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First Horizon FHN Price / book

Price / book at other companies

Bank of America logo
Bank of AmericaBAC
1.2×+0.1×
Wells Fargo & Company logo
Wells Fargo & CompanyWFC
1.4×+0.1×
Truist Financial logo
Truist FinancialTFC
0.9×
Regions Financial logo
Regions FinancialRF
1.2×+0.1×
Citizens Financial Group logo
Citizens Financial GroupCFG
+0.3×
First Citizens BancShares logo
First Citizens BancSharesFCNCA
-0.1×

Other financials

Income statement

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Revenue$862.0M+6.2%
Net income$262.0M+20.2%
EPS (diluted)$0.53+29.3%

Balance sheet

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Cash & equivalents$1.9B
Total debt$5.5B0.0%
Total equity$9.2B+4.8%
Total assets$84.1B+3.2%

Cash flow

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Operating cash flow$278.0M-20.3%
CapEx$8.0M-11.1%
Free cash flow$270.0M-20.6%

Valuation

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Market cap$11.78B+8.9%
P/E11.5×-2.0×
P/S3.4×0.0×

Profitability

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Net margin29.6%+4.4pp
FCF margin30.4%

Returns & leverage

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Return on equity11.5%+2.4pp
Debt / equity0.6×0.0×

Where this comes from

Calculated from First Horizon’s reported figures.

Based on the most recent quarter.

The official record: First Horizon’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Horizon's price / book?
First Horizon (FHN) reported price / book of 1.2× in Q1 2026.
How has First Horizon's price / book changed year-over-year?
First Horizon's price / book increased by 3.9% year-over-year, from 1.1× to 1.2×.
What is the long-term trend for First Horizon's price / book?
Over 5 years (2020 to 2025), First Horizon's price / book has grown at a 8.6% compound annual growth rate (CAGR), from 0.9× to 1.3×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.