First HorizonFHN.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, First Horizon (FHN.N) trades at a P/E of 15.90x, P/B of 1.23x, P/S of 3.56x, and a dividend yield of 2.22%.
Longitudinal percentile comparison: P/E sits at the 83rd percentile over the trailing 10Y window (vs. 100th percentile over 3Y); P/B sits at the 57th percentile over the trailing 10Y window (vs. 63rd percentile over 3Y); P/S sits at the 77th percentile over the trailing 10Y window (vs. 92nd percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 53rd percentile within its industry and the 41st percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 11.42%, ranking at the 92nd percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 25.9 points — relying on either metric alone could be misleading. Relative to the broader market, its P/E shows a deeper discount than it does against industry peers. Breaking down the total shareholder yield: 2.22% comes from cash dividends, with an implied ~9.20% from buybacks — a fairly balanced mix of both channels. First Horizon operates in the Finance, Insurance, And Real Estate sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: FHN · FHN
Want the full picture on whether First Horizon (FHN.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 15.90 | ||||||
| P/B (MRQ) | 1.23 | ||||||
| P/S (TTM) | 3.56 | ||||||
| Dividend Yield | 2.22% | ||||||
| Buyback + Div Yield | 11.42% |