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First Horizon National Already 4% Up, Almost One Hour Before The NYSE Open

(VIANEWS) – The NYSE opens in less than one hour and First Horizon National‘s pre-market value is already 4.33% up.

First Horizon National’s last close was $15.23, 38.88% below its 52-week high of $24.92.

The last session, NYSE finished with First Horizon National (FHN) jumping 2.01% to $15.23. NYSE rose 1.22% to $14,777.70, following the last session’s upward trend on what was an all-around positive trend trading session.

About First Horizon National

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also underwrites bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers various services, such as mortgage banking; title insurance and loan-closing; brokerage; correspondent banking; nationwide check clearing and remittance processing; trust, fiduciary, and agency; equipment finance; and investment and financial advisory services. Further, the company sells mutual fund and retail insurance products; and credit cards. It operates approximately 500 banking offices in 22 states under the First Horizon Bank brand; and 400 banking centers in 12 states under the FHN Financial brand in the United States. The company was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in November 2020. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.

Earnings Per Share

As for profitability, First Horizon National has a trailing twelve months EPS of $2.08.

PE Ratio

First Horizon National has a trailing twelve months price to earnings ratio of 7.32. Meaning, the purchaser of the share is investing $7.32 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 10.7%.

Volume

Today’s last reported volume for First Horizon National is 10407610 which is 36.74% above its average volume of 7193820.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 38.9% and 44.1%, respectively.

Yearly Top and Bottom Value

First Horizon National’s stock is valued at $15.23 at 08:50 EST, way under its 52-week high of $24.92 and way above its 52-week low of $13.40.

More news about First Horizon National (FHN).

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