Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.56
FHN's Cash to Debt is ranked higher than
67% of the 1274 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. FHN: 0.56 )
FHN' s 10-Year Cash to Debt Range
Min: 0.08   Max: 3.27
Current: 0.56

0.08
3.27
Equity to Asset 0.09
FHN's Equity to Asset is ranked higher than
60% of the 1589 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. FHN: 0.09 )
FHN' s 10-Year Equity to Asset Range
Min: 0.06   Max: 0.12
Current: 0.09

0.06
0.12
Interest Coverage 0.09
FHN's Interest Coverage is ranked lower than
56% of the 1350 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. FHN: 0.09 )
FHN' s 10-Year Interest Coverage Range
Min: 0.09   Max: 2.9
Current: 0.09

0.09
2.9
F-Score: 6
Z-Score: 0.16
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 0.68
FHN's Operating margin (%) is ranked lower than
53% of the 1455 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 30.05 vs. FHN: 0.68 )
FHN' s 10-Year Operating margin (%) Range
Min: -20.7   Max: 30.04
Current: 0.68

-20.7
30.04
Net-margin (%) 2.42
FHN's Net-margin (%) is ranked lower than
54% of the 1563 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 20.45 vs. FHN: 2.42 )
FHN' s 10-Year Net-margin (%) Range
Min: -13.28   Max: 21.39
Current: 2.42

-13.28
21.39
ROE (%) 1.34
FHN's ROE (%) is ranked higher than
51% of the 1547 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.96 vs. FHN: 1.34 )
FHN' s 10-Year ROE (%) Range
Min: -8.97   Max: 25.04
Current: 1.34

-8.97
25.04
ROA (%) 0.12
FHN's ROA (%) is ranked lower than
52% of the 1556 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.74 vs. FHN: 0.12 )
FHN' s 10-Year ROA (%) Range
Min: -1.04   Max: 1.93
Current: 0.12

-1.04
1.93
ROC (Joel Greenblatt) (%) 2.74
FHN's ROC (Joel Greenblatt) (%) is ranked lower than
51% of the 1430 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 78.30 vs. FHN: 2.74 )
FHN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -115.68   Max: 219.59
Current: 2.74

-115.68
219.59
Revenue Growth (%) -10.30
FHN's Revenue Growth (%) is ranked higher than
54% of the 1281 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. FHN: -10.30 )
FHN' s 10-Year Revenue Growth (%) Range
Min: -20.7   Max: 22.2
Current: -10.3

-20.7
22.2
EBITDA Growth (%) -16.70
FHN's EBITDA Growth (%) is ranked higher than
54% of the 1123 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.20 vs. FHN: -16.70 )
FHN' s 10-Year EBITDA Growth (%) Range
Min: -25.3   Max: 28
Current: -16.7

-25.3
28
» FHN's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

FHN Guru Trades in Q1 2013

Caxton Associates 50,000 sh (New)
HOTCHKIS & WILEY 6,900,329 sh (+20.42%)
Jeremy Grantham 63,900 sh (+3.21%)
RS Investment Management 12,560,233 sh (+1.86%)
Arnold Schneider 2,595,804 sh (-0.4%)
David Dreman 2,897,721 sh (-2.65%)
Steven Cohen 490,108 sh (-10.67%)
» More
Q2 2013

FHN Guru Trades in Q2 2013

Jim Simons 1,828,282 sh (New)
Arnold Schneider 3,612,407 sh (+39.16%)
HOTCHKIS & WILEY 9,153,829 sh (+32.66%)
Caxton Associates Sold Out
RS Investment Management 12,528,486 sh (-0.25%)
Jeremy Grantham 55,338 sh (-13.4%)
David Dreman 2,466,099 sh (-14.9%)
Steven Cohen 174,539 sh (-64.39%)
» More
Q3 2013

