FHN First Horizon Corporation Common Stock
NYSE · Banking · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 6, 2026FHN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| Sept. 9, 2009 | 575-for-566 | Forward |
| Sept. 10, 2008 | 842-for-817 | Forward |
| Feb. 23, 1998 | 2-for-1 | Forward |
| Feb. 20, 1996 | 2-for-1 | Forward |
| May 26, 1992 | 3-for-2 | Forward |
| Nov. 22, 1985 | 3-for-2 | Forward |
About First Horizon Corporation Common Stock Company overview from Wikipedia
First Horizon Corporation, formerly First Tennessee Bank, is a financial services company, founded in 1864, and based in Memphis, Tennessee. Through its banking subsidiary First Horizon Bank, it provides financial services through locations in 12 states across the Southeast, a region in which it is the fourth largest regional bank.
In November 2019, First Horizon Corporation and IberiaBank Corporation agreed to merge, closing in July 2020. The combined bank is based in Memphis, Tennessee, and uses the First Horizon name.
The bank gained national attention during the 2023 banking crisis, in which multiple regional banks across the United States as well as the Swiss institution Credit Suisse all collapsed and were bought out. First Horizon's stock price began to plummet in the wake of both a merger with Toronto-Dominion Bank being called off and the collapse of First Republic Bank in San Francisco.
History
Frank S. Davis founded First National Bank, the first nationally chartered bank in Memphis, after passage of the National Banking Act of 1863. Though the city was under martial law after being captured by Union forces in the Civil War, First National Bank of Memphis was officially chartered for business on March 25, 1864, during the American Civil War.
The bank acquired German Bank in 1895. First National was one of five banks in the twelve districts to help implement the Federal Reserve Act of 1913, and in 1914, the bank participated in the organization of the Federal Reserve Bank of St. Louis. The bank merged with Central-State National Bank in 1926. The merged bank retained First National's name and charter, but was led by Central-State's management team.
In 1942, the bank opened its first suburban branch and by 1952, First National had seven offices. In 1961, a 25-story tower was announced. As of 1967, First National was the largest bank in the Mid-South. A holding company, First National Holding Corporation, was created in 1969. Two years later, because leadership intended to acquire other banks, this became First Tennessee National Corporation. The corporation acquired five banks in 1972 and changed their names to First Tennessee Bank. (Allen B. Morgan had been named president in 1960, chief executive in 1967, and chairman in 1969, retiring in 1973.) In 1977, First National also became First Tennessee Bank.
During the 1980s, the company expanded into mortgage brokerage, mortgage loan origination, and insurance. In 1981 First Express became the first national check-clearing service, and First Tennessee offered brokerage services starting the next year.
In 1993, the bank acquired MNC Mortgage.
In 1994, the bank acquired Peoples Commercial Services Corporation.
In 1995, with the purchases of Maryland National Mortgage Corporation and SNMC Management Corporation, First Tennessee had $6 billion in mortgage origination and was one of the country's top 10 mortgage originators.
In 1999, to reflect its diversification, the bank adopted the slogan, "All Things Financial."
In 2004, the company changed its name to First Horizon National Corporation to reflect its interstate growth.
In May 2007, the company acquired Republic Mortgage, based in Las Vegas.
In September 2007, the company sold 34 branches outside of Tennessee, including 13 branches to M&T Bank, 10 branches to Sterling Bank, 9 branches to Fifth Third, and 2 branches to FMCB Holdings.
In June 2008, the company sold its residential-mortgage origination and servicing business to Metlife.
In November 2008, the United States Department of the Treasury invested $866 million in the company as part of the Troubled Asset Relief Program and in December 2010, the company repurchased the investment from the Treasury.
Across the 2010s, First Horizon acquired three regional banks, starting in 2013, when it acquired the failing Mountain National Bank. First Horizon acquired TrustAtlantic in 2015 and Capital Bank Financial in 2017. In 2019, First Horizon merged with IberiaBank to create a bank with $79 billion in assets and $58 billion in loans. Also in 2019, First Horizon announced it was going to rebrand all of its services under the same First Horizon name. The change encompassing First Tennessee Bank, Capital Bank, FTB Advisors and FTN Financial became effective at the close of business on October 25, 2019, with signage changes expected to be complete throughout those holdings by early 2020.
On July 20, 2020, First Horizon National Corp acquired 30 branches from SunTrust bank, now Truist. The transaction added $410 million in loans and $2.3 billion in deposits. The branches were converted to First Horizon banking centers over the weekend of July 17-19, 2020.
On February 28, 2022, Toronto-based TD Bank Group announced that it would acquire First Horizon Corporation in an all-cash deal of $13.4 billion in what would have been the second-largest bank deal in recent U.S. history. On May 4, 2023, the companies announced that the acquisition would not proceed citing regulatory uncertainties, with TD owing First Horizon a total of $225 million in break-up fees as part of the termination agreement. The merger's call off happened within the same week as the collapse and buyout of First Republic Bank by JPMorgan Chase, and the bank's financial failures are seen as part of the 2023 banking crisis. Reports of First Horizon's call off were paired with the news of PacWest Bancorp itself heading on a lifeline.
Consumer and business banking
First Horizon banking services are available to individual consumers as well as businesses of all sizes.
