First Horizon (FRA:FT2) Marketable Securities: €5,478 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Founder & CEO of GuruFocus
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 €21.40
GF Value €17.84
! 5 Warning Signs
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What is First Horizon Marketable Securities?

First Horizon FRA:FT2 +0.94% 69 Marketable Securities is €5,478 Mil as of Mar. 2026. GuruFocus rates FRA:FT2 with a GF Score™ of 69/100 and a GF Value™ of €17.84. The stock has 5 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. First Horizon's Marketable Securities for the quarter that ended in Mar. 2026 was €5,478 Mil.

First Horizon's annual Marketable Securities declined from Dec. 2023 (€7,695 Mil) to Dec. 2024 (€7,541 Mil) and declined from Dec. 2024 (€7,541 Mil) to Dec. 2025 (€5,569 Mil).

First Horizon  (FRA:FT2) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

First Horizon Marketable Securities Related Terms

First Horizon Marketable Securities Historical Data

* Premium members only.

The historical data trend for First Horizon's Marketable Securities 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 Marketable Securities Chart

First Horizon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,705.70 8,341.18 7,694.55 7,540.68 5,568.93

First Horizon Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Marketable Securities 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 5,802.83 5,572.93 5,568.93 5,478.05 0.00
FRA:FT2
69GF Score
First Horizon Corp FRA:FT2
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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First Horizon Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of €5,478 Mil mean?
First Horizon (FRA:FT2) has a Marketable Securities of €5,478 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on First Horizon and its competitors.
Is First Horizon's Marketable Securities too high?
First Horizon's current Marketable Securities is €5,478 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 Marketable Securities compare to WBS and UMBF?
First Horizon's Marketable Securities of €5,478 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 Marketable Securities for a Banks company?
A good Marketable Securities depends on the Banks industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on First Horizon and its competitors. First Horizon's current Marketable Securities is €5,478 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 Marketable Securities of €5,478 Mil. The stock's GF Value™ is €17.84, compared to a current price of €21.40 — trading 20% above its estimated fair value. The current Marketable Securities is €5,478 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 Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For First Horizon (FRA:FT2), the current Marketable Securities is €5,478 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 €21.40 is trading 20% above its estimated GF Value™ of €17.84.

Key valuation signals for FRA:FT2:

  • Marketable Securities: €5,478 Mil
  • GF Value™: €17.84 vs. price of €21.40 (20% 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

Get the complete analysis for FRA:FT2

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

€21.40
Price
€17.84
GF Value