First Horizon Bank Valuation Multiples

First Horizon Bank Overview

About First Horizon Bank

First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The company's reportable segments are: Commercial, Consumer & Wealth, Wholesale, and Corporate. The majority of its revenue is generated from Commercial, Consumer & Wealth. The Commercial, Consumer & Wealth segment offers financial products and services, including traditional lending and deposit taking, to commercial and consumer clients in the southern USA and other selected markets.

Founded

1968

HQ

Employees

7.2K

Website

firsthorizon.com

Sectors

Commercial Banking

Financials (LTM)

Revenue: $3B

Net Income: $972M

EV

$14B

Valuation Multiples

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First Horizon Bank Financials

First Horizon Bank reported last 12-month revenue of $3B.

In the same LTM period, First Horizon Bank generated $972M in net income.

First Horizon Bank P&L

In the most recent fiscal year, First Horizon Bank reported revenue of $3B and net income of $982M.

First Horizon Bank expects next 12-month revenue of XXX and NTM EBITDA of XXX

First Horizon Bank Stock Performance

First Horizon Bank has current market cap of $12B, and enterprise value of $14B.

First Horizon Bank's stock price is $24.16.

First Horizon Bank Valuation Multiples

First Horizon Bank trades at 3.9x EV/Revenue multiple.

First Horizon Bank Financial Valuation Multiples

As of March 31, 2026, First Horizon Bank has market cap of $12B and EV of $14B.

Equity research analysts estimate First Horizon Bank's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

First Horizon Bank has a P/E ratio of 12.1x.

First Horizon Bank Margins & Growth Rates

First Horizon Bank's revenue in the last 12 month grew by 5%.

First Horizon Bank's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.3M for the same period.

First Horizon Bank Public Comps

See public comps and valuation multiples for other Commercial Banking comps.

First Horizon Bank M&A Activity

First Horizon Bank acquired XXX companies to date.

Last acquisition by First Horizon Bank was on XXXXXXXX, XXXXX. First Horizon Bank acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

First Horizon Bank Investment Activity

First Horizon Bank invested in XXX companies to date.

First Horizon Bank made its latest investment on XXXXXXXX, XXXXX. First Horizon Bank invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).