & CRE Conference
2 Jun 21
First Horizon Corporation to Announce Financial Results and Host Conference Call on July 16
27 May 21
First Horizon Corporation to Participate in KBW Virtual US Regional Bank Leaders Conference
27 May 21
First Horizon Corporation Announces Redemption of Series A Preferred Stock and Corresponding Series A Depositary Shares
13 May 21
First Horizon Corporation to Participate in Wells Fargo 2021 Virtual Financial Services Investor Conference
6 May 21
Investment data
| Top 50 of 1158 long holdings End of quarter 31 Mar 21 |
Value |
#Shares |
|---|---|---|
| $151.11M | 856.24K | |
| $40.29M | 487.14K | |
| $39.06M | 306.55K | |
| $31.79M | 260.25K | |
| $28.95M | 282.98K | |
| $25.64M | 108.76K | |
| $25.11M | 12.15K | |
| $22.39M | 134.36K | |
| $16.8M | 5.43K | |
| $16.28M | 101.76K | |
| $15.68M | 51.36K | |
| $14.82M | 90.2K | |
| $13.55M | 28.5K | |
| $13.34M | 29.24K | |
| $13.07M | 96.49K | |
| $12.07M | 207.6K | |
| $12.02M | 232.39K | |
| $11.99M | 101.35K | |
| $11.76M | 29.67K | |
| $11.72M | 97.83K | |
| $11.37M | 74.7K | |
| $11.02M | 52.03K | |
| $10.12M | 50.7K | |
| $9.95M | 129.06K | |
| $9.78M | 131.88K | |
| $9.76M | 177.85K | |
| $9.33M | 111.6K | |
| $9.28M | 12.3K | |
| $9.23M | 126.92K | |
| $9.11M | 86.91K | |
| $9.1M | 25.79K | |
| $8.96M | 24.24K | |
| $8.93M | 46.35K | |
| $8.87M | 60.14K | |
| $8.83M | 51.94K | |
| $8.63M | 114.16K | |
| $8.45M | 36.46K | |
| $8.26M | 52.46K | |
| $8.25M | 156.58K | |
| $8.22M | 505.59K | |
| $8.18M | 23.2K | |
| $7.63M | 167.16K | |
| $7.61M | 97.52K | |
| $7.54M | 37.42K | |
| $7.54M | 113.95K | |
| $7.22M | 112.88K | |
| $7.21M | 12.11K | |
| $6.93M | 30.9K | |
| $6.89M | 28.83K | |
| $6.81M | 30.25K |
Holdings list only includes long positions.
Only includes long positions.
Calendar
6 May 21
14 Jun 21
31 Dec 21
Financial summary
Quarter (USD) |
Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
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Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
|---|---|---|---|---|---|
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Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 13 May 21 | Susan L Springfield | Common Stock | Sell | Dispose S | No | No | 18.48 | 7,033 | 129.97K | 244,316 |
| 13 May 21 | Susan L Springfield | Common Stock | Sell | Dispose S | No | No | 18.47 | 30,402 | 561.52K | 251,349 |
| 13 May 21 | Susan L Springfield | Common Stock | Option exercise | Aquire M | No | No | 11.62 | 37,435 | 434.99K | 281,751 |
| 13 May 21 | Susan L Springfield | Common Stock | Sell | Dispose S | No | No | 18.492 | 100 | 1.85K | 244,316 |
| 13 May 21 | Susan L Springfield | Common Stock | Sell | Dispose S | No | No | 18.49 | 100 | 1.85K | 244,416 |
| 13 May 21 | Susan L Springfield | Common Stock | Sell | Dispose S | No | No | 18.48 | 20,860 | 385.49K | 244,516 |
| 13 May 21 | Susan L Springfield | Common Stock | Option exercise | Aquire M | No | No | 14.28 | 25,420 | 363K | 265,376 |
| 13 May 21 | Susan L Springfield | Stock Options Common Stock | Option exercise | Dispose M | No | No | 11.62 | 37,435 | 434.99K | 0 |
| 13 May 21 | Susan L Springfield | Stock Options Common Stock | Option exercise | Dispose M | No | No | 14.28 | 25,420 | 363K | 0 |
| 12 May 21 | William C Losch III | Common Stock | Payment of exercise | Dispose F | No | No | 18.2 | 6,685 | 121.67K | 412,351 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
83.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 472 |
| Opened positions | 72 |
| Closed positions | 62 |
| Increased positions | 144 |
| Reduced positions | 158 |
13F shares |
Current |
|---|---|
| Total value | 11.11B |
| Total shares | 459.92M |
| Total puts | 772.4K |
| Total calls | 1.36M |
| Total put/call ratio | 0.6 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK Blackrock | 62.94M | $1.06B |
| Vanguard | 59.05M | $998.6M |
| FMR | 30.92M | $522.85M |
| STT State Street | 22.49M | $384.12M |
| Fuller & Thaler Asset Management | 19.1M | $322.95M |
| Dimensional Fund Advisors | 18.57M | $314.06M |
| JPM JPMorgan Chase & Co. | 14.48M | $244.79M |
| Franklin Mutual Advisers | 12.08M | $154.14M |
| BEN Franklin Resources | 10.34M | $174.85M |
| JHG Janus Henderson | 9.31M | $157.4M |
Financial report summary
?Management Discussion
- First quarter 2021 net income available to common shareholders was $225 million, or $0.40 per diluted share, compared to $234 million, or $0.42 per diluted share, in fourth quarter 2020. First quarter 2021 results produced a return on average assets of 1.12% and a return on average common equity of 12.01% compared to 1.16% and 12.53% for fourth quarter 2020.
