FHN vs. RY: First Horizon vs. Royal Bank of Canada Stock Comparison

Company Profile

First Horizon (FHN) and Royal Bank of Canada (RY) both belong to the Banks industry, though FHN is classified under Regional Banks while RY falls under Diversified Banks.

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

Royal Bank of Canada (RY) at 16.21% 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.

Royal Bank of Canada (RY) at 33.87% 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 Royal Bank of Canada (RY) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Growth

Both First Horizon (FHN) at 7.33% and Royal Bank of Canada (RY) at 15.73% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Only one side can be read here: First Horizon (FHN) reports EPS growth of 37.50%, ranked against its industry; Royal Bank of Canada (RY) has no EPS growth figure this period.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: First Horizon (FHN) in Banks and Royal Bank of Canada (RY) 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 Royal Bank of Canada (RY) 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

Royal Bank of Canada (RY) at 3.23% delivers top-quartile income for its industry, while First Horizon (FHN) at 2.85% pays a more typical yield — both are credible income propositions, RY the richer one.

Both First Horizon (FHN) at 47.48% and Royal Bank of Canada (RY) at 41.49% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

Dividend Metrics

Valuation

Both First Horizon (FHN) at 16.58 and Royal Bank of Canada (RY) at 17.58 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

P/S ratio is set aside for both First Horizon (FHN) in Banks and Royal Bank of Canada (RY) 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 sits near its industry’s typical P/B ratio, while Royal Bank of Canada (RY) at 2.92 prices above its benchmark range — RY looks rich relative to book.

Valuation Metrics