Last $11.36 USD
Change Today +0.13 / 1.16%
Volume 3.0M
FHN On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

first horizon national corp (FHN) Snapshot

Open
$11.29
Previous Close
$11.23
Day High
$11.37
Day Low
$11.22
52 Week High
05/15/13 - $11.44
52 Week Low
06/12/12 - $7.44
Market Cap
2.7B
Average Volume 10 Days
2.0M
EPS TTM
$-0.0005
Shares Outstanding
241.2M
EX-Date
06/12/13
P/E TM
--
Dividend
$0.20
Dividend Yield
0.70%
Current Stock Chart for FIRST HORIZON NATIONAL CORP (FHN)

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first horizon national corp (FHN) Details

First Horizon National Corporation operates as a bank holding company for First Tennessee Bank National Association that provides various financial services in the United States and internationally. The company offers general banking services for consumers, businesses, financial institutions, and governments. It also provides investments, financial planning, trust, asset management, and cash management services. In addition, the company is involved in fixed income sales and trading activities; underwriting of bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; loan sales; derivative sales; and provision of advisory services. Further, it offers discount brokerage and full-service brokerage, and correspondent banking services; transaction processing services comprising nationwide check clearing services and remittance processing; trust, fiduciary, and agency services; credit card products; equipment finance; and investment and financial advisory services. Additionally, the company engages in mutual fund and retail insurance sales, as well as provides mortgage banking services. As of March 12, 2013, it had approximately 170 First Tennessee Bank locations in Tennessee. The company was founded in 1968 and is headquartered in Memphis, Tennessee.

4,498 Employees
Last Reported Date: 02/27/13
Founded in 1968

first horizon national corp (FHN) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $800.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $400.0K
President of FTN Financial and President of F...
Total Annual Compensation: $600.0K
President of Banking and President of Banking...
Total Annual Compensation: $450.0K
Executive Vice President, General Counsel, Ex...
Total Annual Compensation: $475.0K
Compensation as of Fiscal Year 2012.

first horizon national corp (FHN) Key Developments

First Horizon National Corporation Announces Amendments to its Articles of Incorporation or Bylaws

First Horizon National Corporation announced on May 1, 2013, the company’s board of directors amended the company’s bylaws. The amendments were effective as of that date. The amended sections of the bylaws are 3.11, 3.12, 3.13, 4.23, and 10.4, and a new section 10.7 has been added. The amendments are technical in nature. They update the bylaws primarily for the purpose of coordinating with new provisions of Tennessee’s corporation law, primarily those related to electronic signature and delivery of documents. The most extensive changes were made to section 3.12, which pertains to actions taken by directors or officers without a meeting. The amendments also make clear, by adding express language, that a committee may be comprised of a mix of directors and officers. On May 1, 2013, the company’s Board of Directors approved the restatement of the company’s Charter. The restatement was filed with the Tennessee Secretary of State on May 2, 2013 and was effective immediately upon filing. The restatement integrated into the charter document provisions that had been added by previous amendment in connection with the designation of the company’s Non-Cumulative Perpetual Preferred Stock, Series A, in January 2013.

First Horizon National Corporation Declares Quarterly Cash and Preferred Dividend Payable on July 1, 2013 and July 10, 2013 Respectively

First Horizon National Corp.'s board of directors has approved payment of a quarterly cash dividend on its common stock of $0.05 per share. The dividend is payable on July 1, 2013 to the common shareholders of record on June 14. 2013. The board of directors has also approved payment of a quarterly cash dividend of $1,550.00 per share on FHN's Non-Cumulative Perpetual Preferred Stock, Series A. This equates to a cash dividend of $0.387500 per Depositary Share, which each represents a 1/4000th interest in a share of the Series A Preferred Stock. The dividend is payable on July 10, 2013 to shareholders of record on June 25, 2013.

First Horizon National Corporation Announces Quarterly Dividend

First Horizon National Corporation Announces Quarterly Dividend for first quarter 2013. For the period raised quarterly common dividend that pay out $0.05 per share.

 

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Industry Analysis

FHN

Industry Average

Valuation FHN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.2x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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