- Net interest income of $508 million declined $14 million from fourth quarter 2020, driven by the impact of a decrease in average loans, day count and lower short-term rates partially offset by improved funding costs.
- The provision for credit losses was a benefit of $45 million for the first quarter of 2021, compared to expense of $1 million for fourth quarter 2020, largely reflecting continued improvement in the overall macroeconomic outlook and a reduction in consumer loans.
Content analysis
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| Positive | ||
| Negative | ||
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| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Bad
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New words:
accommodation, ALM, Article, aware, benchmark, Blue, broadly, CAA, certainty, Chip, climb, concurrence, confidential, count, criminal, cybersecurity, depression, detect, diversified, educate, episodic, exploiting, extortion, extraordinary, fallback, FCA, FHNF, forepart, fraudulently, FT, FTBNA, FTRESC, Glossary, highlighted, human, incident, intercompany, investigation, lag, language, legitimate, legitimately, lifetime, light, login, manufacturing, mid, narrowly, nationwide, notified, OCI, older, ordinarily, organizational, outright, perpetrated, pestilence, produced, prompted, published, reaction, reallocated, recast, red, regulation, regulator, reimbursed, reorganization, reorganized, rest, resurgence, retroactive, retroactively, scorecard, simplified, slowdown, SOFR, speaking, SR, stolen, technical, turn, unauthorized, underling, unknown, unused, USD, vulnerability, weak, week
Removed:
AACL, absolute, acceptable, Accountant, accretable, accreted, accumulation, accurate, adapted, ADR, advanced, aggregated, Aggregation, ago, Aid, altered, alternate, amendment, America, analytical, analyze, ancillary, annuity, appointment, approval, approximating, assist, assured, automated, automatically, begun, behalf, behave, billing, block, Bureau, capability, capable, capped, chartered, clarifying, clause, cleanup, CMO, Codification, collectability, compelled, composite, conclude, conclusion, concurred, considerable, considerably, constructing, contacted, contributory, corrective, courier, criteria, custodial, custody, cycle, cyclical, DCF, deal, debit, decided, declare, deficient, degradation, departure, depend, design, deteriorated, diminishing, disease, divestiture, documentation, draft, dramatically, drug, efficiency, enforceable, enhanced, enterprise, establish, establishment, evidenced, exceeded, exclusive, executing, execution, exhibited, existence, expansion, expedient, explicit, expressed, extending, extinguishment, extra, extreme, factoring, federally, Finally, fit, foregoing, found, foundation, frequent, fundamentally, funded, furloughed, geographic, Ginnie, globally, goal, guaranty, half, handle, handled, health, homebuilder, homebuilding, HTM, identification, impacting, implementation, implicit, incent, inclusion, incorporate, increasing, influx, inform, informational, infrastructure, initiate, initiation, initiative, instituted, interaction, InterBank, interpreted, invested, invoiced, irrevocably, Isaac, isolate, judged, judicial, jumbo, justify, lack, laid, lapse, Lastly, law, leading, leaseback, lesser, LGD, likelihood, loaned, mandated, mask, match, matching, MBS, medical, meeting, mirrored, mitigation, moving, MSR, narrative, nationally, necessity, NM, nonaccretable, nonconforming, noncredit, notice, NPL, object, obtaining, OIS, opted, optimize, optimizing, ordered, organic, organization, OTTI, outsourced, owner, pace, par, paragraph, parallel, participate, partnership, passage, PCD, PCI, perspective, pertinent, PMs, pool, postpone, practical, predominant, predominantly, predominately, prepaid, prescription, preventative, prioritized, priority, prohibition, project, projected, proposal, prospectively, prudent, publicly, rapidly, rated, reached, realizable, rebranding, recommended, reconcile, reducing, reflective, region, rehabilitation, reinvest, remind, removal, render, renovation, replenish, replenishment, repositioning, residual, resolve, restoration, restorative, restructured, reversal, reversed, reversion, RMs, ROTCE, RWA, salary, satisfied, scored, seasoned, seasoning, sec, securing, segmented, selection, shorter, shrink, signage, significance, skewed, slower, sound, southeastern, steadily, steep, steer, stressing, stronger, subserviced, supportable, suspend, suspension, symbol, thousand, town, tracking, transferred, transitioned, treated, TRUP, trustee, unadjusted, unallocated, unamortized, uncollateralized, uncollectible, undertook, undiscounted, unearned, unexpectedly, Union, unresolved, utilization, vacancy, verification, Virginia, wholly, wide, wind, withstand, York
