
FHN Stock Forecast & Price Target
FHN Analyst Ratings
Bulls say
First Horizon Corp demonstrated a strong financial performance, highlighted by a $34 million increase in net interest income, reaching $675 million, and a net interest margin (NIM) rise of 15 basis points to 3.55%, reflecting effective balance sheet management and favorable lending conditions. The company's core fee income grew by 13.2%, translating to an increase of $25 million quarter-over-quarter, driven by robust performance in mortgage banking and overall strength in the financial markets. Additionally, tangible book value (TBV) increased by 2.7% quarter-over-quarter to $13.94, with a significant remaining share buyback authorization of over $300 million, indicating strong capital management and a commitment to returning value to shareholders.
Bears say
First Horizon Corp's stock outlook is negatively impacted by unexpected comments regarding potential mergers and acquisitions, which caused a significant decline of over 9% in shares, overshadowing otherwise positive quarterly performance. The company's loan portfolio showed a decline of $202 million, largely driven by reductions in commercial real estate and mortgage warehouse loan balances, amidst a competitive environment and weak demand for loans. Additionally, the forecasted 6% earnings per share growth for 2026 is notably below the peer median growth rate of 12%, indicating weaker relative performance expectations.
This aggregate rating is based on analysts' research of First Horizon National and is not a guaranteed prediction by Public.com or investment advice.
FHN Analyst Forecast & Price Prediction
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