NYSE:FHNpF.PFD (USA)  
First Horizon Corp logo

First Horizon Corp

(Preferred)
$ 21.05 0 (0%) 10:08 PM EST
P/E:
16.12
P/B:
1.83
Market Cap:
$ -
Enterprise V:
$ -
Volume:
51.66K
Avg Vol (2M):
566.89K
Also Trade In:
Volume:
51.66K
Market Cap $:
-
PE Ratio:
16.12
Avg Vol (2-Month):
566.89K
Enterprise Value $:
-
PB Ratio:
1.83

Business Description

Description
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.