Financial reports
10-Q
2021 Q1
Quarterly report
6 May 21
10-K
2020 FY
Annual report
24 Feb 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
5 Aug 20
10-Q
2020 Q1
Quarterly report
8 May 20
10-K
2019 FY
Annual report
27 Feb 20
10-Q
2019 Q3
Quarterly report
8 Nov 19
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
27 Feb 19
Current reports
8-K
Material Modifications to Rights of Security Holders
3 May 21
8-K
Departure of Directors or Certain Officers
28 Apr 21
8-K
Other Events
28 Apr 21
8-K
Tangible book value per share of $10.30 up 1% from fourth quarter 2020
21 Apr 21
8-K
Departure of Directors or Certain Officers
29 Jan 21
8-K
Results of Operations and Financial Condition
22 Jan 21
8-K
Amendments to Articles of Incorporation or Bylaws
1 Dec 20
8-K
Amendments to Articles of Incorporation or Bylaws
29 Oct 20
8-K
Completion of Acquisition or Disposition of Assets
25 Oct 20
8-K
First Horizon National Corp. Reports Third Quarter Net Income Available to Common of $523 Million
23 Oct 20
Registration and prospectus
8-A12B
Registration of securities on exchange
9 May 21
424B2
Prospectus for primary offering
30 Apr 21
FWP
Free writing prospectus
28 Apr 21
S-8
Registration of securities for employees
28 Apr 21
424B2
Prospectus for primary offering
28 Apr 21
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Oct 20
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Oct 20
Proxies
DEFA14A
Additional proxy soliciting materials
19 Mar 21
DEFA14A
Additional proxy soliciting materials
15 Mar 21
DEF 14A
Definitive proxy
15 Mar 21
DEFA14A
Additional proxy soliciting materials
8 Apr 20
DEFA14A
Additional proxy soliciting materials
8 Apr 20
DEFA14A
Additional proxy soliciting materials
16 Mar 20
DEF 14A
Definitive proxy
16 Mar 20
DEFA14A
Additional proxy soliciting materials
11 Mar 19
DEF 14A
Definitive proxy
11 Mar 19
DEFA14A
Additional proxy soliciting materials
15 Apr 18
Other
EFFECT
Notice of effectiveness
20 Mar 20
CORRESP
Correspondence with SEC
16 Mar 20
CORRESP
Correspondence with SEC
16 Mar 20
UPLOAD
Letter from SEC
11 Mar 20
CORRESP
Correspondence with SEC
8 Mar 20
UPLOAD
Letter from SEC
25 Feb 20
CORRESP
Correspondence with SEC
9 Feb 20
UPLOAD
Letter from SEC
26 Jan 20
EFFECT
Notice of effectiveness
27 Jul 17
CORRESP
Correspondence with SEC
26 Jul 17
Ownership
4
FIRST HORIZON / Susan L Springfield ownership change
14 May 21
4
FIRST HORIZON / Jeff L. Fleming ownership change
13 May 21
4
FIRST HORIZON / Jeff L. Fleming ownership change
13 May 21
4
FIRST HORIZON / Susan L Springfield ownership change
13 May 21
4
FIRST HORIZON / D BRYAN JORDAN ownership change
13 May 21
4
FIRST HORIZON / DAVID T POPWELL ownership change
13 May 21
4
FIRST HORIZON / William C Losch III ownership change
13 May 21
4
FIRST HORIZON / D BRYAN JORDAN ownership change
11 May 21
13F-HR
Quarterly holdings report by institutional manager
11 May 21
4
FIRST HORIZON / William C Losch III ownership change
6 May 21
Transcripts
2020 Q3
Earnings call transcript
23 Oct 20
2020 Q2
Earnings call transcript
17 Jul 20
2020 Q1
Earnings call transcript
21 Apr 20
2019 Q4
Earnings call transcript
17 Jan 20
2019 Q3
Earnings call transcript
17 Oct 19
2019 Q2
Earnings call transcript
16 Jul 19
2019 Q1
Earnings call transcript
16 Apr 19
2018 Q4
Earnings call transcript
18 Jan 19
2018 Q3
Earnings call transcript
16 Oct 18
2018 Q2
Earnings call transcript
17 Jul 18
Reddit threads
Daily Discussion Thread - June 10th, 2021
10 Jun 21
Daily Discussion Thread - June 9th, 2021
9 Jun 21
Daily Discussion Thread - June 8th, 2021
8 Jun 21
Daily Discussion Thread - June 7th, 2021
7 Jun 21
Portfolio Evaluation
23 May 21
Joe's Trades - FHN
19 May 21
Smaller Banks
14 May 21
Significant Insider Trading Activity (Last 7 Days)
29 Apr 21
Daily Discussion Thread - April 21st, 2021
21 Apr 21
Daily Discussion Thread - April 20th, 2021
20 Apr 21