Jul. 8 at 1:15 AM
Heads up alert! upcoming earnings on Wednesday, 7/16/2025 for
$FHN
Neutral (5.7)
Financial Analysis: First Horizon Corporation (NYSE: FHN) is navigating a challenging environment with mixed signals from its recent financial performance and market positioning.
The company's Q1 CY2025 results showed revenue stagnation at
$812 million, indicating a struggle to achieve top-line growth amid economic uncertainty.
However, the non-GAAP earnings per share (EPS) of
$0.42 surpassed analysts' expectations by 5.3%, highlighting effective cost management and operational efficiency.
Despite this, the company's price-to-earnings (P/E) ratio remains competitive when compared to its regional banking peers, suggesting that the stock may be undervalued relative to its earnings potential.
RBC Capital Markets has shown confidence in FHN by raising the price target from
$22 to
$24 after meetings with company executives, reflecting a positive long-term outlook.
This optimism is echoed by notable market commentators like Jim Cramer, who expressed strong support for the company, particularly in light of its strategic positioning post the TD Bank merger.
Additionally, FHN's recognition through multiple industry awards and its inclusion in the Forbes list of America's Best-In-State Banks fortifies its reputation as a robust institution.
Earnings Report Expectations:
First Horizon Corporation is set to release its Q2 financial results on July 16, 2025.
Analysts are keenly watching for signs of revenue recovery and further margin improvements.
Historically, the company has demonstrated resilience with a track record of meeting or exceeding earnings projections, as evidenced by the recent Q1 outperformance.
The upcoming report will be crucial in assessing the sustainability of cost-cutting measures and the effectiveness of deposit management strategies.
Consensus estimates suggest a cautious optimism for modest EPS growth, with the potential to positively influence the stock's trajectory if expectations are met or exceeded.
Sector Performance:
FHN operates within the regional banking sector, which has experienced mixed performance amid economic fluctuations.
The sector has been marked by a dichotomy of slow growth in some areas while others have seen buoyant earnings growth projections of around 14-15% annually.
This inconsistency reflects broader economic uncertainties and varying regional economic conditions.
Nevertheless, the banking sector remains a key component of the financial market landscape, with institutions like First Horizon continuing to play a pivotal role in regional economic development through strategic financial services and community engagement.
- Funds were net buyers of
$FHN during the previous reporting quarter.
- Top 3 funds with large holdings in
$FHN:
- Point72 Asset Management LP, MV:
$38MM. New position. Fund Rank: 89%
www.point72.com
- Maltese Capital Management LLC, MV:
$12MM. Fund Rank: 63%
www.maltesecap.com
- IEQ Capital LLC, MV:
$3MM. Fund Rank: 0%
- Last 10 days performance: 4%
- Last 30 days performance: 8%
- Last 90 days performance: 33%
Some of the latest news articles:
- Title: First Horizon Corporation Announces Redemption of Series B Preferred Stock and Corresponding Series B Depositary Shares
Publication Date: 7/2/2025 11:00:00 AM, Source: yahoo
URL: https://finance.yahoo.com/news/first-horizon-corporation-announces-redemption-110000389.html?.tsrc=rss
- Title: First Horizon Recognized on Forbes List of Best-In-State Banks
Publication Date: 7/1/2025 8:08:00 PM, Source: yahoo
URL: https://finance.yahoo.com/news/first-horizon-recognized-forbes-list-200800818.html?.tsrc=rss
- Title: 3 Reasons to Avoid FHN and 1 Stock to Buy Instead
Publication Date: 6/26/2025 4:03:35 AM, Source: yahoo
URL: https://finance.yahoo.com/news/3-reasons-avoid-fhn-1-040335076.html?.tsrc=rss
- Title: First Horizon Recognized by Dave Thomas Foundation as One of 100 Best Adoption-Friendly Workplaces
Publication Date: 6/25/2025 11:39:00 PM, Source: yahoo
URL: https://finance.yahoo.com/news/first-horizon-recognized-dave-thomas-233900359.html?.tsrc=rss
Follow us on stocktwits.com and Substack (chessgmstocks.substack.com). Not a financial advice. Not a trading signal.
