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First Horizon National Corp Stock
Pros and Cons of First Horizon National Corp in the next few years
Pros
Cons
Performance of First Horizon National Corp vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| First Horizon National Corp | 0.500% | -1.485% | -0.500% | -1.485% | -0.500% | -11.161% | 65.833% |
| Texas Capital Bancshares | 5.450% | 0.610% | 5.096% | 6.452% | 5.769% | 42.241% | 51.376% |
| UMB Financial Corp | 5.880% | -0.971% | 0.990% | -12.069% | 3.553% | 30.769% | 71.429% |
| Commerce Bancshares Inc. | -2.160% | 1.762% | 3.125% | -26.080% | 4.054% | -23.636% | -18.230% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.The financials of FHNC (First Horizon National Corporation) with US symbol FHN from the banking services industry depict a company that has experienced some fluctuations over the past few years. Upon taking a closer look at the data provided, several key performance indicators can be observed, which may uncover the overall financial health and trajectory of FHN.
One of the most noticeable positives in FHN's financials is the steady growth in net income. From 2020 to 2022, FHN's net income increased from $845 million to $900 million, demonstrating the company's ability to generate consistent profits during this period. This growth in net income indicates strong operational efficiency and financial management.
FHN's total assets increased from $84.2 billion in 2020 to $89.1 billion in 2021, before dipping to $78.9 billion in 2022. However, this reduction in 2022 is accompanied by a significant increase in the company's cash position from $9.6 billion in 2020 to $16.1 billion in 2021 and then to $24.4 billion in 2022. This improved liquidity indicates that the company has been efficient with its cash management and has more available funds to address any potential challenges or investment opportunities.
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