FHN Guru Trades in Q3 2013

Joel Greenblatt 13,095 sh (New)
HOTCHKIS & WILEY 10,263,529 sh (+12.12%)
Jim Simons 1,840,082 sh (+0.65%)
Jeremy Grantham Sold Out
RS Investment Management 11,261,571 sh (-10.11%)
Arnold Schneider 3,227,113 sh (-10.67%)
David Dreman 673,326 sh (-72.7%)
Steven Cohen 22,346 sh (-87.2%)
» More
Q4 2013

FHN Guru Trades in Q4 2013

HOTCHKIS & WILEY 12,690,155 sh (+23.64%)
RS Investment Management 13,028,456 sh (+15.69%)
David Dreman 770,660 sh (+14.46%)
Joel Greenblatt Sold Out
Jim Simons 1,690,182 sh (-8.15%)
Arnold Schneider 2,620,123 sh (-18.81%)
Steven Cohen 10,362 sh (-53.63%)
» More
» Details

Insider Trades

Latest Guru Trades with FHN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-12-31 Sold Out $10.65 - $11.68 $ 11.553%0
David Dreman 2013-09-30 Reduce -72.7%0.58%$11.05 - $12.55 $ 11.55-2%673326
Joel Greenblatt 2013-09-30 New Buy$11.05 - $12.55 $ 11.55-2%13095
David Dreman 2013-06-30 Reduce -14.9%0.12%$9.72 - $11.67 $ 11.557%2466099
David Dreman 2012-09-30 New Buy0.65%$7.91 - $10.23 $ 11.5531%2691086
Ray Dalio 2011-12-31 Sold Out 0.1%$5.63 - $8.25 $ 11.5563%0
John Paulson 2011-09-30 Sold Out 0.252%$5.96 - $9.72 $ 11.5551%0
Ray Dalio 2011-09-30 Add 79.15%0.04%$5.96 - $9.72 $ 11.5551%1142501
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of First Horizon National Corp

SymbolPriceYieldDescription
FHNPRA11.696.64

Ratios

vs
industry
vs
history
P/E(ttm) 122.90
FHN's P/E(ttm) is ranked lower than
69% of the 1452 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.70 vs. FHN: 122.90 )
FHN' s 10-Year P/E(ttm) Range
Min: 9.03   Max: 440.77
Current: 122.9

9.03
440.77
P/B 1.30
FHN's P/B is ranked higher than
55% of the 1477 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. FHN: 1.30 )
FHN' s 10-Year P/B Range
Min: 0.49   Max: 3.33
Current: 1.3

0.49
3.33
P/S 2.30
FHN's P/S is ranked higher than
67% of the 1640 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.88 vs. FHN: 2.30 )
FHN' s 10-Year P/S Range
Min: 0.44   Max: 2.65
Current: 2.3

0.44
2.65
PFCF 6.90
FHN's PFCF is ranked higher than
63% of the 940 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.90 vs. FHN: 6.90 )
FHN' s 10-Year PFCF Range
Min: 0.38   Max: 191.8
Current: 6.9

0.38
191.8
EV-to-EBIT 500.00
FHN's EV-to-EBIT is ranked lower than
78% of the 1410 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.82 vs. FHN: 500.00 )
FHN' s 10-Year EV-to-EBIT Range
Min: 8.4   Max: 475.4
Current: 500

8.4
475.4

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.70
FHN's Dividend Yield is ranked lower than
63% of the 1315 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.40 vs. FHN: 1.70 )
FHN' s 10-Year Dividend Yield Range
Min: 0.09   Max: 18.85
Current: 1.7

0.09
18.85
Dividend Payout 2.01
FHN's Dividend Payout is ranked lower than
69% of the 1131 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.32 vs. FHN: 2.01 )
FHN' s 10-Year Dividend Payout Range
Min: 0.08   Max: 2
Current: 2.01

0.08
2
Yield on cost (5-Year) 1.70
FHN's Yield on cost (5-Year) is ranked lower than
64% of the 1328 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.62 vs. FHN: 1.70 )
FHN' s 10-Year Yield on cost (5-Year) Range
Min: 0.09   Max: 18.85
Current: 1.7

