Kenneth Burdick - First Horizon Independent Director
| FHN Stock | USD 20.93 0.76 3.77% |
Director
Mr. Kenneth A. Burdick is Independent Director of the Company. Mr. Burdick was the Chief Executive Officer of WellCare Health Plans, Inc., Tampa, Florida, a managed care company focusing exclusively on providing governmentsponsored managed care services, since 2015. He joined WellCare in 2014, serving initially as president, national health plans, and then as president and chief operating officer. Mr. Burdick served as the President and Chief Executive Officer of Blue Cross and Blue Shield of Minnesota from February 2012 to July 2012. From August 2010 to February 2012, he served as Chief Executive Officer of the Medicaid and Behavioral Health businesses of Coventry Health Care, Inc., and from October 1995 to May 2009, Mr. Burdick held a variety of positions with UnitedHealth Group, Inc. since 2019.
| Age | 62 |
| Tenure | 5 years |
| Address | 165 Madison Avenue, Memphis, TN, United States, 38103 |
| Phone | 901 523 4444 |
| Web | https://www.firsthorizon.com |
Kenneth Burdick Latest Insider Activity
Tracking and analyzing the buying and selling activities of Kenneth Burdick against First Horizon stock is an integral part of due diligence when investing in First Horizon. Kenneth Burdick insider activity provides valuable insight into whether First Horizon is net buyers or sellers over its current business cycle. Note, First Horizon insiders must abide by specific rules, including filing SEC forms every time they buy or sell First Horizon'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Kenneth Burdick over three months ago Acquisition by Kenneth Burdick of 452 shares of Centene Corp subject to Rule 16b-3 | ||
Kenneth Burdick over six months ago Acquisition by Kenneth Burdick of 388 shares of Centene Corp subject to Rule 16b-3 | ||
Kenneth Burdick over six months ago Disposition of 214605 shares by Kenneth Burdick of Lifestance Health at 6.28 subject to Rule 16b-3 |
First Horizon Management Efficiency
As of the 25th of November 2024, Return On Equity is likely to grow to 0.13, while Return On Tangible Assets are likely to drop 0.01. At this time, First Horizon's Asset Turnover is very stable compared to the past year. First Horizon's management efficiency ratios could be used to measure how well First Horizon manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
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Management Performance
| Return On Equity | 0.0898 | ||||
| Return On Asset | 0.0098 |
First Horizon National Leadership Team
Elected by the shareholders, the First Horizon's board of directors comprises two types of representatives: First Horizon inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Horizon's management team and ensure that shareholders' interests are well served. First Horizon's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Horizon's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Elizabeth Ardoin, Senior Executive Vice President, Chief Communications Officer of First Horizon and the Bank | ||
| David Jordan, Chairman of the Board, President and Chief Executive Officer of First Horizon and the Bank | ||
| William Fenstermaker, Independent Director | ||
| John Daniel, Executive Vice President Chief Human Resources Officer of the Corporation and the Bank | ||
| John Compton, Independent Director | ||
| Erin Pryor, Executive Vice President Chief Marketing Officer | ||
| Tammy LoCascio, Senior Executive Vice President, Chief Human Resources Officer of First Horizon and the Bank | ||
| Jeff Fleming, Executive Vice President, Chief Accounting Officer, Corporate Controller of First Horizon and the Bank | ||
| Harry Barton, Independent Director | ||
| Rosa Sugranes, Independent Director | ||
| Tanya Hart, Chief Human Resource Officer | ||
| William Losch, Chief Financial Officer, Senior Executive Vice President of First Horizon and the Bank | ||
| Tony Adams, Market Orleans | ||
| Colin Reed, Lead Independent Director | ||
| J Kemp, Independent Director | ||
| Susan Springfield, Senior Executive Vice President, Chief Credit Officer of First Horizon and the Bank | ||
| R Taylor, Vice Chairman of the Board of First Horizon and the Bank | ||
| Key Coker, President - Dallas/Fort Worth Market | ||
| Luke Yancy, Independent Director | ||
| Yousef Valine, Chief Operating Officer, Executive Vice President, Chief Risk Officer of the Corporation and the Bank | ||
| Cecelia Stewart, Director of the Corporation and the Bank | ||
| John Casbon, Independent Director | ||
| Dane Smith, Senior Vice President Corporate Treasurer | ||
| Rick Maples, Independent Director | ||
| Clyde Billings, Senior Vice President Assistant General Counsel, Corporate Secretary | ||
| Terry Akins, Senior Executive Vice President, Chief Risk Officer of First Horizon and the Bank | ||
| Vicki Palmer, Independent Director | ||
| Mark Emkes, Independent Director | ||
| Ricky Maples, Independent Director | ||
| Anthony Hood, Equity Diversity | ||
| Mohan Sankararaman, Executive Officer | ||
| Vernon Stafford, Senior Executive | ||
| Bryan Jordan, Chairman, CEO and President Member of Executive and Risk Committee, Chairman of First Tennessee Bank National Association, CEO of First Tennessee Bank National Association and President of First Tennessee Bank National Association, | ||
| JMichael Kemp, Independent Director | ||
| Michael Kisber, President of FTN Financial and President of FTN Financial - First Tennessee Bank National Association | ||
| Michael Brown, President - Regional Banking of First Horizon and the Bank | ||
| Natalie Flanders, Senior Relations | ||
| Rajesh Subramaniam, Independent Director | ||
| Kenneth Burdick, Independent Director | ||
| E Shea, Independent Director | ||
| Corydon Gilchrist, Independent Director | ||
| Anthony Restel, Interim Chief Financial Officer, Chief Operating Officer, Senior Executive Vice President of the Company and The Bank | ||
| Ellen Taylor, Ex Relations | ||
| David Popwell, President of Banking - First Tennessee Bank and COO of Banking - First Tennessee Bank | ||
| Wendy Davidson, Independent Director | ||
| Daryl Byrd, Executive Chairman of the Board of First Horizon and the Bank | ||
| Hunter Hill, Regional Bank | ||
| Charles Tuggle, Executive VP, General Counsel, Executive VP of First Tennessee Bank National Association and General Counsel of First Tennessee Bank National Association | ||
| Hope Dmuchowski, Chief Financial Officer, Senior Executive Vice President |
First Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Horizon a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0898 | ||||
| Return On Asset | 0.0098 | ||||
| Profit Margin | 0.26 % | ||||
| Operating Margin | 0.38 % | ||||
| Current Valuation | 10.82 B | ||||
| Shares Outstanding | 530.14 M | ||||
| Shares Owned By Insiders | 0.88 % | ||||
| Shares Owned By Institutions | 82.64 % | ||||
| Number Of Shares Shorted | 7.11 M | ||||
| Price To Earning | 16.74 X |
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
| 0.94 | AX | Axos Financial | PairCorr |
| 0.92 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.96 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against First Stock
| 0.61 | TFC-PO | Truist Financial | PairCorr |
| 0.59 | CFG-PE | Citizens Financial | PairCorr |
| 0.58 | TFC-PR | Truist Financial | PairCorr |
| 0.43 | WF | Woori Financial Group | PairCorr |
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.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. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Horizon. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Horizon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.734 | Dividend Share 0.6 | Earnings Share 1.37 | Revenue Per Share 5.604 | Quarterly Revenue Growth 0.186 |
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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. However, First Horizon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.