First Horizon (FRA:FT2) Beginning Cash Position: €1,380 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:FT2 First Horizon Corp FRA:FT2
69 GF Score
Price €21.80
GF Value €18.57
! 5 Warning Signs
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What is First Horizon Beginning Cash Position?

First Horizon FRA:FT2 -0.91% 69 Beginning Cash Position is €1,380 Mil as of Mar. 2026. GuruFocus rates FRA:FT2 with a GF Score™ of 69/100 and a GF Value™ of €18.57. The stock has 5 warning signs investors should review.

First Horizon's Beginning Cash Position for the quarter that ended in Mar. 2026 was €1,380 Mil.

First Horizon's quarterly Beginning Cash Position increased from Sep. 2025 (€1,291 Mil) to Dec. 2025 (€1,440 Mil) but then declined from Dec. 2025 (€1,440 Mil) to Mar. 2026 (€1,380 Mil).

First Horizon's annual Beginning Cash Position increased from Dec. 2023 (€1,415 Mil) to Dec. 2024 (€1,653 Mil) but then declined from Dec. 2024 (€1,653 Mil) to Dec. 2025 (€1,313 Mil).


First Horizon Beginning Cash Position Related Terms


First Horizon Beginning Cash Position Historical Data

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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.

First Horizon Beginning Cash Position Chart

First Horizon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,458.48 1,687.87 1,414.93 1,653.11 1,312.60

First Horizon Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,424.48 1,290.78 1,439.84 1,379.68 0.00
FRA:FT2
69GF Score
First Horizon Corp FRA:FT2
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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First Horizon Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €1,380 Mil mean?
First Horizon (FRA:FT2) has a Beginning Cash Position of €1,380 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 €1,380 Mil. Overall, First Horizon has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does First Horizon's Beginning Cash Position compare to WBS and UMBF?
First Horizon's Beginning Cash Position of €1,380 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 €1,380 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?
First Horizon (FRA:FT2) has a current Beginning Cash Position of €1,380 Mil. The stock's GF Value™ is €18.57, compared to a current price of €21.80 — trading 17.4% above its estimated fair value. The current Beginning Cash Position is €1,380 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 (FRA:FT2), the current Beginning Cash Position is €1,380 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 (FRA:FT2) Overvalued in 2026?

Based on GuruFocus' analysis, First Horizon stock appears to be overvalued. The current stock price of €21.80 is trading 17.4% above its estimated GF Value™ of €18.57.

Key valuation signals for FRA:FT2:

  • Beginning Cash Position: €1,380 Mil
  • GF Value™: €18.57 vs. price of €21.80 (17.4% above fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the FRA:FT2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Horizon Business Description

Address 165 Madison Avenue, Memphis, TN, USA, 38103
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

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€21.80
Price
€18.57
GF Value