FHNFIRST HORIZON CORP
National Commercial Banks
- Revenue
- $3.4B
- 7.2% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $2.3B net debt
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashFired64% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowFired196% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear2% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | — | $3.2B | $3.5B | $3.2B | $3.4B | 7.2% |
| Net income | $999M | $900M | $897M | $775M | $982M | 27% |
| Operating cash flow | $725M | $2.3B | $1.3B | $1.3B | $628M | 50% |
| Capex | $37M | $28M | $37M | $44M | $33M | 25% |
| Stock-based comp | $43M | $75M | $36M | $59M | $61M | 3.4% |
| Buybacks | $416M | $12M | $10M | $626M | $918M | 47% |
| Dividends | $333M | $324M | $335M | $332M | $314M | 5.4% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.