First Historical Balance Sheet

FHN Stock

USD 21.42 0.49 2.34%

Trend analysis of First Horizon National balance sheet accounts such as Short and Long Term Debt Total of 3.1 B or Total Current Liabilities of 21.3 B provides information on First Horizon's total assets, liabilities, and equity, which is the actual value of First Horizon National to its prevalent stockholders. By breaking down trends over time using First Horizon balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining First Horizon National latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Horizon National is a good buy for the upcoming year.

First Horizon Inventory

9.4 Million

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.

About First Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of First Horizon National at a specified time, usually calculated after every quarter, six months, or one year. First Horizon Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of First Horizon and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which First currently owns. An asset can also be divided into two categories, current and non-current.

First Horizon Balance Sheet Chart

At this time, First Horizon's Retained Earnings are very stable compared to the past year. As of the 25th of November 2024, Cash is likely to grow to about 1.9 B, while Short and Long Term Debt Total is likely to drop about 3.1 B.

Total Assets Common Stock Shares Outstanding Short Long Term Debt Total Total Current Liabilities

Add Fundamental

Total Assets

Total assets refers to the total amount of First Horizon assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in First Horizon National books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Current Liabilities

Total Current Liabilities is an item on First Horizon balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of First Horizon National are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from First Horizon's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into First Horizon National current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

	2021	2022	2023	2024 (projected)
Total Stockholder Equity	8.2B	8.3B	9.0B	9.4B
Total Current Liabilities	2.1B	2.5B	20.3B	21.3B