On October 11, 2016, First Tennessee announced the opening of its first Piedmont Triad retail branch in Winston-Salem. The bank had offered commercial banking and real estate and wealth-management services in the city since 2004. From 2003 to 2016, Winston-Salem was also the headquarters of the Mid-Atlantic Region, including the Triangle, Charlotte and Greenville in North Carolina; Richmond in Virginia; Charleston in South Carolina; and Jacksonville in Florida. The new regional headquarters was in Raleigh, where First Tennessee had four branches after buying TrustAtlantic Bank in 2015.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | FHN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 11.35Y avg ≈12.4 | ≈12.4 | 11.7 | Overvalued | |
| P/S (TTM) | 3.15Y avg ≈3.3 | ≈3.3 | 3.6 | Undervalued | |
| P/B (MRQ) | 1.25Y avg ≈1.2 | ≈1.2 | 1.1 | Overvalued | |
| Price / FCF (TTM) | 10.95Y avg ≈10.0 | ≈10.0 | · | · | |
| Price / Cash Flow (TTM) | 10.55Y avg ≈9.6 | ≈9.6 | 10.3 | Overvalued | |
| Price / Tangible Book (MRQ) | 1.25Y avg ≈1.5 | ≈1.5 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | FHN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| EBITDA Margin | 1.9%5Y avg ≈2.5% | ≈2.5% | 4.2% | Weak | |
| Pretax Margin (TTM) | 38.8%5Y avg ≈34.4% | ≈34.4% | 38.3% | In line | |
| Net Profit Margin (TTM) | 29.9%5Y avg ≈26.7% | ≈26.7% | 31.2% | In line | |
| ROA (TTM) | 1.3%5Y avg ≈1.1% | ≈1.1% | 1.2% | In line | |
| ROE (TTM) | 11.6%5Y avg ≈10.3% | ≈10.3% | 11.2% | In line |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | FHN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.35Y avg ≈0.3 | ≈0.3 | 0.3 | In line |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | FHN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 7.2%5Y avg ≈2.4% | ≈2.4% | · | · | |
| Revenue CAGR 3Y | 2.2% | · | · | · | |
| EPS YoY | 37.5%5Y avg ≈1.3% | ≈1.3% | · | · | |
| Net Income YoY | 26.7%5Y avg ≈4.2% | ≈4.2% | · | · | |
| EPS CAGR 3Y | 6.9%5Y avg ≈-2.5% | ≈-2.5% | · | · | |
| EPS CAGR 5Y | -0.21% | · | · | · | |
| Net Income CAGR 3Y | 2.9%5Y avg ≈-1.1% | ≈-1.1% | · | · | |
| Net Income CAGR 5Y | 3.0% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | FHN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.05Y avg ≈0.0 | ≈0.0 | 0.0 | In line | |
| Revenue / Employee | ≈$462.0K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Sep 11, 2026 | $0.17 | USD | ≈2.7% |
| Jun 12, 2026 | $0.17 | USD | ≈2.5% |
| Mar 13, 2026 | $0.17 | USD | ≈2.9% |
| Dec 12, 2025 | $0.15 | USD | ≈2.5% |
| Sep 12, 2025 | $0.15 | USD | ≈2.7% |
| Jun 13, 2025 | $0.15 | USD | ≈3.1% |
| Mar 14, 2025 | $0.15 | USD | ≈3.2% |
| Dec 13, 2024 | $0.15 | USD | ≈3.0% |
| Sep 13, 2024 | $0.15 | USD | ≈3.8% |
| Jun 14, 2024 | $0.15 | USD | ≈4.2% |
| Mar 14, 2024 | $0.15 | USD | ≈4.1% |
| Dec 14, 2023 | $0.15 | USD | ≈4.3% |
| Sep 14, 2023 | $0.15 | USD | ≈5.2% |
| Jun 15, 2023 | $0.15 | USD | ≈5.1% |
| Mar 16, 2023 | $0.15 | USD | ≈3.9% |
| Dec 15, 2022 | $0.15 | USD | ≈2.5% |
| Sep 8, 2022 | $0.15 | USD | ≈2.6% |
| Jun 9, 2022 | $0.15 | USD | ≈2.7% |
| Mar 10, 2022 | $0.15 | USD | ≈2.6% |
| Dec 9, 2021 | $0.15 | USD | ≈3.7% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 15, 2026 | $0.54 | $0.53 | 2.6% |
| March 31, 2026 | $0.53 | $0.50 | 6.2% | |
| Dec. 31, 2025 | $0.52 | $0.46 | 12.0% | |
| Sept. 30, 2025 | $0.51 | $0.45 | 13.8% | |
| June 30, 2025 | $0.45 | $0.42 | 7.4% | |
| March 31, 2025 | $0.42 | $0.40 | 4.7% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.42B | $3.19B | $3.47B | $3.21B | · | · | $1.82B | $1.94B | $1.33B | $1.27B | $1.16B | $1.15B | |
| Interest Expense | · | · | $1.56B | $291M | $164M | $236M | $414M | $326M | $148M | $89M | $83M | $82M | |
| Interest Income | $4.19B | $4.35B | $4.10B | $2.68B | $2.16B | $1.90B | $1.62B | $1.55B | $990M | $818M | $736M | $709M | |
| Pretax Income | $1.28B | $1.00B | $1.13B | $1.16B | $1.28B | $933M | $586M | $714M | $309M | $345M | $108M | $318M | |
| Income Tax | $282M | $211M | $212M | $247M | $274M | $76M | $134M | $157M | $132M | $107M | $11M | $84M | |
| Net Income | $982M | $775M | $897M | $900M | $999M | $845M | $441M | $545M | $166M | $227M | $86M | $223M | |
| EPS (Basic) | $1.89 | $1.37 | $1.58 | $1.62 | $1.76 | $1.90 | $1.39 | $1.66 | $0.66 | $0.95 | $0.34 | $0.92 | |
| EPS (Diluted) | $1.87 | $1.36 | $1.54 | $1.53 | $1.74 | $1.89 | $1.38 | $1.65 | $0.65 | $0.94 | $0.34 | $0.91 | |
| Shares (Basic) | 505,130,000 | 540,317,000 | 548,410,000 | 535,033,000 | 546,354,000 | 432,125,000 | 313,637,000 | 324,375,000 | 241,436,000 | 232,700,000 | 234,189,000 | 234,997,000 | |
| Shares (Diluted) | 511,107,000 | 544,285,000 | 561,732,000 | 566,004,000 | 551,241,000 | 433,717,000 | 315,657,000 | 327,445,000 | 244,453,000 | 235,292,000 | 236,266,000 | 236,735,000 | |
| EBITDA | $64M | $101M | $102M | $64M | · | $46M | $65M | $59M | $71M | $65M | $61M | $57M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PP&E (Net) | $544M | $574M | $590M | $612M | $665M | $759M | $455M | $494M | $532M | $289M | $276M | $303M | |
| PP&E (Gross) | $1.15B | $1.13B | $1.10B | $1.07B | $1.07B | $1.14B | $793M | $816M | $851M | $613M | $637M | $671M | |
| Accum. Depreciation | $601M | $552M | $506M | $455M | $407M | $377M | $338M | $322M | $319M | $323M | $361M | $368M | |
| Goodwill | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.43B | $1.43B | $1.39B | $191M | $191M | $146M | |
| Intangibles | $105M | $143M | $186M | $234M | $298M | $354M | $131M | $155M | $184M | $21M | $26M | $30M | |
