First Horizon (First Horizon) 3-Year Book Growth Rate

: 3.70% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

First Horizon's Book Value per Share for the quarter that ended in Dec. 2023 was $0.00.

During the past 12 months, First Horizon's average Book Value per Share Growth Rate was 12.50% per year. During the past 3 years, the average Book Value per Share Growth Rate was 3.70% per year. During the past 5 years, the average Book Value per Share Growth Rate was 0.60% per year. During the past 10 years, the average Book Value per Share Growth Rate was 5.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of First Horizon was 14.90% per year. The lowest was -16.40% per year. And the median was 7.95% per year.

Competitive Comparison

For the Banks - Regional subindustry, First Horizon's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Horizon 3-Year Book Growth Rate Distribution

For the Banks industry and Financial Services sector, First Horizon's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where First Horizon's 3-Year Book Growth Rate falls into.

First Horizon 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

First Horizon (NYSE:FHNpE.PFD) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

First Horizon 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of First Horizon's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

First Horizon (First Horizon) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Horizon Corp (NYSE:FHNpE.PFD) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

FHNpF.PFD:USA FHNpB.PFD:USA FHNpC.PFD:USA FHNpD.PFD:USA FHN:USA FT2:Germany

Address

165 Madison Avenue, Memphis, TN, USA, 38103

Website

https://www.firsthorizon.com

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.