(FHN) First Horizon National - Ratings and Ratios

First Horizon Corporation, a bank holding company for First Horizon Bank, offers a diverse array of financial services through its Regional Banking, Specialty Banking, and Corporate segments. The Regional Banking segment provides tailored financial solutions, including commercial and consumer banking services, wealth management, and financial planning, catering to both individual and business clients. Specialty Banking excels in niche areas such as fixed income, capital markets, and specialized lending, including professional commercial real estate and mortgage warehouse lending. Additionally, the company offers transaction processing services, including check clearing and remittance processing, along with credit card products and retail insurance services. Founded in 1864, First Horizon Corporation is headquartered in Memphis, Tennessee.

From a technical standpoint, FHNs average 20-day volume is 6,756,274 shares, with a last price of $17.39. The stock is currently below its SMA20 of $17.75 and SMA50 of $19.15, suggesting bearish momentum, while the SMA200 stands at $18.12. The ATR of 0.86 indicates moderate volatility. Fundamentally, FHN has a market cap of $8.669B, with a P/E ratio of 11.88 and a forward P/E of 10.19, signaling potential undervaluation. The P/B ratio of 1.04 aligns closely with book value, and the RoE of 8.79% reflects profitable operations.

Over the next three months, FHNs stock is expected to face resistance at the SMA20 and SMA50 levels. The moderate ATR suggests price fluctuations will remain within a narrow range. While the lower forward P/E indicates upside potential, market sentiment may remain cautious due to broader economic conditions and competitive pressures in the banking sector. Investors should monitor earnings reports and macroeconomic trends for further guidance.