| Total Assets | $83.88B | $82.15B | $81.66B | $78.95B | $89.09B | $84.21B | $43.31B | $40.83B | $41.42B | $28.56B | $26.19B | $25.67B | |
| Short-term Debt | $3.25B | $3.40B | $2.55B | $2.51B | $2.12B | $2.20B | $3.52B | · | · | · | · | · | |
| Total Liabilities | $74.73B | $73.04B | $72.37B | $70.41B | $80.60B | $75.90B | $38.23B | $36.05B | $36.84B | $25.85B | $23.55B | $23.09B | |
| Total Debt | $3.25B | $3.40B | $2.55B | $2.51B | · | $2.20B | · | · | · | · | · | · | |
| Common Stock | $303M | $328M | $349M | $336M | $333M | $347M | $195M | $199M | $204M | $146M | $149M | $146M | |
| Retained Earnings | $5.03B | $4.38B | $3.96B | $3.43B | $2.89B | $2.26B | $1.80B | $1.54B | $1.16B | $1.03B | $874M | $852M | |
| AOCI | $-810M | $-1.13B | $-1.19B | $-1.37B | $-288M | $-140M | $-239M | $-377M | $-323M | $-248M | $-214M | $-214M | |
| Stockholders' Equity | $8.85B | $8.82B | $9.00B | $8.25B | $8.20B | $8.01B | $4.78B | $4.49B | $4.29B | $2.41B | $2.34B | $2.29B | |
| Liabilities + Equity | $83.88B | $82.15B | $81.66B | $78.95B | $89.09B | $84.21B | $43.31B | $40.83B | $41.42B | $28.56B | $26.19B | $25.67B | |
| Shares Outstanding | 484,825,395 | 524,280,412 | 558,838,694 | 537,100,615 | 533,577,000 | 555,031,000 | 311,469,000 | 318,573,000 | 326,736,000 | 233,624,000 | 238,587,000 | 234,220,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $64M | $101M | $102M | $85M | $45M | $46M | $65M | $59M | $71M | $65M | $61M | $57M | |
| Stock-based Comp | $61M | $59M | $36M | $75M | $43M | $32M | $22M | $23M | $21M | $18M | $14M | $11M | |
| Deferred Tax | $49M | $-17M | $44M | $91M | $0 | $-18M | $14M | $104M | $121M | $80M | $24M | $4M | |
| Amort. of Intangibles | $38M | $44M | $47M | $51M | $56M | $40M | $25M | $26M | $9M | $5M | $5M | $4M | |
| Restructuring | · | · | · | · | · | · | · | · | · | · | · | $7M | |
| Other Non-cash | $-528M | $350M | $220M | $1.18B | · | $-733M | $287M | $-497M | $-395M | $-208M | $207M | $417M | |
| Operating Cash Flow | $628M | $1.27B | $1.30B | $2.29B | $725M | $172M | $830M | $234M | $-29M | $180M | $367M | $705M | |
| CapEx | $33M | $44M | $37M | $28M | $37M | $379M | $49M | $38M | $288M | $63M | $44M | $39M | |
| Investing Cash Flow | $-1.09B | $-1.06B | $-2.60B | $8.33B | $-4.60B | $-4.97B | $-2.39B | $480M | $-1.32B | $-2.47B | $-518M | $-1.49B | |
| Debt Issued | $513M | $16M | $0 | · | · | $1.25B | $0 | $0 | $121M | $100.0K | $496M | $396M | |
| Net Debt Issued | $147M | · | · | · | · | $-321M | $-406M | $-69M | $-26M | $-267M | $-530M | $374M | |
| Stock Repurchased | $918M | $626M | $10M | $12M | $416M | $4M | $134M | $105M | $6M | $97M | $33M | $44M | |
| Net Stock Activity | $-918M | $-626M | $-10M | $-12M | · | $-4M | $-135M | $-105M | $-6M | $-97M | $-33M | $-44M | |
| Dividends Paid | $314M | $332M | $335M | $324M | $333M | $222M | $171M | $139M | $80M | $64M | $54M | $47M | |
| Financing Cash Flow | $524M | $-404M | $1.49B | $-10.87B | $4.02B | $5.18B | $1.42B | $-761M | $1.77B | $2.29B | $111M | $1.02B | |
| Net Change in Cash | $58M | $-194M | $188M | $-245M | $140M | $381M | $-138M | $-47M | $414M | $7M | $-40M | $243M | |
| Taxes Paid | $60M | $99M | $104M | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $595M | $1.22B | $1.26B | $2.29B | · | $-207M | $781M | $196M | $-305M | $119M | $324M | $666M | |
| Levered FCF | · | · | $-2M | $2.06B | · | $-424M | $461M | $-58M | $-390M | $57M | $249M | $605M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 28.7% | 24.3% | 25.9% | 28.1% | · | 26.8% | 24.3% | 28.1% | 12.4% | 17.9% | 7.4% | 19.1% | |
| Pretax Margin | 37.4% | 31.5% | 32.5% | 36.1% | · | 29.6% | 32.2% | 36.9% | 23.2% | 27.2% | 9.3% | 26.9% | |
| EBITDA Margin | 1.9% | 3.2% | 2.9% | 2.0% | · | 1.5% | 3.6% | 3.0% | 5.3% | 5.1% | 5.2% | 4.9% | |
| ROA | 1.2% | 0.95% | 1.1% | 1.1% | · | 1.3% | 1.1% | 1.3% | 0.47% | 0.83% | 0.33% | 0.88% | |
| ROE | 11.1% | 8.7% | 10.4% | 10.9% | · | 13.2% | 9.5% | 12.4% | 4.9% | 9.6% | 3.7% | 9.5% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.4 | 0.4 | 0.3 | 0.3 | · | 0.3 | · | · | · | · | · | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $18.25 | $16.82 | $16.10 | $15.36 | · | $14.44 | $15.35 | $14.09 | $13.11 | $10.31 | $9.83 | $9.80 | |
| Revenue / Share | $6.69 | $5.86 | $6.17 | $5.67 | · | $7.27 | $5.76 | $5.91 | $5.45 | $5.40 | $4.92 | $4.86 | |
| Cash Flow / Share | $1.23 | $2.33 | $2.31 | $4.08 | · | $0.40 | $2.63 | $0.72 | $-0.07 | $0.77 | $1.55 | $2.98 | |
| Dividend / Share | $0.60 | $0.60 | $0.60 | $0.60 | $0.60 | $0.60 | $0.56 | $0.48 | $0.36 | $0.28 | $0.24 | $0.20 | |
| Dividend Paid / Share | · | · | · | · | · | · | · | · | · | $0.28 | $0.24 | $0.20 | |
| EPS (TTM) | $1.87 | $1.36 | $1.54 | $1.53 | $1.74 | $1.89 | $1.38 | $1.65 | $0.65 | $0.94 | $0.34 | $0.91 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 7.2% | -8.0% | 8.1% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 2.2% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 37.5% | -11.7% | 0.65% | -12.1% | -7.9% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 6.9% | -7.9% | -6.6% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | -0.21% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 26.7% | -13.6% | -0.33% | -9.9% | 18.2% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 2.9% | -8.1% | 2.0% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 3.0% | · | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 7.2% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.42B | $3.19B | $3.47B | $3.21B | $1.99B | $1.99B | $1.82B | $1.94B | $1.33B | $1.27B | $1.16B | $1.15B | |
