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GuruFocus Financial Strength Rank measures how strong a companyย’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 : 4/10

vs
industry
vs
history
Cash to Debt 0.309
FHN's Cash to Debt is ranked lower than
67% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.85 vs. FHN: 0.309 )
FHN' s 10-Year Cash to Debt Range
Min: 0.08   Max: 0.87
Current: 0.31

0.08
0.87
Equity to Asset 0.076
FHN's Equity to Asset is ranked lower than
57% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. FHN: 0.076 )
FHN' s 10-Year Equity to Asset Range
Min: 0.02   Max: 0.1
Current: 0.08

0.02
0.1
Interest Coverage No Debt
FHN's Interest Coverage is ranked lower than
52% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10000.00 vs. FHN: No Debt )
FHN' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt

F-Score: 3
Z-Score: 0.24
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’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.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

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 (%) -7.50
FHN's Operating margin (%) is ranked lower than
69% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 25.80 vs. FHN: -7.50 )
FHN' s 10-Year Operating margin (%) Range
Min: -20.9   Max: 30
Current: -7.5

-20.9
30
Net-margin (%) -2
FHN's Net-margin (%) is ranked lower than
75% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 18.10 vs. FHN: -2 )
FHN' s 10-Year Net-margin (%) Range
Min: -13.4   Max: 21.4
Current: -2

-13.4
21.4
ROE (%) -1.3
FHN's ROE (%) is ranked lower than
63% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.80 vs. FHN: -1.3 )
FHN' s 10-Year ROE (%) Range
Min: -9   Max: 25
Current: -1.3

-9
25
ROA (%) -0.1
FHN's ROA (%) is ranked lower than
60% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. FHN: -0.1 )
FHN' s 10-Year ROA (%) Range
Min: -1   Max: 1.9
Current: -0.1

-1
1.9
Revenue Growth (%) -10.6
FHN's Revenue Growth (%) is ranked lower than
66% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.70 vs. FHN: -10.6 )
FHN' s 10-Year Revenue Growth (%) Range
Min: -16.3   Max: 10.8
Current: -10.6

-16.3
10.8
EPS Growth (%) -47.1
FHN's EPS Growth (%) is ranked lower than
92% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.40 vs. FHN: -47.1 )
FHN' s 10-Year EPS Growth (%) Range
Min: -47.1   Max: 19.6
Current: -47.1

-47.1
19.6
ยป FHN's 10-Y Financials

Financials


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

» Details

Guru Trades

Q2 2012

FHN Guru Trades in Q2 2012

Jeremy Grantham 51,300 sh (New)
Pioneer Investments 2,031,240 sh (New)
HOTCHKIS & WILEY 4,634,229 sh (+84.09%)
Andreas Halvorsen Sold Out
Arnold Schneider 2,241,969 sh (-4.84%)
Jim Simons 1,058,782 sh (-7.23%)
RS Investment Management 17,468,793 sh (-15.35%)
Steven Cohen 117,456 sh (-64.59%)
» More
Q3 2012

FHN Guru Trades in Q3 2012

David Dreman 2,691,086 sh (New)
Jeremy Grantham 80,215 sh (+56.36%)
HOTCHKIS & WILEY 5,736,729 sh (+23.79%)
Arnold Schneider 2,418,984 sh (+7.9%)
Pioneer Investments Sold Out
Jim Simons Sold Out
RS Investment Management 15,747,122 sh (-9.86%)
Steven Cohen 27,165 sh (-76.87%)
» More
Q4 2012

FHN Guru Trades in Q4 2012

Steven Cohen 548,666 sh (+1919.75%)
David Dreman 2,976,666 sh (+10.61%)
Arnold Schneider 2,606,234 sh (+7.74%)
Jeremy Grantham 61,915 sh (unchged)
HOTCHKIS & WILEY 5,730,429 sh (-0.11%)
RS Investment Management 12,331,460 sh (-21.69%)
» More
Q1 2013

FHN Guru Trades in Q1 2013

Bruce Kovner 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
» Details

Insider Trades

Latest Guru Trades with FHN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
HOTCHKIS & WILEY 2013-03-31 Add 20.42%0.06%$9.91 - $11.26 $ 11.368%6900329
Arnold Schneider 2012-12-31 Add 7.74%0.17%$9 - $10.16 $ 11.3619%2606234
David Dreman 2012-09-30 New Buy0.65%$7.91 - $10.23 $ 11.3629%2691086
Arnold Schneider 2012-09-30 Add 7.9%0.15%$7.91 - $10.23 $ 11.3629%2418984
HOTCHKIS & WILEY 2012-09-30 Add 23.79%0.06%$7.91 - $10.23 $ 11.3629%5736729
Andreas Halvorsen 2012-06-30 Sold Out 0.36%$7.57 - $10.51 $ 11.3628%0
HOTCHKIS & WILEY 2012-06-30 Add 84.09%0.11%$7.57 - $10.51 $ 11.3628%4634229
Premium More recent guru trades are included for Premium Members only!!

