TD Cowen has initiated coverage on First Horizon Corp (FHN) with a Hold rating, marking its first assessment of the company. The rating reflects the firm's analysis of First Horizon's business and industry dynamics.
First Horizon Corp operates as a financial holding company, headquartered in Memphis, Tennessee. The company provides a range of banking services, including checking accounts, mortgage banking, and lending, primarily in the southern United States. As of now, First Horizon boasts a market capitalization of $10.7 billion and a P/E ratio of 12.09, with an EPS of 1.71. The company's dividend yield stands at 281.4%.
Upcoming earnings are scheduled for July 14, 2026, with an estimated EPS of $0.48 and revenue of $870.2 million. This update provides insight into the evolving analyst landscape for First Horizon, which currently has a consensus rating of Buy based on 23 total ratings, including 6 Strong Buy, 8 Buy, and 9 Hold recommendations.