| Net Income TTM | $982M | $775M | $897M | $900M | $999M | $845M | $441M | $545M | $166M | $227M | $86M | $223M | |
| Market Cap | $11.59B | $10.56B | $7.91B | $13.16B | · | $7.08B | $5.16B | $4.19B | $6.53B | $4.67B | $3.46B | $3.18B | |
| P/E | 12.8 | 14.8 | 9.2 | 16.0 | 9.4 | 6.8 | 12.0 | 8.0 | 30.8 | 21.3 | 42.7 | 14.9 | |
| P/S | 3.4 | 3.3 | 2.3 | 4.1 | · | 3.6 | 2.8 | 2.2 | 4.9 | 3.7 | 3.0 | 2.8 | |
| P/B | 1.3 | 1.2 | 0.9 | 1.6 | · | 0.9 | 1.1 | 0.9 | 1.5 | 1.9 | 1.5 | 1.4 | |
| P / Tangible Book | 1.6 | 1.5 | 1.1 | 2.0 | 1.4 | 1.2 | · | · | · | · | · | · | |
| P / Cash Flow | 18.5 | 8.3 | 6.1 | 5.7 | · | 41.2 | 6.2 | 17.9 | -376.3 | 25.8 | 9.4 | 4.5 | |
| P / FCF | 19.5 | 8.6 | 6.3 | 5.8 | · | -34.2 | 6.6 | 21.4 | -21.4 | 39.4 | 10.7 | 4.8 | |
| Dividend Yield | 2.7% | 3.1% | 4.2% | 2.5% | · | 3.1% | 3.3% | 3.3% | 1.2% | 1.4% | 1.6% | 1.5% | |
| Earnings Yield | 7.8% | 6.8% | 10.9% | 6.2% | 10.7% | 14.8% | 8.3% | 12.5% | 3.2% | 4.7% | 2.3% | 6.7% | |
| Payout Ratio | 32.0% | 42.8% | 37.4% | 36.0% | · | 26.3% | 38.8% | 25.4% | 48.3% | 28.0% | 62.8% | 21.6% | |
| Annual Payout | $314M | $332M | $335M | $324M | $333M | $222M | $171M | $139M | $80M | $64M | $54M | $47M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $887M | $862M | $888M | $889M | $830M | $812M | $729M | $827M | $815M | $819M | · | · | $9M | · | · | · | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $448M | · | $475M | $385M | $232M | · | $71M | |
| Interest Income | $1.03B | $1.00B | $1.05B | $1.08B | $1.04B | $1.01B | $1.07B | $1.12B | $1.09B | $1.07B | $1.08B | $1.08B | $1.01B | $920M | $857M | $733M | |
| Pretax Income | $340M | $342M | $342M | $344M | $309M | $285M | $210M | $281M | $260M | $254M | $178M | $194M | $425M | $331M | $333M | $346M | |
| Income Tax | $66M | $76M | $77M | $78M | $64M | $63M | $40M | $58M | $56M | $57M | $-12M | $52M | $96M | $76M | $64M | $78M | |
| Net Income | $270M | $262M | $261M | $262M | $241M | $218M | $166M | $218M | $199M | $192M | $184M | $137M | $325M | $251M | $266M | $265M | |
| EPS (Basic) | $0.55 | $0.54 | $0.52 | $0.50 | $0.46 | $0.41 | $0.30 | $0.40 | $0.34 | $0.33 | $0.31 | $0.23 | $0.59 | $0.45 | $0.48 | $0.48 | |
| EPS (Diluted) | $0.54 | $0.53 | $0.51 | $0.50 | $0.45 | $0.41 | $0.29 | $0.40 | $0.34 | $0.33 | $0.32 | $0.23 | $0.56 | $0.43 | $0.45 | $0.45 | |
| Shares (Basic) | 474,841,000 | 480,307,000 | · | 504,863,000 | 508,125,000 | 517,116,000 | · | 534,222,000 | 543,981,000 | 554,977,000 | · | 558,559,000 | 539,120,000 | 536,938,000 | · | 535,986,000 | |
| Shares (Diluted) | 480,103,000 | 486,868,000 | · | 510,351,000 | 513,606,000 | 523,423,000 | · | 537,971,000 | 547,093,000 | 557,873,000 | · | 561,421,000 | 560,878,000 | 571,991,000 | · | 570,153,000 | |
| EBITDA | $20M | $22M | · | $6M | $20M | $21M | · | · | · | · | · | · | · | · | · | · |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PP&E (Net) | $545M | $539M | $544M | $553M | $561M | $569M | $574M | $572M | $584M | $586M | · | $590M | $595M | $603M | · | $622M | |
| PP&E (Gross) | · | · | $1.15B | · | · | · | $1.13B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $601M | · | · | · | $552M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | $1.51B | |
| Intangibles | $89M | $97M | $105M | $114M | $123M | $133M | $143M | $154M | $165M | $175M | · | $198M | $210M | $222M | · | $246M | |
| Total Assets | $84.44B | $84.13B | $83.88B | $83.19B | $82.08B | $81.49B | $82.15B | $82.64B | $82.23B | $81.80B | · | $82.53B | $85.07B | $80.73B | · | $80.30B | |
| Short-term Debt | $3.00B | $4.17B | $3.25B | $4.27B | $3.46B | $3.79B | $3.40B | $2.58B | $4.51B | $2.70B | · | $2.51B | $6.95B | $6.48B | · | $1.42B | |
| Total Liabilities | $74.97B | $74.67B | $74.73B | $73.95B | $72.83B | $72.45B | $73.04B | $73.32B | $73.28B | $72.63B | · | $73.74B | $76.11B | $71.83B | · | $72.02B | |
| Total Debt | $3.00B | $4.17B | · | $4.27B | $3.46B | $3.79B | · | $2.58B | $4.51B | $2.70B | · | $2.51B | $6.95B | $6.48B | · | $1.42B | |
| Common Stock | $296M | $297M | $303M | $313M | $318M | $317M | $328M | $333M | $336M | $343M | · | $349M | $349M | $336M | · | $335M | |
| Retained Earnings | $5.38B | $5.21B | $5.03B | $4.85B | $4.67B | $4.52B | $4.38B | $4.30B | $4.17B | $4.07B | · | $3.87B | $3.83B | $3.60B | · | $3.25B | |
| AOCI | $-846M | $-832M | $-810M | $-849M | $-912M | $-983M | $-1.13B | $-989M | $-1.28B | $-1.27B | · | $-1.58B | $-1.36B | $-1.21B | · | $-1.43B | |
| Stockholders' Equity | $9.17B | $9.17B | $8.85B | $8.95B | $8.96B | $8.75B | $8.82B | $9.02B | $8.66B | $8.88B | · | $8.50B | $8.66B | $8.60B | · | $7.99B | |
| Liabilities + Equity | $84.44B | $84.13B | $83.88B | $83.19B | $82.08B | $81.49B | $82.15B | $82.64B | $82.23B | $81.80B | · | $82.53B | $85.07B | $80.73B | · | $80.30B | |
| Shares Outstanding | 473,919,939 | 475,722,232 | 484,825,395 | 500,367,901 | 508,835,780 | 507,315,184 | 524,280,412 | 532,181,000 | 536,876,000 | 548,637,000 | 558,838,694 | 558,709,000 | · | · | 537,101,000 | · |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $20M | $22M | $17M | $6M | $20M | $21M | $24M | $31M | $20M | $26M | · | · | · | · | $88M | $12M | |
| Stock-based Comp | $14M | $13M | $13M | $15M | $15M | $18M | $15M | $13M | $13M | $18M | $15M | $13M | $-14M | $22M | $22M | $21M | |
| Deferred Tax | $44M | $25M | $-7M | $36M | $18M | $2M | $4M | $5M | $31M | $-57M | $21M | $22M | $-5M | $6M | $-76M | $10M | |