Total Stockholder Equity Total Current Liabilities

First Horizon balance sheet Correlations

	Total Assets	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Net Receivables	Other Current Assets	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Liab	Accounts Payable
Total Assets		0.96	0.69	-0.59	0.62	0.99	0.94	-0.42	0.93	0.59	0.98	-0.73	0.87	0.45	0.53	0.98	1.0	-0.26	0.84	0.94	-0.35	0.97	0.98	0.88	0.29	0.92
Common Stock Shares Outstanding	0.96		0.63	-0.5	0.68	0.97	0.92	-0.28	0.97	0.46	0.97	-0.74	0.85	0.28	0.61	0.95	0.96	-0.37	0.77	0.93	-0.44	0.98	0.97	0.82	0.28	0.9
Short Long Term Debt Total	0.69	0.63		-0.24	0.31	0.68	0.68	-0.07	0.56	0.32	0.71	-0.2	0.73	0.32	0.2	0.72	0.69	0.17	0.8	0.54	0.06	0.64	0.66	0.75	0.28	0.49
Other Current Liab	-0.59	-0.5	-0.24		-0.38	-0.61	-0.56	0.26	-0.58	-0.32	-0.59	0.66	-0.5	-0.24	-0.29	-0.61	-0.59	0.42	-0.65	-0.53	0.42	-0.59	-0.56	-0.5	0.21	-0.53
Total Current Liabilities	0.62	0.68	0.31	-0.38		0.69	0.79	0.18	0.8	-0.07	0.65	-0.48	0.67	-0.24	0.99	0.67	0.61	-0.51	0.61	0.7	-0.45	0.71	0.74	0.34	0.04	0.65
Total Stockholder Equity	0.99	0.97	0.68	-0.61	0.69		0.97	-0.3	0.96	0.48	0.99	-0.75	0.88	0.34	0.61	0.99	0.99	-0.35	0.86	0.93	-0.43	0.98	0.99	0.85	0.22	0.9
Property Plant And Equipment Net	0.94	0.92	0.68	-0.56	0.79	0.97		-0.19	0.93	0.38	0.95	-0.64	0.88	0.26	0.71	0.98	0.93	-0.3	0.84	0.88	-0.38	0.93	0.97	0.77	0.18	0.83
Net Debt	-0.42	-0.28	-0.07	0.26	0.18	-0.3	-0.19		-0.16	-0.96	-0.29	0.37	-0.11	-0.93	0.22	-0.27	-0.43	-0.26	-0.12	-0.36	-0.18	-0.29	-0.27	-0.45	-0.38	-0.43
Retained Earnings	0.93	0.97	0.56	-0.58	0.8	0.96	0.93	-0.16		0.32	0.95	-0.76	0.86	0.14	0.74	0.94	0.92	-0.5	0.8	0.93	-0.54	0.97	0.96	0.74	0.15	0.88
Cash	0.59	0.46	0.32	-0.32	-0.07	0.48	0.38	-0.96	0.32		0.48	-0.42	0.31	0.95	-0.14	0.47	0.61	0.27	0.35	0.51	0.17	0.47	0.46	0.6	0.46	0.57
Non Current Assets Total	0.98	0.97	0.71	-0.59	0.65	0.99	0.95	-0.29	0.95	0.48		-0.69	0.9	0.35	0.57	0.99	0.98	-0.28	0.86	0.91	-0.37	0.98	0.98	0.85	0.18	0.86
Non Currrent Assets Other	-0.73	-0.74	-0.2	0.66	-0.48	-0.75	-0.64	0.37	-0.76	-0.42	-0.69		-0.46	-0.25	-0.42	-0.71	-0.73	0.74	-0.55	-0.75	0.79	-0.73	-0.72	-0.63	-0.2	-0.76
Other Assets	0.87	0.85	0.73	-0.5	0.67	0.88	0.88	-0.11	0.86	0.31	0.9	-0.46		0.19	0.6	0.88	0.86	-0.15	0.81	0.82	-0.19	0.87	0.89	0.73	0.15	0.77
Cash And Short Term Investments	0.45	0.28	0.32	-0.24	-0.24	0.34	0.26	-0.93	0.14	0.95	0.35	-0.25	0.19		-0.31	0.35	0.47	0.44	0.25	0.3	0.28	0.29	0.3	0.52	0.33	0.34
Non Current Liabilities Total	0.53	0.61	0.2	-0.29	0.99	0.61	0.71	0.22	0.74	-0.14	0.57	-0.42	0.6	-0.31		0.59	0.52	-0.51	0.49	0.64	-0.44	0.64	0.67	0.25	0.04	0.59
Other Stockholder Equity	0.98	0.95	0.72	-0.61	0.67	0.99	0.98	-0.27	0.94	0.47	0.99	-0.71	0.88	0.35	0.59		0.98	-0.3	0.87	0.9	-0.4	0.96	0.98	0.85	0.2	0.86
Total Liab	1.0	0.96	0.69	-0.59	0.61	0.99	0.93	-0.43	0.92	0.61	0.98	-0.73	0.86	0.47	0.52	0.98		-0.25	0.83	0.94	-0.34	0.96	0.98	0.88	0.3	0.92
Total Current Assets	-0.26	-0.37	0.17	0.42	-0.51	-0.35	-0.3	-0.26	-0.5	0.27	-0.28	0.74	-0.15	0.44	-0.51	-0.3	-0.25		-0.22	-0.39	0.94	-0.36	-0.34	-0.13	0.07	-0.37
Short Term Debt	0.84	0.77	0.8	-0.65	0.61	0.86	0.84	-0.12	0.8	0.35	0.86	-0.55	0.81	0.25	0.49	0.87	0.83	-0.22		0.75	-0.26	0.83	0.83	0.72	0.09	0.71
Net Receivables	0.94	0.93	0.54	-0.53	0.7	0.93	0.88	-0.36	0.93	0.51	0.91	-0.75	0.82	0.3	0.64	0.9	0.94	-0.39	0.75		-0.4	0.95	0.96	0.79	0.39	0.99
Other Current Assets	-0.35	-0.44	0.06	0.42	-0.45	-0.43	-0.38	-0.18	-0.54	0.17	-0.37	0.79	-0.19	0.28	-0.44	-0.4	-0.34	0.94	-0.26	-0.4		-0.39	-0.4	-0.23	0.08	-0.35
Property Plant And Equipment Gross	0.97	0.98	0.64	-0.59	0.71	0.98	0.93	-0.29	0.97	0.47	0.98	-0.73	0.87	0.29	0.64	0.96	0.96	-0.36	0.83	0.95	-0.39		0.97	0.81	0.24	0.92
Common Stock Total Equity	0.98	0.97	0.66	-0.56	0.74	0.99	0.97	-0.27	0.96	0.46	0.98	-0.72	0.89	0.3	0.67	0.98	0.98	-0.34	0.83	0.96	-0.4	0.97		0.82	0.28	0.92
Common Stock	0.88	0.82	0.75	-0.5	0.34	0.85	0.77	-0.45	0.74	0.6	0.85	-0.63	0.73	0.52	0.25	0.85	0.88	-0.13	0.72	0.79	-0.23	0.81	0.82		0.29	0.78
Other Liab	0.29	0.28	0.28	0.21	0.04	0.22	0.18	-0.38	0.15	0.46	0.18	-0.2	0.15	0.33	0.04	0.2	0.3	0.07	0.09	0.39	0.08	0.24	0.28	0.29		0.45
Accounts Payable	0.92	0.9	0.49	-0.53	0.65	0.9	0.83	-0.43	0.88	0.57	0.86	-0.76	0.77	0.34	0.59	0.86	0.92	-0.37	0.71	0.99	-0.35	0.92	0.92	0.78	0.45

