Is First Horizon Corporation overvalued?

First Horizon Corporation (FHN) looks undervalued — trading about 16% below its fair value.

Undervalued

Price

$23.46

Fair value

$27.32

Current P/E

11.7

Normal P/E

13.6

Market cap

$11.13B

Dividend yield

2.9%

Return on equity

11.7%

Sector

Financial Services

Fair value compares FHN's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.

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