| Amort. of Intangibles | $8M | $8M | $9M | $9M | $10M | $10M | $11M | $11M | $11M | $11M | $11M | $12M | $12M | $12M | $12M | $13M | |
| Other Non-cash | · | $-44M | · | · | · | $90M | · | · | · | · | · | · | · | · | · | · | |
| Operating Cash Flow | $585M | $278M | $396M | $-200M | $83M | $349M | $191M | $389M | $-150M | $838M | $365M | $698M | $305M | $-69M | $5M | $768M | |
| CapEx | $19M | $8M | $7M | $8M | $9M | $9M | $17M | $6M | $11M | $10M | $14M | · | · | · | · | · | |
| Investing Cash Flow | $-753M | $-224M | $-995M | $-16M | $-776M | $693M | $-256M | $482M | $-408M | $-876M | $1.23B | $2.27B | $-4.08B | $-2.02B | $1.18B | $4.43B | |
| Stock Repurchased | $121M | $235M | $335M | $190M | $28M | $365M | $164M | $75M | $228M | $159M | $0 | $0 | $6M | $4M | $0 | $2M | |
| Net Stock Activity | · | $-235M | · | · | · | $-365M | · | · | · | $-159M | · | · | · | $-4M | · | · | |
| Dividends Paid | $87M | $73M | $76M | $76M | $82M | $80M | $80M | $81M | $86M | $85M | $84M | $84M | $84M | $83M | $81M | $81M | |
| Financing Cash Flow | $153M | $-6M | $508M | $387M | $565M | $-936M | $-434M | $-291M | $448M | $-127M | $-1.30B | $-2.95B | $3.90B | $1.84B | $-1.52B | $-5.17B | |
| Net Change in Cash | $-15M | $48M | $-91M | $171M | $-128M | $106M | $-499M | $580M | $-110M | $-165M | $293M | $19M | $123M | $-247M | $-340M | $38M | |
| Free Cash Flow | · | $270M | · | · | · | $340M | · | · | · | · | · | · | · | · | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 30.4% | 30.4% | · | 29.5% | 29.0% | 26.9% | · | 26.4% | 2211.1% | 23.4% | · | 17.6% | 31.6% | 29.2% | · | 30.3% | |
| Pretax Margin | 38.3% | 39.7% | · | 38.7% | 37.2% | 35.1% | · | 34.0% | 2888.9% | 31.0% | · | 24.9% | 41.3% | 38.5% | · | 39.5% | |
| EBITDA Margin | 2.2% | 2.5% | · | 0.67% | 2.4% | 2.6% | · | · | · | · | · | · | · | · | · | · | |
| ROA | 0.32% | 0.32% | · | 0.32% | 0.29% | 0.27% | · | 0.26% | 0.24% | 0.24% | · | 0.17% | 0.38% | 0.30% | · | 0.31% | |
| ROE | 3.0% | 2.9% | · | 2.9% | 2.7% | 2.5% | · | 2.5% | 2.3% | 2.2% | · | 1.7% | 3.8% | 2.9% | · | 3.3% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.3 | 0.5 | · | 0.5 | 0.4 | 0.4 | · | 0.3 | 0.5 | 0.3 | · | 0.3 | 0.8 | 0.8 | · | 0.2 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $19.34 | $19.28 | · | $17.88 | $17.61 | $17.25 | · | $16.95 | $16.13 | $16.18 | · | $15.21 | · | · | · | · | |
| Revenue / Share | $1.85 | $1.77 | · | $1.74 | $1.62 | $1.55 | · | $1.54 | $0.02 | $1.47 | · | $1.39 | $1.84 | $1.50 | · | $1.53 | |
| Cash Flow / Share | · | $0.57 | · | · | · | $0.67 | · | · | · | $1.50 | · | · | · | $-0.12 | · | · | |
| Dividend / Share | $0.17 | $0.17 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | $0.15 | |
| EPS (TTM) | $2.08 | $1.99 | · | $1.65 | $1.55 | $1.44 | · | $1.39 | $1.22 | $1.44 | · | $1.67 | $1.89 | $1.62 | · | $1.48 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $3.53B | $3.47B | · | $3.26B | $3.20B | $3.18B | · | · | · | · | · | · | · | · | · | · | |
| Net Income TTM | $1.05B | $1.03B | · | $887M | $843M | $801M | · | $793M | $712M | $838M | · | $979M | $1.11B | $956M | · | $860M | |
| Market Cap | $12.15B | $10.83B | · | $11.31B | $10.79B | $9.85B | · | $8.26B | $8.47B | $8.45B | · | $6.16B | · | · | · | · | |
| P/E | 12.3 | 11.4 | · | 13.7 | 13.7 | 13.5 | · | 11.2 | 12.9 | 10.7 | · | 6.6 | 6.0 | 11.0 | · | 15.5 | |
| P/S | 3.4 | 3.1 | · | 3.5 | 3.4 | 3.1 | · | · | · | · | · | · | · | · | · | · | |
| P/B | 1.3 | 1.2 | · | 1.3 | 1.2 | 1.1 | · | 0.9 | 1.0 | 1.0 | · | 0.7 | · | · | · | · | |
| P / Tangible Book | 1.6 | 1.4 | · | 1.5 | 1.5 | 1.4 | · | 1.1 | 1.2 | 1.2 | · | 0.9 | · | · | · | · | |
| P / Cash Flow | · | 38.9 | · | · | · | 28.2 | · | · | · | 10.1 | · | · | · | · | · | · | |
| Dividend Yield | 2.6% | 2.8% | · | 2.8% | 3.0% | 3.3% | · | 4.1% | 4.0% | 4.0% | · | 5.4% | · | · | · | · | |
| Earnings Yield | 8.1% | 8.7% | · | 7.3% | 7.3% | 7.4% | · | 8.9% | 7.7% | 9.3% | · | 15.2% | 16.8% | 9.1% | · | 6.5% | |
| Payout Ratio | · | 27.9% | · | · | · | 36.7% | · | · | · | 44.3% | · | · | · | 33.1% | · | · | |
| Annual Payout | $312M | $307M | · | $318M | $323M | $327M | · | $336M | $339M | $337M | · | $332M | $329M | $325M | · | $324M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $3.42B | $3.19B | $3.47B | $3.21B | · |
| Net Income | $982M | $775M | $897M | $900M | $999M |
| Diluted EPS | $1.87 | $1.36 | $1.54 | $1.53 | $1.74 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.4 | 0.4 | 0.3 | 0.3 | · |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $595M | $1.22B | $1.26B | $2.29B | · |
Institutional owners (13F) 721 filers · $11.4B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 84 (-23 vs prior Q) | 48 (-6 vs prior Q) | 230 (-2 vs prior Q) | 247 (+30 vs prior Q) | -7.7M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| BlackRock, Inc. | $1,505,238,951 | 58,706,667 | 13.15% | Shares |
| VANGUARD GROUP INC | $1,158,514,643 | 48,473,416 | 10.12% | Shares |
| Bank of New York Mellon Corp | $747,445,391 | 29,151,537 | 6.53% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $574,885,978 | 22,421,450 | 5.02% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $548,493,213 | 21,392,091 | 4.79% | Shares |
| STATE STREET CORP | $474,644,618 | 18,390,057 | 4.15% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $420,037,024 | 16,382,049 | 3.67% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $325,122,595 | 14,284,824 | 2.84% | Shares |
