FHN vs. ITUB: First Horizon vs. Itaú Unibanco Stock Comparison

Company Profile

First Horizon (FHN) and Itaú Unibanco (ITUB) both belong to the Banks industry, though FHN is classified under Regional Banks while ITUB falls under Diversified Banks.

First Horizon (FHN) trades as ordinary local shares, while Itaú Unibanco (ITUB) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Itaú Unibanco (ITUB) at 20.96% delivers above-range ROE, while First Horizon (FHN) at 7.92% falls into the bottom quartile — a wide split in profit generated from equity.

Itaú Unibanco (ITUB) at 32.46% keeps about the industry-typical share of revenue as profit, while First Horizon (FHN) at 23.43% retains only a bottom-quartile share.

Neither side reports a meaningful operating margin: for First Horizon (FHN) in Banks and Itaú Unibanco (ITUB) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

First Horizon (FHN) at 7.33% is around its peer norm for revenue growth, while Itaú Unibanco (ITUB) at 4.21% drops into the bottom quartile, signaling weaker demand or pricing momentum.

First Horizon (FHN) at 37.50% sits in the top EPS growth quartile, while Itaú Unibanco (ITUB) at 9.21% is closer to the peer norm — faster per-share earnings growth for FHN.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: First Horizon (FHN) in Banks and Itaú Unibanco (ITUB) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: First Horizon (FHN) in Banks and Itaú Unibanco (ITUB) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

First Horizon (FHN) at 2.85% pays an industry-typical yield; Itaú Unibanco (ITUB) at 40.54% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.

Both First Horizon (FHN) at 47.48% and Itaú Unibanco (ITUB) at 70.75% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

Dividend Metrics

Valuation

Itaú Unibanco (ITUB) at 9.12 sits in the cheaper P/E ratio quartile, while First Horizon (FHN) at 16.58 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

P/S ratio is set aside for both First Horizon (FHN) in Banks and Itaú Unibanco (ITUB) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

First Horizon (FHN) at 1.34 is valued about in line with its industry on P/B ratio, while Itaú Unibanco (ITUB) at 1.79 carries an above-peer premium to book — ITUB is pricier on assets.

Valuation Metrics