FHN (First Horizon) Goodwill-to-Asset: 0.02 (As of Jun. 2026)

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FHN First Horizon Corp FHN
70 GF Score
Price $26.22
GF Value $24.20
Valuation Fairly Valued
! 5 Warning Signs
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What is First Horizon Goodwill-to-Asset?

First Horizon FHN +0.77% 70 Goodwill-to-Asset is 0.02 as of Jun. 2026. GuruFocus rates FHN with a GF Score™ of 70/100 and a GF Value™ of $24.20 (Fairly Valued). The stock has 5 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. First Horizon's Goodwill for the quarter that ended in Jun. 2026 was $1,510 Mil. First Horizon's Total Assets for the quarter that ended in Jun. 2026 was $84,437 Mil. Therefore, First Horizon's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.02.


First Horizon  (NYSE:FHN) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


First Horizon Goodwill-to-Asset Related Terms


First Horizon Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for First Horizon's Goodwill-to-Asset 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 Goodwill-to-Asset Chart

First Horizon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

First Horizon Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Goodwill-to-Asset 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 0.02 0.02 0.02 0.02 0.02

FHN vs WBS, BPOP, UMBF: Goodwill-to-Asset Comparison

For the Banks - Regional subindustry, First Horizon's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset vs Banks Industry

For the Banks industry and Financial Services sector, First Horizon's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where First Horizon's Goodwill-to-Asset falls into.


FHN
70GF Score
First Horizon Corp FHN
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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First Horizon Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

First Horizon's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=1510/83876
=0.02

First Horizon's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=1510/84437
=0.02

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.02 mean?
First Horizon (FHN) has a Goodwill-to-Asset of 0.02 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on First Horizon and its competitors.
Is First Horizon's Goodwill-to-Asset too high?
First Horizon's current Goodwill-to-Asset is 0.02. Overall, First Horizon has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Horizon's Goodwill-to-Asset compare to WBS and BPOP?
First Horizon's Goodwill-to-Asset of 0.02 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 Goodwill-to-Asset for a Banks company?
A good Goodwill-to-Asset depends on the Banks industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on First Horizon and its competitors. First Horizon's current Goodwill-to-Asset is 0.02. 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 Fairly Valued. The stock's GF Value™ is $24.20, compared to a current price of $26.22 — trading 8.3% above its estimated fair value. The current Goodwill-to-Asset is 0.02. First Horizon's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For First Horizon (FHN), the current Goodwill-to-Asset is 0.02 as of Jun. 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 $26.22 is trading 8.3% above its estimated GF Value™ of $24.20. GuruFocus considers First Horizon to be Fairly Valued.

Key valuation signals for FHN:

  • Goodwill-to-Asset: 0.02
  • GF Value™: $24.20 vs. price of $26.22 (8.3% above fair value)
  • GF Score™: 70/100 with 5 warning signs

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 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.
70GF Score

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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.22
Price
$24.20
GF Value