| North Reef Capital Management LP | $235,920,204 | 9,201,256 | 2.06% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $232,164,714 | 9,052,528 | 2.03% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $224,863,411 | 8,832,027 | 1.96% | Shares |
| CITADEL ADVISORS LLC | $207,196,245 | 8,080,977 | 1.81% | Shares |
| Artemis Investment Management LLP | $184,013,716 | 7,176,822 | 1.61% | Shares |
| FMR LLC | $164,829,929 | 6,428,624 | 1.44% | Shares |
| MILLENNIUM MANAGEMENT LLC | $158,244,157 | 6,171,769 | 1.38% | Shares |
| NORGES BANK | $156,396,462 | 6,099,706 | 1.37% | Shares |
| MORGAN STANLEY | $138,962,278 | 5,419,743 | 1.21% | Shares |
| Invesco Ltd. | $128,005,982 | 4,992,433 | 1.12% | Shares |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $123,282,838 | 4,808,223 | 1.08% | Shares |
| Clearbridge Investments, LLC | $119,469,850 | 4,659,511 | 1.04% | Shares |
| FIL Ltd | $111,204,218 | 4,337,138 | 0.97% | Shares |
| NORTHERN TRUST CORP | $109,956,372 | 4,288,470 | 0.96% | Shares |
| UBS Group AG | $99,595,950 | 3,884,397 | 0.87% | Shares |
| BANK OF AMERICA CORP /DE/ | $96,738,659 | 3,772,959 | 0.85% | Shares |
| Qube Research & Technologies Ltd | $94,933,587 | 3,702,558 | 0.83% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $94,717,159 | 3,694,117 | 0.83% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $89,486,421 | 3,490,110 | 0.78% | Shares |
| Sculptor Capital LP | $84,612,000 | 3,300,000 | 0.74% | Shares |
| RAYMOND JAMES FINANCIAL INC | $84,332,895 | 3,289,115 | 0.74% | Shares |
| JPMORGAN CHASE & CO | $83,980,121 | 3,261,046 | 0.73% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $76,859,105 | 2,997,625 | 0.67% | Shares |
| Point72 Asset Management, L.P. | $64,140,947 | 2,501,597 | 0.56% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $58,754,753 | 2,291,527 | 0.51% | Shares |
| Holocene Advisors, LP | $57,422,524 | 2,239,568 | 0.50% | Shares |
| PRIMECAP MANAGEMENT CO/CA/ | $57,102,844 | 2,227,100 | 0.50% | Shares |
| GOLDMAN SACHS GROUP INC | $52,964,170 | 2,065,685 | 0.46% | Shares |
| JOHNSON INVESTMENT COUNSEL INC | $51,432,014 | 2,005,929 | 0.45% | Shares |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | $49,333,924 | 1,924,100 | 0.43% | Shares |
| ROYAL BANK OF CANADA | $47,104,000 | 1,837,145 | 0.41% | Shares |
| Cullen Capital Management, LLC | $46,972,384 | 1,831,996 | 0.41% | Shares |
| Bridgewater Associates, LP | $41,881,376 | 1,633,439 | 0.37% | Shares |
| Nuveen, LLC | $39,288,732 | 1,532,322 | 0.34% | Shares |
| MILLENNIUM MANAGEMENT LLC | $38,767,680 | 1,512,000 | 0.34% | Call option |
| Alyeska Investment Group, L.P. | $38,044,735 | 1,483,804 | 0.33% | Shares |
| Freestone Grove Partners LP | $35,527,271 | 1,385,619 | 0.31% | Shares |
| Fisher Asset Management, LLC | $33,921,854 | 1,323,005 | 0.30% | Shares |
| TUDOR INVESTMENT CORP ET AL | $33,266,387 | 1,297,441 | 0.29% | Shares |
| RHUMBLINE ADVISERS | $32,786,685 | 1,278,734 | 0.29% | Shares |
| Schonfeld Strategic Advisors LLC | $32,235,528 | 1,257,236 | 0.28% | Shares |
| BANK OF NOVA SCOTIA | $32,176,187 | 1,254,918 | 0.28% | Shares |
Company insiders 76 insiders · 38 officers · 40 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Bryan D Jordan | Chairman, President & CEO | May 12, 2026 F | 999,502 | 0 | 12 | $-2,054,189 |
| Hope Dmuchowski | Sr. EVP & CFO | May 12, 2026 F | 180,351 | 0 | 0 | $0 |
| William C Losch III | Sr. EVP and CFO | July 29, 2021 M | 383,208 | 0 | 0 | $0 |
| Marlin L Mosby III | EVP & CFO | April 20, 2007 A | 2,839 | 0 | 0 | $0 |
| Michael J Brown | President - Regional Banking | July 1, 2021 F | 643,789 | 0 | 0 | $0 |
| Michael E Kisber | President-FHN Financial | April 27, 2020 A | 466,422 | 0 | 0 | $0 |
| Charles G Burkett | President - Banking | June 24, 2011 A | 284,311 | 0 | 0 | $0 |
| Frank Gusmus | President-FTN Financial | Dec. 31, 2010 A | 242,336 | 0 | 0 | $0 |
| Peter F Makowiecki | President, Mortgage Banking | Aug. 31, 2008 D | 6,234 | 0 | 0 | $0 |
| Mark A Medford | President, FTN Financial | Aug. 5, 2008 D | 393 | 0 | 0 | $0 |
| Jimmie L Hughes | President-FTN Financial | April 21, 2006 A | 134,827 | 0 | 0 | $0 |
| Tammy Locascio | SEVP, Chief Operating Officer | May 12, 2026 F | 391,859 | 0 | 0 | $0 |
| Larry B Martin | COO-First Tenn Financial Svcs | June 30, 2006 F | 57,237 | 0 | 0 | $0 |
| Elizabeth A Ardoin | SEVP, Chief Communications Ofc | Aug. 20, 2026 M | 340,368 | 0 | 5 | $-455,207 |
| Ashley W Argo | Sr EVP, Chief Risk Officer | May 12, 2026 F | 41,593 | 0 | 0 | $0 |
| Tanya L Hart | SEVP & Chief Human Rsrce Ofcr | May 12, 2026 F | 59,810 | 0 | 0 | $0 |
| Thomas Hung | Sr EVP & Chief Credit Officer | May 12, 2026 F | 65,644 | 0 | 0 | $0 |
| Jeff L. Fleming | EVP & Chief Accounting Officer | May 12, 2026 F | 131,661 | 0 | 1 | $-165,637 |
| Anthony J Restel | SEVP, Chief Banking Officer | May 12, 2026 F | 658,235 | 0 | 2 | $-139,217 |
| Thomas Lang Wiseman | Sr EVP, General Counsel | Feb. 11, 2026 A | 20,303 | 0 | 0 | $0 |
| David T Popwell | SEVP Sr Strategic Executive | Nov. 4, 2025 S | 307,432 | 0 | 1 | $-3,306,225 |
| Susan L Springfield | Sr EVP & Chief Credit Officer | May 13, 2024 F | 340,175 | 0 | 0 | $0 |
| Terry Lawson Akins | Sr. EVP, Chief Risk Officer | May 13, 2024 F | 184,985 | 0 | 0 | $0 |
| Daryl G Byrd | Executive Chairman of Board | June 9, 2022 M | 1,732,685 | 0 | 0 | $0 |
| Yousef A. Valine | EVP, Chief Op. & Risk Officer | May 12, 2020 F | 196,679 | 0 | 0 | $0 |
| Charles T Tuggle Jr | EVP and General Counsel | May 12, 2020 F | 268,352 | 0 | 0 | $0 |
