(VIANEWS) – The NYSE ended the session with First Horizon National jumping 9.2% to $12.52 on Wednesday, after two successive sessions in a row of gains. NYSE jumped 2.09% to $15,725.21, after two consecutive sessions in a row of gains, on what was an all-around bullish trend trading session today.
First Horizon National’s last close was $11.47, 53.97% below its 52-week high of $24.92.
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 provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; and capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, and corporate and correspondent banking. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. 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 $1.68.
PE Ratio
First Horizon National has a trailing twelve months price to earnings ratio of 7.46. Meaning, the purchaser of the share is investing $7.46 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 11.68%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Dec 13, 2023, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 5.31%.
Volume
Today’s last reported volume for First Horizon National is 5446030 which is 16.32% below its average volume of 6508930.
Volatility
First Horizon National’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.59%, a positive 0.43%, and a positive 1.51%.
First Horizon National’s highest amplitude of average volatility was 1.67% (last week), 2.00% (last month), and 1.51% (last quarter).
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