Click cells to compare fundamentals

First Horizon Account Relationship Matchups

First Horizon balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	43.3B	84.2B	89.1B	79.0B	81.7B	85.7B
Common Stock Shares Outstanding	315.7M	434.0M	551.2M	566.0M	561.7M	589.8M
Short Long Term Debt Total	3.6B	4.2B	3.7B	4.4B	4.0B	3.1B
Other Current Liab	(2.3B)	(2.2B)	(2.1B)	(2.5B)	(2.5B)	(2.4B)
Total Current Liabilities	2.3B	2.2B	2.1B	2.5B	20.3B	21.3B
Total Stockholder Equity	4.8B	8.0B	8.2B	8.3B	9.0B	9.4B
Property Plant And Equipment Net	455.0M	759M	665M	612M	899M	944.0M
Net Debt	1.9B	(5.7B)	(12.3B)	1.7B	1.7B	1.8B
Retained Earnings	1.8B	2.3B	2.9B	3.4B	4.0B	4.2B
Cash	1.1B	9.6B	16.1B	2.4B	1.0B	1.9B
Non Current Assets Total	7.8B	11.9B	13.5B	13.9B	13.7B	14.4B
Non Currrent Assets Other	(7.8B)	(11.9B)	(13.5B)	(13.9B)	(13.7B)	(13.0B)
Other Assets	29.9B	54.8B	50.8B	62.6B	66.7B	70.1B
Cash And Short Term Investments	5.6B	17.6B	24.8B	2.4B	1.2B	1.2B
Liabilities And Stockholders Equity	43.3B	84.2B	89.1B	79.0B	81.7B	85.7B
Non Current Liabilities Total	791.4M	1.7B	1.6B	2.5B	72.4B	76.0B
Other Stockholder Equity	2.9B	5.1B	4.7B	4.8B	5.4B	5.6B
Total Liab	38.2B	75.9B	80.6B	70.4B	72.4B	76.0B
Total Current Assets	5.6B	17.6B	24.8B	2.4B	1.2B	1.2B
Short Term Debt	2.3B	2.2B	2.1B	2.5B	2.5B	2.7B
Net Receivables	68.7M	38.9M	40.1M	57.3B	65.9B	69.2B
Other Current Assets	3.2B	11.4B	18.4B	4.5B	4.8B	4.5B
Property Plant And Equipment Gross	455.0M	759M	1.1B	1.1B	1.1B	1.2B
Common Stock Total Equity	194.7M	347M	333M	336M	386.4M	405.7M
Accumulated Other Comprehensive Income	(239.6M)	(140M)	(288M)	(1.4B)	(1.2B)	(1.1B)
Common Stock	194.7M	347M	333M	336M	349M	176.3M
Other Liab	647.2M	1.7B	1.6B	1.2B	1.0B	1.2B
Accounts Payable	49.5M	70.0B	74.9B	63.5B	73.0B	76.7B
Long Term Debt	1.4B	2.0B	1.6B	1.6B	1.2B	1.8B
Good Will	1.4B	1.4B	1.4B	1.5B	1.5B	1.6B
Short Term Investments	4.4B	8.0B	8.7B	10.0B	8.4B	8.8B
Inventory	(3.2B)	20M	10M	11M	9.9M	9.4M
Intangible Assets	130.2M	354M	298M	234M	186M	176.7M
Property Plant Equipment	472.8M	759M	665M	612M	703.8M	454.6M
Net Tangible Assets	3.1B	5.7B	5.9B	5.5B	6.3B	3.5B
Retained Earnings Total Equity	1.8B	2.3B	2.9B	3.4B	3.9B	4.1B
Long Term Debt Total	1.4B	2.0B	1.6B	1.9B	1.7B	1.7B
Capital Surpluse	2.9B	5.1B	4.7B	4.8B	5.6B	3.0B

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	Pair Corr
0.92	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.96	PB	Prosperity Bancshares Fiscal Year End 22nd of January 2025	Pair Corr

Moving against First Stock

0.61	TFC-PO	Truist Financial	Pair Corr
0.59	CFG-PE	Citizens Financial	Pair Corr
0.58	TFC-PR	Truist Financial	Pair Corr
0.43	WF	Woori Financial Group	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

Details

Is First Stock a good investment?

Details

What is First Horizon's Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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First Historical Balance Sheet

First Horizon Inventory

9.4 Million

About First Balance Sheet Analysis

First Horizon Balance Sheet Chart

Total Assets

Common Stock Shares Outstanding

Total Current Liabilities

First Horizon balance sheet Correlations

First Horizon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Horizon balance sheet Accounts

Pair Trading with First Horizon

Moving together with First Stock

Moving against First Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Total Stockholder Equity

Cash	- 0.96	Net Debt
Cash And Short Term Investments	- 0.93	Net Debt
Accounts Payable	- 0.76	Non Currrent Assets Other
Non Currrent Assets Other	- 0.76	Retained Earnings
Net Receivables	- 0.75	Non Currrent Assets Other
Non Currrent Assets Other	- 0.75	Total Stockholder Equity