| John M Daniel | EVP & Chief HR Officer | May 12, 2020 F | 240,809 | 0 | 0 | $0 |
| Christine B Munson | EVP-Corporate Banking | Dec. 27, 2012 A | 118,883 | 0 | 0 | $0 |
| Gregory D Jardine | EVP & Chief Credit Officer | Dec. 27, 2012 A | 54,132 | 0 | 0 | $0 |
| James F Keen | EVP & Chief Accounting Officer | Dec. 30, 2011 F | 129,169 | 0 | 0 | $0 |
| Greg J Olivier | EVP and Chief Credit Officer | May 7, 2010 A | 144,950 | 0 | 0 | $0 |
| Herbert H Hilliard | EVP, Risk Management | July 6, 2009 S | 65,747 | 0 | 0 | $0 |
| Marion L Mcdougall | EVP Enterprise Ops and Tech | Aug. 31, 2008 D | 224 | 0 | 0 | $0 |
| Sarah L Meyerrose | Pres., Emerging Nat'l Business | July 28, 2008 I | 29,937 | 0 | 0 | $0 |
| John P Oconnor JR | EVP & Chief Credit Officer | April 20, 2007 A | 176,823 | 0 | 0 | $0 |
| Harry A Johnson III | EVP & General Counsel | April 20, 2007 A | 47,991 | 0 | 0 | $0 |
| Elbert L Thomas JR | EVP & Interest Rate Risk Mgr | April 21, 2006 A | 63,148 | 0 | 0 | $0 |
| John H Hamilton | EVP, Product Mgmt/Delivery Sys | March 4, 2005 F | 38,840 | 0 | 0 | $0 |
| Velia Carboni | Director | May 5, 2026 A | 46,626 | 0 | 0 | $0 |
| Sital K Mody | Director | May 5, 2026 A | 9,273 | 0 | 0 | $0 |
| Sr James Michael Kemp | Director | May 5, 2026 A | 70,682 | 0 | 0 | $0 |
| Ricky E Maples | Director | May 5, 2026 A | 130,835 | 0 | 0 | $0 |
| Jeffrey Jonathan Brown | Director | May 5, 2026 A | 32,427 | 0 | 0 | $0 |
| Cecelia D. Stewart | Director | May 5, 2026 A | 88,772 | 0 | 0 | $0 |
| Wendy P Davidson | Director | May 5, 2026 A | 102,729 | 0 | 0 | $0 |
| John C Compton | Director | May 5, 2026 A | 178,856 | 0 | 0 | $0 |
| John W Dietrich | Director | May 5, 2026 A | 25,305 | 0 | 0 | $0 |
| Michael L Moehn | Director | May 5, 2026 A | 10,714 | 0 | 0 | $0 |
| Vicki R Palmer | Director | May 5, 2026 A | 118,771 | 0 | 0 | $0 |
| Eugene R Taylor | Director | May 6, 2025 A | 622,609 | 0 | 0 | $0 |
| Colin V Reed | Director | May 6, 2025 A | 216,271 | 0 | 0 | $0 |
| Harry V Barton JR | Director | Nov. 12, 2024 S | 166,840 | 0 | 0 | $0 |
| Rosa Sugranes | Director | April 29, 2024 A | 56,503 | 0 | 0 | $0 |
| William H Fenstermaker | Director | June 7, 2023 P | 256,312 | 0 | 0 | $0 |
| Stewart E Shea III | Director | May 2, 2023 A | 111,055 | 0 | 0 | $0 |
| John N Casbon | Director | May 2, 2023 A | 113,548 | 0 | 0 | $0 |
| Rajesh Subramaniam | Director | May 3, 2022 A | 47,246 | 0 | 0 | $0 |
| Kenneth A Burdick | Director | May 3, 2022 A | 44,253 | 0 | 0 | $0 |
| Mark A Emkes | Director | April 28, 2020 A | 77,158 | 0 | 0 | $0 |
| Corydon J Gilchrist | Director | April 28, 2020 A | 84,363 | 0 | 0 | $0 |
| Luke Yancy III | Director | April 28, 2020 A | 65,348 | 0 | 0 | $0 |
| Scott M Niswonger | Director | March 13, 2020 P | 871,273 | 0 | 0 | $0 |
| Peter N Foss | Director | April 23, 2019 A | 50,130 | 0 | 0 | $0 |
| Brad R Martin | Director | Oct. 20, 2017 M | 479,203 | 0 | 0 | $0 |
| Robert B Carter | Director | Oct. 29, 2015 S | 42,311 | 0 | 0 | $0 |
| Vicky B Gregg | Director | May 1, 2015 A | 23,976 | 0 | 0 | $0 |
| James A Haslam III | Director | April 20, 2012 A | 95,839 | 0 | 0 | $0 |
| SANSOM WILLIAM B | Director | April 25, 2011 A | 37,415 | 0 | 0 | $0 |
| Michael D Rose | Director | April 25, 2011 A | 27,153 | 0 | 0 | $0 |
| Simon Cooper | Director | April 5, 2010 S | 9,313 | 0 | 0 | $0 |
| Gerald L Baker | Director | Oct. 13, 2008 S | 191,200 | 0 | 0 | $0 |
| Mary F Sammons | Director | Oct. 1, 2008 S | 8,278 | 0 | 0 | $0 |
| Robert C Blattberg | Director | Oct. 1, 2008 S | 11,088 | 0 | 0 | $0 |
| Kenneth J Glass | Director | Feb. 20, 2007 D | 394,689 | 0 | 0 | $0 |
| WARD JONATHAN P | Director | Dec. 19, 2006 J | 8,475 | 0 | 0 | $0 |
| George E Cates | Director | Jan. 3, 2005 A | · | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 85 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| CVSM · Elevation Series Trust | 2.00% | 73,473 NS | July 31, 2026 | N-PORT |
| IAT · iShares Trust | 1.96% | 515,263 SH | Sept. 11, 2026 | Daily |
| KBWB · Invesco Exchange-Traded Fund Trust … | 1.38% | 3,731,244 SH | Oct. 2, 2026 | Daily |
| XMVM · Invesco Exchange-Traded Fund Trust | 1.05% | 229,664 SH | Oct. 2, 2026 | Daily |
| XMLV · Invesco Exchange-Traded Fund Trust … | 0.99% | 296,938 SH | Oct. 2, 2026 | Daily |
| DVY · iShares Trust | 0.95% | 9,071,492 SH | Sept. 11, 2026 | Daily |
| FXO · First Trust Exchange-Traded AlphaDE… | 0.90% | 396,225 NS | July 31, 2026 | N-PORT |
| VAMO · Cambria ETF Trust | 0.89% | 37,838 NS | July 31, 2026 | N-PORT |
| DPST · Direxion Shares ETF Trust | 0.88% | 146,186 NS | July 31, 2026 | N-PORT |
| PGF · Invesco Exchange-Traded Fund Trust | 0.77% | 203,591 | Oct. 2, 2026 | Daily |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.70% | 407,524 SH | Aug. 19, 2026 | Daily |
| PGX · Invesco Exchange-Traded Fund Trust … | 0.62% | 1,047,486 | Oct. 2, 2026 | Daily |
| CZA · Invesco Exchange-Traded Fund Trust | 0.56% | 48,914 SH | Oct. 2, 2026 | Daily |
| DFAT · Dimensional ETF Trust | 0.54% | 3,023,326 NS | July 31, 2026 | N-PORT |
| BKDV · BNY Mellon ETF Trust II | 0.52% | 374,721 NS | July 31, 2026 | N-PORT |
| IQSM · New York Life Investments ETF Trust | 0.48% | 62,301 NS | July 31, 2026 | N-PORT |
| PKW · Invesco Exchange-Traded Fund Trust | 0.37% | 269,211 SH | Oct. 2, 2026 | Daily |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.35% | 62,530 SH | Oct. 2, 2026 | Daily |
| PTMC · Pacer Funds Trust | 0.34% | 52,051 NS | July 31, 2026 | N-PORT |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.33% | 766,981 SH | Aug. 19, 2026 | Daily |
