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First Horizon (FRA:FT2) Market Cap : €10,220 Mil (As of Dec. 15, 2024)


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What is First Horizon Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). First Horizon's share price for the quarter that ended in Sep. 2024 was €13.6. First Horizon's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 532 Mil. Therefore, First Horizon's market cap for the quarter that ended in Sep. 2024 was €7,238 Mil.

First Horizon's quarterly market cap declined from Mar. 2024 (€7,571 Mil) to Jun. 2024 (€7,248 Mil) and declined from Jun. 2024 (€7,248 Mil) to Sep. 2024 (€7,238 Mil).

First Horizon's annual market cap increased from Dec. 2021 (€7,684 Mil) to Dec. 2022 (€12,138 Mil) but then declined from Dec. 2022 (€12,138 Mil) to Dec. 2023 (€7,433 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. First Horizon's Enterprise Value for Today is €10,491 Mil.


First Horizon Market Cap Historical Data

The historical data trend for First Horizon's Market Cap 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.

* Premium members only.

First Horizon Market Cap Chart

First Horizon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,672.04 5,605.81 7,683.51 12,138.48 7,432.56

First Horizon Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap 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 5,698.83 7,432.56 7,571.19 7,247.83 7,237.66

Competitive Comparison of First Horizon's Market Cap

For the Banks - Regional subindustry, First Horizon's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Horizon's Market Cap distribution charts can be found below:

* The bar in red indicates where First Horizon's Market Cap falls into.



First Horizon Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

First Horizon's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€13.3*558.839
=€7,433

First Horizon's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=€13.6*532.181
=€7,238

* 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  (FRA:FT2) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


First Horizon Market Cap Related Terms

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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 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.

First Horizon Headlines

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