Preferred stocks of First Horizon National Corp

SymbolPriceYieldDescription
FHNPRA63.011.17

Ratios

vs
industry
vs
history
P/B 1.25
FHN's P/B is ranked lower than
71% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.90 vs. FHN: 1.25 )
FHN' s 10-Year P/B Range
Min: 0.43   Max: 3.37
Current: 1.25

0.43
3.37
P/S 2.14
FHN's P/S is ranked higher than
58% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.20 vs. FHN: 2.14 )
FHN' s 10-Year P/S Range
Min: 0.44   Max: 2.98
Current: 2.14

0.44
2.98
PFCF 4.98
FHN's PFCF is ranked lower than
77% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.70 vs. FHN: 4.98 )
FHN' s 10-Year PFCF Range
Min: 0.37   Max: 191.8
Current: 4.98

0.37
191.8
EV-to-EBIT -53.17
FHN's EV-to-EBIT is ranked lower than
93% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 16.90 vs. FHN: -53.17 )
FHN' s 10-Year EV-to-EBIT Range
Min: 7.2   Max: 113.5
Current: -53.17

7.2
113.5
Shiller P/E 392.2
FHN's Shiller P/E is ranked lower than
82% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.60 vs. FHN: 392.2 )
FHN' s 10-Year Shiller P/E Range
Min: 2.44   Max: 959
Current: 392.2

2.44
959

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.70
FHN's Dividend Yield is ranked lower than
63% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.20 vs. FHN: 0.70 )
FHN' s 10-Year Dividend Yield Range
Min: 0.09   Max: 18.85
Current: 0.7

0.09
18.85
Yield on cost (5-Year) 0.70
FHN's Yield on cost (5-Year) is ranked lower than
57% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.92 vs. FHN: 0.70 )
FHN' s 10-Year Yield on cost (5-Year) Range
Min: 0.09   Max: 18.85
Current: 0.7

0.09
18.85
Share Buyback Rate -1.5
FHN's Share Buyback Rate is ranked higher than
54% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.75 vs. FHN: -1.5 )
FHN' s 10-Year Share Buyback Rate Range
Min: 0.7   Max: -11.8
Current: -1.5

Valuation & Return

vs
industry
vs
history
Price/Net Current Asset Value 20.2
FHN's Price/Net Current Asset Value is ranked higher than
95% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.70 vs. FHN: 20.2 )
FHN' s 10-Year Price/Net Current Asset Value Range
Min: 2.5   Max: 147.3
Current: 20.2

2.5
147.3
Price/Tangible Book 1.5
FHN's Price/Tangible Book is ranked higher than
75% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. FHN: 1.5 )
FHN' s 10-Year Price/Tangible Book Range
Min: 0.6   Max: 9.1
Current: 1.5

0.6
9.1
Price/DCF (Projected) 0.2
FHN's Price/DCF (Projected) is ranked higher than
50% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.50 vs. FHN: 0.2 )
FHN' s 10-Year Price/DCF (Projected) Range
Min: 0.1   Max: 5.2
Current: 0.2

0.1
5.2
Price/Median PS Value 1
FHN's Price/Median PS Value is ranked higher than
80% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. FHN: 1 )
FHN' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.3
Current: 1

0.4
1.3
Earnings Yield (Greenblatt) 2.90
FHN's Earnings Yield (Greenblatt) is ranked higher than
52% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.80 vs. FHN: 2.90 )
FHN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.9   Max: 13.8
Current: 2.9

0.9
13.8
Forward Rate of Return (Yacktman) 40.89
FHN's Forward Rate of Return (Yacktman) is ranked lower than
70% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.01 vs. FHN: 40.89 )
FHN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -10.1   Max: 121.9
Current: 40.89

-10.1
121.9

Business Description

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 2011 FHN 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.
Company Website
SEC Reports
Industry: Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR
Traded in other countries:FT2.Germany

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