FHN vs. LYG: First Horizon vs. Lloyds Banking Stock Comparison
How do First Horizon (FHN) and Lloyds Banking (LYG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
First Horizon (FHN) and Lloyds Banking (LYG) both belong to the Banks industry, though FHN is classified under Regional Banks while LYG falls under Diversified Banks.
First Horizon (FHN) trades as ordinary local shares, while Lloyds Banking (LYG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | FHN | LYG |
|---|---|---|
| Name | First Horizon Corporation | Lloyds Banking Group plc ADR |
| Country/Region | United States | United Kingdom |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Regional Banks | Diversified Banks |
| Market Capitalization | 10.85 billion USD | 72.69 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | November 28, 2001 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FHN | LYG |
|---|---|---|
| Total Return (1Y) | 12.96% | 12.27% |
| Total Return (3Y, Annualized) | 32.94% | 43.57% |
| Total Return (5Y, Annualized) | 10.16% | 20.88% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FHN | LYG |
|---|---|---|
| Volatility (1Y, Annualized) | 22.55% | 30.68% |
| Beta (5Y) | 0.61 | 0.88 |
| Max Drawdown (5Y) | -60.76% | -40.17% |
| Avg. Volume (3M) | 5.55M | 16.52M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FHN | LYG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.38 | 0.26 |
| Sortino Ratio (1Y) | 0.56 | 0.39 |
Profitability
ROE (TTM)
Lloyds Banking (LYG) at 13.69% sits in the top ROE quartile, while First Horizon (FHN) at 7.92% is in the bottom quartile, showing a clear gap in returns on equity.
FHN
Banks industry group
7.92%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- FHN
- 7.92%
- Min
- 3.64%
LYG
Banks industry group
13.69%
- Max
- 19.84%
- LYG
- 13.69%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- Min
- 3.64%
Net Margin (TTM)
Lloyds Banking (LYG) at 30.61% keeps about the industry-typical share of revenue as profit, while First Horizon (FHN) at 23.43% retains only a bottom-quartile share.
FHN
Banks industry group
23.43%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- Q1
- 27.11%
- FHN
- 23.43%
- Min
- 14.93%
LYG
Banks industry group
30.61%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- LYG
- 30.61%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for First Horizon (FHN) in Banks and Lloyds Banking (LYG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | FHN | LYG |
|---|---|---|
| ROE (TTM) | 7.92% | 13.69% |
| ROA (TTM) | 0.87% | 0.65% |
| Net Margin (TTM) | 23.43% | 30.61% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both First Horizon (FHN) at 7.33% and Lloyds Banking (LYG) at 7.66% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
First Horizon (FHN) at 37.50% sits in the top EPS growth quartile, while Lloyds Banking (LYG) at 11.29% is closer to the peer norm — faster per-share earnings growth for FHN.
Growth Metrics
| Metric | FHN | LYG |
|---|---|---|
| Revenue Growth (YoY) | 7.33% | 7.66% |
| Revenue Growth (3Y CAGR) | 2.12% | 7.66% |
| EPS Growth (YoY) | 37.50% | 11.29% |
| EPS Growth (3Y CAGR) | 6.92% | -1.41% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: First Horizon (FHN) in Banks and Lloyds Banking (LYG) 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 / Equity (MRQ)
debt-to-equity ratio is set aside for both: First Horizon (FHN) in Banks and Lloyds Banking (LYG) 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
| Metric | FHN | LYG |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
First Horizon (FHN) at 2.85% pays a yield in its industry’s typical range, while Lloyds Banking (LYG) at 0.77% falls in the bottom quartile of its peers.
FHN
Banks industry group
2.85%
- Max
- 5.79%
- Q3
- 3.18%
- FHN
- 2.85%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
LYG
Banks industry group
0.77%
- Max
- 5.79%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- LYG
- 0.77%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both First Horizon (FHN) at 47.48% and Lloyds Banking (LYG) at 41.85% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
FHN
Banks industry group
47.48%
- Max
- 70.75%
- FHN
- 47.48%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
LYG
Banks industry group
41.85%
- Max
- 70.75%
- LYG
- 41.85%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | FHN | LYG |
|---|---|---|
| Dividend Yield (TTM) | 2.85% | 0.77% |
| Dividend Payout Ratio (TTM) | 47.48% | 41.85% |
Valuation
P/E Ratio (TTM)
Lloyds Banking (LYG) at 9.79 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.
FHN
Banks industry group
16.58
- Max
- 18.16
- FHN
- 16.58
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
LYG
Banks industry group
9.79
- Max
- 18.16
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- LYG
- 9.79
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both First Horizon (FHN) in Banks and Lloyds Banking (LYG) 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.
P/B Ratio (MRQ)
On P/B ratio, both First Horizon (FHN) at 1.34 and Lloyds Banking (LYG) at 1.19 are valued close to their industries’ norm against book — neither stands out from peers.
FHN
Banks industry group
1.34
- Max
- 2.28
- Q3
- 1.58
- FHN
- 1.34
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
LYG
Banks industry group
1.19
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- LYG
- 1.19
- Q1
- 1.10
- Min
- 0.59
Valuation Metrics
| Metric | FHN | LYG |
|---|---|---|
| P/E Ratio (TTM) | 16.58 | 9.79 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.34 | 1.19 |
| Free Cash Flow Yield (TTM) | -- | -- |