First Horizon Corporation (NYSE:FHN) — Market Cap & Net Worth

$11.34 Billion USD  · Rank #2028

Market Cap & Net Worth: First Horizon Corporation (FHN)

First Horizon Corporation (NYSE:FHN) has a market capitalization of $11.34 Billion ($11.34 Billion) as of September 18, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #2028 globally and #759 in its home market, demonstrating a -3.00% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying First Horizon Corporation's stock price $23.93 by its total outstanding shares 473777158 (473.78 Million). Also see First Horizon Corporation assets under control for a full breakdown of the balance sheet.

First Horizon Corporation Market Cap History: 2015 to 2026

First Horizon Corporation's market capitalization history from 2015 to 2026. Data shows growth from $5.11 Billion to $11.34 Billion (8.14% CAGR). Also see First Horizon Corporation (FHN) cash flow conversion for how efficiently the company converts equity into cash flow.

Index Memberships

First Horizon Corporation is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
S&P Midcap 400
MID
$3.41 Trillion 0.35% #92 of 401

Weight: First Horizon Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

First Horizon Corporation Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how First Horizon Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check current stock price of First Horizon Corporation for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

2.27x

First Horizon Corporation's market cap is 2.27 times its annual revenue

Industry average: 1.84x Higher than industry average

Latest Price to Earnings (P/E) Ratio

11.52x

First Horizon Corporation's market cap is 11.52 times its annual earnings

Industry average: 91.94x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $7.17 Billion $1.33 Billion $227.05 Million 5.40x 31.60x
2017 $7.31 Billion $1.45 Billion $165.51 Million 5.04x 44.19x
2018 $4.95 Billion $2.21 Billion $545.00 Million 2.24x 9.08x
2019 $6.46 Billion $2.23 Billion $441.00 Million 2.89x 14.64x
2020 $5.26 Billion $2.80 Billion $845.00 Million 1.88x 6.23x
2021 $6.98 Billion $3.15 Billion $999.00 Million 2.21x 6.99x
2022 $10.75 Billion $3.41 Billion $900.00 Million 3.15x 11.94x
2023 $6.51 Billion $4.71 Billion $897.00 Million 1.38x 7.26x
2024 $9.54 Billion $4.94 Billion $775.00 Million 1.93x 12.31x
2025 $11.32 Billion $4.99 Billion $983.00 Million 2.27x 11.52x

Competitor Companies of FHN by Market Capitalization

Companies near First Horizon Corporation in the global market cap rankings as of September 18, 2026. Review tangible net worth ratio of First Horizon Corporation to assess the quality of the company's equity after excluding intangible assets.

Key companies related to First Horizon Corporation by market ranking:

  • Mizuho Financial Group Inc. (NYSE:MFG): Ranked #186 globally with a market cap of $130.47 Billion USD.
  • China Merchants Bank Co Ltd (SHG:600036): Ranked #200 globally with a market cap of $123.52 Billion USD ( CN¥844.14 Billion CNY).
  • BNP Paribas SA (PA:BNP): Ranked #203 globally with a market cap of $122.45 Billion USD ( €104.73 Billion EUR).
  • UNICREDIT S.P.A. ADR (F:CRIP): Ranked #221 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#186 Mizuho Financial Group Inc. NYSE:MFG $130.47 Billion $10.93
#200 China Merchants Bank Co Ltd SHG:600036 $123.52 Billion CN¥40.92
#203 BNP Paribas SA PA:BNP $122.45 Billion €102.32
#221 UNICREDIT S.P.A. ADR F:CRIP $112.81 Billion €32.20

First Horizon Corporation Historical Marketcap From 2015 to 2026

Between 2015 and today, First Horizon Corporation's market cap moved from $5.11 Billion to $ 11.34 Billion, with a yearly change of 8.14%.

Year Market Cap Change (%)
2026 $11.34 Billion +0.13%
2025 $11.32 Billion +18.67%
2024 $9.54 Billion +46.60%
2023 $6.51 Billion -39.44%
2022 $10.75 Billion +53.94%
2021 $6.98 Billion +32.61%
2020 $5.26 Billion -18.45%
2019 $6.46 Billion +30.48%
2018 $4.95 Billion -32.35%
2017 $7.31 Billion +1.93%
2016 $7.17 Billion +40.38%
2015 $5.11 Billion --

End of Day Market Cap According to Different Sources

On Sep 17th, 2026 the market cap of First Horizon Corporation was reported to be:

Source Market Cap
Yahoo Finance $11.34 Billion USD
MoneyControl $11.34 Billion USD
MarketWatch $11.34 Billion USD
marketcap.company $11.34 Billion USD
Reuters $11.34 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About First Horizon Corporation

NYSE:FHN USA Banks - Regional
Market Cap
$11.34 Billion
Market Cap Rank
#2028 Global
#759 in USA
Share Price
$23.93
Change (1 day)
-2.21%
52-Week Range
$19.94 - $26.23
All Time High
$26.23
About

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. It operates through Regional Banking, Specialty Banking, and Corporate segments. The company offers commercial banking, business banking, consumer banking, private client investment, wealth management, financial planning, trust and asset management services, asset-based … Read more