First Horizon Earnings Estimate

FHN Stock

USD 26.03 0.20 0.76%

The next projected EPS of First Horizon is estimated to be 0.5 with future projections ranging from a low of 0.45 to a high of 0.5322. First Horizon's most recent 12-month trailing earnings per share (EPS TTM) is at 1.86. Please be aware that the consensus of earnings estimates for First Horizon National is based on EPS before non-recurring items and includes expenses related to employee stock options.

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First Horizon is projected to generate 0.5 in earnings per share on the 31st of March 2026. First Horizon earnings estimates show analyst consensus about projected First Horizon National EPS (Earning Per Share). It derives the highest and the lowest estimates based on First Horizon's historical volatility. Many public companies, such as First Horizon, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing First Horizon's earnings estimates, investors can diagnose different trends across First Horizon's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, First Horizon's Pretax Profit Margin is very stable compared to the past year. As of the 10th of February 2026, Operating Profit Margin is likely to grow to 0.27, while Gross Profit is likely to drop about 1.7 B.

Build AI portfolio with First Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

First Horizon Earnings Estimation Breakdown

The calculation of First Horizon's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of First Horizon is estimated to be 0.5 with the future projection ranging from a low of 0.45 to a high of 0.5322. Please be aware that this consensus of annual earnings estimates for First Horizon National is based on EPS before non-recurring items and includes expenses related to employee stock options.

Last Reported EPS

0.52

0.45

Lowest

Expected EPS

0.5

0.53

Highest

First Horizon Earnings Projection Consensus

Suppose the current estimates of First Horizon's value are higher than the current market price of the First Horizon stock. In this case, investors may conclude that First Horizon is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and First Horizon's stock will quickly adjusts to the new information provided by the consensus estimate.

Number of Analysts	Historical Accuracy	Last Reported EPS		Estimated EPS for 31st of March 2026	Current EPS (TTM)
18	93.73%	0.52		0.5	1.86

First Horizon Earnings History

Earnings estimate consensus by First Horizon National analysts from Wall Street is used by the market to judge First Horizon's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we suggest analyzing not only First Horizon's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

First Horizon Quarterly Gross Profit

888 Million

At this time, First Horizon's Retained Earnings are very stable compared to the past year. As of the 10th of February 2026, Retained Earnings Total Equity is likely to grow to about 4.1 B, while Earnings Yield is likely to drop 0.07. As of the 10th of February 2026, Net Income Applicable To Common Shares is likely to grow to about 1 B, while Common Stock Shares Outstanding is likely to drop about 254.1 M.

Hype

Prediction

Low	Estimated	High
24.82	26.30	27.78

Details

Intrinsic

Valuation

Low	Real	High
23.43	28.36	29.84

Details

16 Analysts

Consensus

Low	Target	High
25.03	27.50	30.53

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Horizon. Your research has to be compared to or analyzed against First Horizon's peers to derive any actionable benefits. When done correctly, First Horizon's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in First Horizon National. Note that many institutional investors and large investment bankers can move markets due to the volume of First assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards First Horizon. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving First Horizon's stock price in the short term.

First Horizon Earnings per Share Projection vs Actual

Actual Earning per Share of First Horizon refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering First Horizon National predict the company's earnings will be in the future. The higher the earnings per share of First Horizon, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

First Horizon Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as First Horizon, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of First Horizon should always be considered in relation to other companies to make a more educated investment decision.

First Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact First Horizon's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2026-01-15	2025-12-31	0.46	0.52	0.06	13
2025-10-15	2025-09-30	0.45	0.51	0.06	13
2025-07-16	2025-06-30	0.42	0.45	0.03	7
2025-04-16	2025-03-31	0.4	0.42	0.02	5
2025-01-16	2024-12-31	0.39	0.43	0.04	10
2024-10-16	2024-09-30	0.38	0.42	0.04	10
2024-07-17	2024-06-30	0.37	0.36	-0.01	2
2024-04-17	2024-03-31	0.34	0.35	0.01	2
2024-01-18	2023-12-31	0.31	0.32	0.01	3
2023-10-18	2023-09-30	0.24	0.27	0.03	12
2023-07-19	2023-06-30	0.41	0.39	-0.02	4
2023-04-18	2023-03-31	0.47	0.45	-0.02	4
2023-01-18	2022-12-31	0.48	0.51	0.03	6
2022-10-18	2022-09-30	0.43	0.44	0.01	2
2022-07-19	2022-06-30	0.35	0.34	-0.01	2
2022-04-19	2022-03-31	0.35	0.38	0.03	8
2022-01-20	2021-12-31	0.38	0.48	0.1	26
2021-10-20	2021-09-30	0.41	0.5	0.09	21
2021-07-16	2021-06-30	0.44	0.58	0.14	31
2021-04-21	2021-03-31	0.37	0.51	0.14	37
2021-01-22	2020-12-31	0.34	0.46	0.12	35
2020-10-23	2020-09-30	0.23	0.35	0.12	52
2020-07-17	2020-06-30	0.21	0.2	-0.01	4
2020-04-21	2020-03-31	0.34	0.05	-0.29	85
2020-01-17	2019-12-31	0.42	0.47	0.05	11
2019-10-16	2019-09-30	0.42	0.43	0.01	2
2019-07-16	2019-06-30	0.36	0.42	0.06	16
2019-04-16	2019-03-31	0.35	0.35	0.0	0
2019-01-18	2018-12-31	0.36	0.35	-0.01	2
2018-10-16	2018-09-30	0.36	0.36	0.0	0
2018-07-17	2018-06-30	0.35	0.36	0.01	2
2018-04-13	2018-03-31	0.31	0.34	0.03	9
2018-01-19	2017-12-31	0.29	0.3	0.01	3
2017-10-13	2017-09-30	0.3	0.32	0.02	6
2017-07-14	2017-06-30	0.26	0.27	0.01	3
2017-04-13	2017-03-31	0.23	0.23	0.0	0
2017-01-13	2016-12-31	0.25	0.23	-0.02	8
2016-10-14	2016-09-30	0.25	0.27	0.02	8
2016-07-15	2016-06-30	0.23	0.24	0.01	4
2016-04-15	2016-03-31	0.2	0.2	0.0	0
2016-01-19	2015-12-31	0.21	0.19	-0.02	9
2015-10-16	2015-09-30	0.22	0.22	0.0	0
2015-07-17	2015-06-30	0.2	0.22	0.02	10
2015-04-17	2015-03-31	0.18	0.18	0.0	0
2015-01-23	2014-12-31	0.17	0.2	0.03	17
2014-10-17	2014-09-30	0.17	0.16	-0.01	5
2014-07-18	2014-06-30	0.16	0.18	0.02	12
2014-04-17	2014-03-31	0.15	0.19	0.04	26
2014-01-17	2013-12-31	0.18	0.21	0.03	16
2013-10-18	2013-09-30	0.19	0.19	0.0	0
2013-07-19	2013-06-30	0.19	0.17	-0.02	10
2013-04-19	2013-03-31	0.17	0.17	0.0	0
2013-01-18	2012-12-31	0.18	0.17	-0.01	5
2012-10-19	2012-09-30	0.19	0.1	-0.09	47
2012-07-20	2012-06-30	-0.49	-0.5	-0.01	2
2012-04-19	2012-03-31	0.13	0.12	-0.01	7
2012-01-20	2011-12-31	0.14	0.14	0.0	0
2011-10-17	2011-09-30	0.16	0.12	-0.04	25
2011-07-15	2011-06-30	0.11	0.15	0.04	36
2011-04-21	2011-03-31	0.04	0.09	0.05	125
2011-01-21	2010-12-31	0.01	-0.2	-0.21	2100
2010-10-15	2010-09-30	-0.01	0.07	0.08	800
2010-07-16	2010-06-30	-0.09	0.01	0.1	111
2010-04-16	2010-03-31	-0.15	-0.11	0.04	26
2010-01-19	2009-12-31	-0.22	-0.22	0.0	0
2009-10-16	2009-09-30	-0.31	-0.18	0.13	41
2009-07-17	2009-06-30	-0.3	-0.53	-0.23	76
2009-04-17	2009-03-31	-0.23	-0.35	-0.12	52
2009-01-16	2008-12-31	-0.33	-0.24	0.09	27
2008-10-17	2008-09-30	-0.12	-0.51	-0.39	325
2008-07-14	2008-06-30	-0.05	-0.09	-0.04	80
2008-04-17	2008-03-31	0.11	0.05	-0.06	54
2008-01-17	2007-12-31	-0.83	-1.6	-0.77	92
2007-10-18	2007-09-30	0.23	0.08	-0.15	65
2007-07-19	2007-06-30	0.49	0.33	-0.16	32
2007-04-18	2007-03-31	0.49	0.46	-0.03	6
2007-01-17	2006-12-31	0.52	0.5	-0.02	3
2006-10-18	2006-09-30	0.51	0.53	0.02	3
2006-07-19	2006-06-30	0.68	0.68	0.0	0
2006-04-19	2006-03-31	0.67	0.61	-0.06	8
2006-01-18	2005-12-31	0.7	0.72	0.02	2
2005-10-17	2005-09-30	0.72	0.75	0.03	4
2005-07-18	2005-06-30	0.72	0.7	-0.02	2
2005-04-21	2005-03-31	0.67	0.71	0.04	5
2005-01-19	2004-12-31	0.67	0.67	0.0	0
2004-10-21	2004-09-30	0.74	0.74	0.0	0
2004-07-21	2004-06-30	0.78	0.77	-0.01	1
2004-04-20	2004-03-31	0.73	0.77	0.04	5
2004-01-21	2003-12-31	0.75	0.75	0.0	0
2003-10-22	2003-09-30	0.76	0.76	0.0	0
2003-07-17	2003-06-30	0.74	0.75	0.01	1
2003-04-14	2003-03-31	0.69	0.76	0.07	10
2003-01-17	2002-12-31	0.64	0.67	0.03	4
2002-10-16	2002-09-30	0.58	0.61	0.03	5
2002-07-15	2002-06-30	0.56	0.58	0.02	3
2002-04-16	2002-03-31	0.51	0.56	0.05	9
2002-01-16	2001-12-31	0.53	0.59	0.06	11
2001-10-17	2001-09-30	0.51	0.55	0.04	7
2001-07-18	2001-06-30	0.41	0.42	0.01	2
2001-04-17	2001-03-31	0.35	0.37	0.02	5
2001-01-17	2000-12-31	0.44	0.46	0.02	4
2000-10-19	2000-09-30	0.41	0.42	0.01	2
2000-07-18	2000-06-30	0.35	0.35	0.0	0
2000-04-13	2000-03-31	0.24	0.25	0.01	4
2000-01-18	1999-12-31	0.46	0.45	-0.01	2
1999-10-14	1999-09-30	0.43	0.43	0.0	0
1999-07-14	1999-06-30	0.38	0.37	-0.01	2
1999-04-13	1999-03-31	0.33	0.33	0.0	0
1999-01-19	1998-12-31	0.41	0.42	0.01	2
1998-10-14	1998-09-30	0.37	0.39	0.02	5
1998-07-14	1998-06-30	0.33	0.33	0.0	0
1998-04-14	1998-03-31	0.28	0.29	0.01	3
1998-01-20	1997-12-31	0.38	0.37	-0.01	2
1997-10-15	1997-09-30	0.34	0.35	0.01	2
1997-07-15	1997-06-30	0.3	0.3	0.0	0
1997-04-14	1997-03-31	0.25	0.25	0.0	0
1997-01-21	1996-12-31	0.34	0.33	-0.01	2
1996-10-17	1996-09-30	0.31	0.3	-0.01	3
1996-07-15	1996-06-30	0.27	0.26	-0.01	3
1996-04-15	1996-03-31	0.24	0.23	-0.01	4

