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First Horizon (NYSE:FHN) 10-Year RORE %

: 21.58% (As of Sep. 2022)
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Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. First Horizon's 10-Year RORE % for the quarter that ended in Sep. 2022 was 21.58%.

The industry rank for First Horizon's 10-Year RORE % or its related term are showing as below:

FHN's 10-Year RORE % is ranked better than
86.93% of 979 companies
in the Banks industry
Industry Median: 8.95 vs FHN: 21.58

First Horizon 10-Year RORE % Historical Data

The historical data trend for First Horizon's 10-Year RORE % 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 Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
10-Year RORE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 201.36 43.31 21.71 32.77 -

First Horizon Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
10-Year RORE % 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 Premium Member Only Premium Member Only Premium Member Only 32.77 30.39 13.05 21.58 -

Competitive Comparison

For the Banks - Regional subindustry, First Horizon's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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 10-Year RORE % Distribution

For the Banks industry and Financial Services sector, First Horizon's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where First Horizon's 10-Year RORE % falls in comparison to its industry or sector. The grey bar indicates the 10-Year RORE %'s extreme value range as defined by GuruFocus.



First Horizon 10-Year RORE % Calculation

First Horizon's 10-Year RORE % for the quarter that ended in Sep. 2022 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 1.53-0.1 )/( 10.858-4.12 )
=1.43/6.738
=21.22 %

* 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.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2022 and 10-year before.


First Horizon  (NYSE:FHN) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


First Horizon 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of First Horizon's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


First Horizon (NYSE:FHN) Business Description

First Horizon logo
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.
Executives
Dmuchowski Hope officer: Sr. EVP & CFO 165 MADISON AVE MEMPHIS TN 38103
Casbon John N director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Locascio Tammy officer: Sr. EVP, Chief HR Officer 165 MADISON AVE MEMPHIS TN 38103
Kemp Sr James Michael director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Maples Ricky E director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Akins Terry Lawson officer: Sr. EVP, Chief Risk Officer 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Ardoin Elizabeth A officer: SEVP, Chief Communications Ofc 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Sugranes Rosa director 2975 N.W. 77TH AVE DORAL FL 33132
Restel Anthony J officer: SEVP Chief Operating Officer 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Shea E Stewart Iii director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Fenstermaker William H director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Byrd Daryl G director, officer: Executive Chairman of Board 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Barton Harry V Jr director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Brown Michael J officer: President - Regional Banking 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Davidson Wendy P director 2210 WEST OAKLAWN DRIVE SPRINGDALE AR 72762

First Horizon (NYSE:FHN) Headlines

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