0.09
18.85
Share Buyback Rate -0.60
FHN's Share Buyback Rate is ranked higher than
81% of the 1172 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -2.60 vs. FHN: -0.60 )
FHN' s 10-Year Share Buyback Rate Range
Min: 2   Max: -16
Current: -0.6

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.50
FHN's Price/Tangible Book is ranked higher than
58% of the 1362 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.24 vs. FHN: 1.50 )
FHN' s 10-Year Price/Tangible Book Range
Min: 0.99   Max: 8.83
Current: 1.5

0.99
8.83
Price/DCF (Projected) 0.20
FHN's Price/DCF (Projected) is ranked higher than
94% of the 904 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.60 vs. FHN: 0.20 )
FHN' s 10-Year Price/DCF (Projected) Range
Min: 0.13   Max: 2.79
Current: 0.2

0.13
2.79
Price/Median PS Value 1.20
FHN's Price/Median PS Value is ranked higher than
51% of the 1478 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. FHN: 1.20 )
FHN' s 10-Year Price/Median PS Value Range
Min: 0.41   Max: 1.99
Current: 1.2

0.41
1.99
Price/Graham Number 2.00
FHN's Price/Graham Number is ranked lower than
67% of the 1341 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.90 vs. FHN: 2.00 )
FHN' s 10-Year Price/Graham Number Range
Min: 0.82   Max: 2.85
Current: 2

0.82
2.85
Earnings Yield (Greenblatt) 0.20
FHN's Earnings Yield (Greenblatt) is ranked lower than
67% of the 1411 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.40 vs. FHN: 0.20 )
FHN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 11.9
Current: 0.2

0.2
11.9
Forward Rate of Return (Yacktman) 39.72
FHN's Forward Rate of Return (Yacktman) is ranked higher than
91% of the 1095 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.48 vs. FHN: 39.72 )
FHN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.9   Max: 140.9
Current: 39.72

0.9
140.9

Business Description

Industry: Banks » Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR » details
Traded in other countries:FT2.Germany
First Horizon National Corp is a Tennessee corporation, which was incorporated in 1968. It is a bank holding company. Through its subsidiary, First Tennessee Bank National Association and its other banking-related subsidiaries, At year-end 2012 the Company has four business segments: regional banking, capital markets, corporate, and non-strategic. The regional banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers in Tennessee and surrounding markets. Regional banking provides investments, financial planning, trust services and asset management, credit card, cash management, and first lien mortgage originations within the Tennessee footprint. Additionally, the regional banking segment includes correspondent banking which provides credit, depository, and other banking related services to other financial institutions; The capital markets segment consists of fixed income sales, trading, and strategies for institutional clients in the U.S. and abroad, as well as loan sales, portfolio advisory, and derivative sales; The corporate segment consists of gains on the extinguishment of debt, unallocated corporate expenses, expense on subordinated debt issuances and preferred stock, bank-owned life insurance, unallocated interest income associated with excess equity, net impact of raising incremental capital, revenue and expense associated with deferred compensation plans, funds management, low income housing investment activities, and various charges related to restructuring, repositioning, and efficiency; The nonstrategic segment consists of the wind-down national consumer lending activities, legacy mortgage banking elements including servicing fees, and the associated ancillary revenues and expenses related to these businesses. Non-strategic also includes the wind-down trust preferred loan portfolio and exited businesses along with the associated restructuring, repositioning, and efficiency charges. The Corporation and its subsidiaries face substantial competition in all aspects of the businesses in which they engage from national and state banks located in its Tennessee markets and out-of-state and non-U.S. banks as well as from savings and loan associations, credit unions, other financial institutions, consumer finance companies, trust companies, investment counseling firms, money market and other mutual funds, insurance companies and agencies, securities firms, mortgage banking companies and others. The Corporation is subject to the regulation and supervision of and examination by the Federal Reserve under the BHCA.

Personalized Checklist








Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide