Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
First Horizon's Beginning Cash Position for the quarter that ended in Mar. 2026 was $1,595 Mil.
First Horizon's quarterly Beginning Cash Position
increased
from Sep. 2025 ($1,515 Mil) to Dec. 2025 ($1,686 Mil) but then
declined
from Dec. 2025 ($1,686 Mil) to Mar. 2026 ($1,595 Mil).
First Horizon's annual Beginning Cash Position
increased
from Dec. 2023 ($1,543 Mil) to Dec. 2024 ($1,731 Mil) but then
declined
from Dec. 2024 ($1,731 Mil) to Dec. 2025 ($1,537 Mil).
First Horizon Beginning Cash Position Related Terms
First Horizon Beginning Cash Position Historical Data
* Premium members only.
The historical data trend for First Horizon's Beginning Cash Position can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Beginning Cash Position of $1,595 Mil mean?
First Horizon (FHN) has a Beginning Cash Position of $1,595 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on First Horizon and its competitors.
Is First Horizon's Beginning Cash Position too high?
First Horizon's current Beginning Cash Position is $1,595 Mil. Overall, First Horizon has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Horizon's Beginning Cash Position compare to WBS and BPOP?
First Horizon's Beginning Cash Position of $1,595 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Banks company?
A good Beginning Cash Position depends on the Banks industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on First Horizon and its competitors. First Horizon's current Beginning Cash Position is $1,595 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Horizon stock overvalued right now?
Based on GuruFocus' analysis, First Horizon (FHN) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.57, compared to a current price of $25.64 — trading 18.9% above its estimated fair value. The current Beginning Cash Position is $1,595 Mil. First Horizon's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For First Horizon (FHN), the current Beginning Cash Position is $1,595 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is First Horizon (FHN) Overvalued in 2026?
Based on GuruFocus' analysis, First Horizon stock appears to be overvalued.
The current stock price of $25.64 is trading 18.9% above its estimated GF Value™ of $21.57.
GuruFocus considers First Horizon to be Modestly Overvalued.
Key valuation signals for FHN:
Beginning Cash Position: $1,595 Mil
GF Value™: $21.57 vs. price of $25.64 (18.9% above fair value)
No single metric tells the full story. See the FHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The company's reportable segments are: Commercial, Consumer & Wealth, Wholesale, and Corporate. The majority of its revenue is generated from Commercial, Consumer & Wealth. The Commercial, Consumer & Wealth segment offers financial products and services, including traditional lending and deposit taking, to commercial and consumer clients in the southern USA and other selected markets. The Wholesale segment delivers industry-specific products and services, while the Corporate segment provides internal support functions like finance, risk, and audit.
69GF Score
Get the complete analysis for FHN
Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FHN has been successfully added to your 
