(FHN) First Horizon National - Ratings and Ratios

First Horizon Corporation, under the ticker symbol FHN on the NYSE, stands as a prominent bank holding company with a legacy dating back to 1864. Headquartered in Memphis, Tennessee, FHN operates through two primary segments: Regional Banking and Specialty Banking, offering a comprehensive suite of financial services tailored to diverse client needs.

The companys Regional Banking division focuses on traditional banking services, including consumer and commercial banking, while the Specialty Banking segment delves into specialized areas such as corporate and correspondent banking, capital markets, and wealth management. This dual approach allows FHN to cater to both individual and institutional clients, enhancing its market reach and revenue streams.

FHNs service portfolio is extensive, encompassing deposit services, securities underwriting, loan syndications, and investment advisory. Their mortgage banking operations include origination and servicing, which are significant contributors to their revenue. Additionally, they provide transaction processing, trust services, and asset management, positioning themselves as a one-stop financial solutions provider.

From an investment perspective, FHNs market capitalization of approximately $11.7 billion places it in the mid-sized bank category, offering a balance of stability and growth potential. The current P/E ratio of 16.52, slightly above industry averages, is offset by a forward P/E of 13.42, suggesting anticipated earnings growth. The P/B ratio of 1.40 indicates moderate valuation relative to book value, appealing to value investors.

With a strategic focus on both regional and specialized banking, FHN is well-positioned to leverage its extensive experience and diverse service offerings. This blend of traditional banking strengths and specialized financial services makes FHN an attractive consideration for investors seeking exposure to the financial sector with a stable