| BKMC · BNY Mellon ETF Trust | 0.31% | 79,308 NS | July 31, 2026 | N-PORT |
| PFF · iShares Trust | 0.30% | 1,706,837 SH | Sept. 11, 2026 | Daily |
| FNK · First Trust Exchange-Traded AlphaDE… | 0.28% | 25,274 NS | July 31, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.28% | 14,249 NS | July 31, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.26% | 207,162 NS | July 31, 2026 | N-PORT |
| MIDU · Direxion Shares ETF Trust | 0.26% | 6,970 NS | July 31, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.26% | 6,909,140 SH | Aug. 19, 2026 | Daily |
| FSMD · FIDELITY COVINGTON TRUST | 0.25% | 240,239 NS | July 31, 2026 | N-PORT |
| VFMF · VANGUARD WELLINGTON FUND | 0.24% | 64,558 SH | Aug. 19, 2026 | Daily |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.22% | 120,516 NS | July 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.22% | 1,315,721 NS | July 31, 2026 | N-PORT |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.22% | 70,637 NS | July 31, 2026 | N-PORT |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.19% | 106,472 SH | Oct. 2, 2026 | Daily |
| ESML · iShares Trust | 0.19% | 217,276 SH | Sept. 11, 2026 | Daily |
| IYF · iShares Trust | 0.18% | 318,164 SH | Sept. 11, 2026 | Daily |
| ESSC · Strategy Shares | 0.18% | 2,525 NS | July 31, 2026 | N-PORT |
| SMMD · iShares Trust | 0.17% | 259,155 SH | Sept. 11, 2026 | Daily |
| IYG · iShares Trust | 0.16% | 144,786 SH | Sept. 11, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.16% | 500,443 NS | July 31, 2026 | N-PORT |
| VB · VANGUARD INDEX FUNDS | 0.15% | 10,885,270 SH | Aug. 19, 2026 | Daily |
| VXF · VANGUARD INDEX FUNDS | 0.14% | 5,449,343 SH | Aug. 19, 2026 | Daily |
| VFQY · VANGUARD WELLINGTON FUND | 0.14% | 25,958 SH | Aug. 19, 2026 | Daily |
| VFH · VANGUARD WORLD FUND | 0.14% | 777,757 SH | Aug. 19, 2026 | Daily |
| FNCL · FIDELITY COVINGTON TRUST | 0.14% | 125,458 NS | July 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.12% | 709,444 SH | Sept. 11, 2026 | Daily |
| WSML · iShares Trust | 0.11% | 29,544 SH | Sept. 11, 2026 | Daily |
| TILT · FlexShares Trust | 0.11% | 92,114 NS | July 31, 2026 | N-PORT |
| DIVB · iShares Trust | 0.09% | 74,716 SH | Sept. 11, 2026 | Daily |
| IWR · iShares Trust | 0.09% | 1,937,661 SH | Sept. 11, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.09% | 5,589 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.06% | 82,079 NS | July 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.06% | 13,355 NS | July 31, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.06% | 21,285 SH | Oct. 2, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.05% | 981,326 NS | July 31, 2026 | N-PORT |
| VYM · VANGUARD WHITEHALL FUNDS | 0.05% | 1,893,357 SH | Aug. 19, 2026 | Daily |
| DFUV · Dimensional ETF Trust | 0.05% | 296,148 NS | July 31, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.04% | 14,153 SH | Aug. 19, 2026 | Daily |
| IUSV · iShares Trust | 0.04% | 412,783 SH | Sept. 11, 2026 | Daily |
| IWD · iShares Trust | 0.03% | 1,050,837 SH | Sept. 11, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.03% | 131,383 SH | Oct. 2, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.03% | 285,639 SH | Aug. 19, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.03% | 23,719 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.02% | 113,342 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.02% | 15,050,397 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.02% | 78,474 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.02% | 40,100 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.02% | 107,049 SH | Aug. 19, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.02% | 148,623 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.02% | 137,657 SH | Sept. 11, 2026 | Daily |
| IYY · iShares Trust | 0.02% | 20,315 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.02% | 325,767 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.02% | 631,248 SH | Sept. 11, 2026 | Daily |
| NUSC · Nushares ETF Trust | 0.02% | 7,616 NS | July 31, 2026 | N-PORT |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.01% | 405,349 SH | Aug. 19, 2026 | Daily |
| FTLS · First Trust Exchange-Traded Fund III | -0.10% | -98,735 NS | July 31, 2026 | N-PORT |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| IJH · iShares Trust | · | 16,654,064 SH | Sept. 11, 2026 | Daily |
| IJJ · iShares Trust | · | 2,423,711 SH | Aug. 31, 2026 | Daily |
| XJH · iShares Trust | · | 64,837 SH | Sept. 8, 2026 | Daily |
| ISCB · iShares Trust | · | 21,905 SH | Sept. 11, 2026 | Daily |
| ISCV · iShares Trust | · | 105,301 SH | Sept. 11, 2026 | Daily |
| SMLF · iShares Trust | · | 127,001 SH | Sept. 11, 2026 | Daily |
FHN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
21 analysts · 2026-09-28Mean target $27.98 +19.5%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| FHN | $11.59B | 12.8 | 7.2% | 28.7% | 11.1% | · |
| RF | · | 11.8 | · | 28.6% | 11.4% | · |
| EWBC | $15.46B | 11.8 | 12.2% | 45.2% | 15.5% | · |
| PNFP | $7.41B | 11.8 | 18.3% | 31.2% | 9.5% | · |
| WTFC | $9.36B | 12.3 | 5.9% | 310.1% | 11.4% | · |
| ZION | $8.64B | 9.7 | 3.6% | 135.8% | 13.1% | · |
| UMBF | $8.74B | 12.4 | 62.8% | 26.5% | 9.4% | · |
| SSB | $9.33B | 12.0 | 56.1% | 29.8% | 8.9% | · |
| CFR | · | 12.8 | 8.3% | 29.0% | 14.8% | · |
| ONB | $8.69B | 12.5 | · | 26.5% | 8.1% | · |
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