About First Horizon Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of First Horizon earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current First Horizon estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as First Horizon fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'

Please read more on our stock advisor page.

	Last Reported	Projected for Next Year
Retained Earnings	5 B	5.3 B
Retained Earnings Total Equity	3.9 B	4.1 B
Earning Assets	31.9 B	33.5 B
Earnings Yield	0.08	0.07
Price Earnings Ratio	11.94	10.11
Price Earnings To Growth Ratio	0.31	0.33

Pair Trading with First Horizon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Horizon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Horizon will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

0.9	BIRG	Bank of Ireland	Pair Corr
0.93	AX	Axos Financial	Pair Corr
0.67	FFIN	First Financial Bank Normal Trading	Pair Corr

Moving against First Stock

0.8	3YB	Postal Savings Bank	Pair Corr
0.4	BBC	BNK Banking	Pair Corr

The ability to find closely correlated positions to First Horizon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Horizon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Horizon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Horizon National to buy it.

The correlation of First Horizon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Horizon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Horizon National moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for First Horizon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether First Horizon National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Horizon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Horizon National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Horizon National Stock:

How To Invest In First

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Is First Stock a good investment?

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What is First Horizon's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Will Regional Banks sector continue expanding? Could First diversify its offerings? Factors like these will boost the valuation of First Horizon. Market participants price First higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every First Horizon data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.

Quarterly Earnings Growth

0.749

Dividend Share

0.6

Earnings Share

1.86

Revenue Per Share

6.644

Quarterly Revenue Growth

0.237

The market value of First Horizon National is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Horizon's value that differs from its market value or its book value, called intrinsic value, which is First Horizon's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because First Horizon's market value can be influenced by many factors that don't directly affect First Horizon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between First Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Horizon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, First Horizon's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

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First Horizon Earnings Estimate

First Horizon Earnings Estimation Breakdown

First Horizon Earnings Projection Consensus

First Horizon Earnings History

First Horizon Quarterly Gross Profit

888 Million

First Horizon Earnings per Share Projection vs Actual

First Horizon Estimated Months Earnings per Share

First Quarterly Analyst Estimates and Surprise Metrics

About First Horizon Earnings Estimate

Pair Trading with First Horizon

Moving together with First Stock

Moving against First Stock

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