FHN vs. SHG: First Horizon vs. Shinhan Financial Stock Comparison

Company Profile

First Horizon (FHN) and Shinhan Financial (SHG) both belong to the Banks industry, though FHN is classified under Regional Banks while SHG falls under Diversified Banks.

First Horizon (FHN) trades as ordinary local shares, while Shinhan Financial (SHG) 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

Both First Horizon (FHN) at 7.92% and Shinhan Financial (SHG) at 8.94% produce bottom-quartile ROE versus peers, pointing to weaker profit generation on shareholders’ equity.

Both First Horizon (FHN) at 23.43% and Shinhan Financial (SHG) at 26.15% let more of each sales dollar slip away before the bottom line than peers do, sitting in the lower net margin quartile of their industries.

Neither side reports a meaningful operating margin: for First Horizon (FHN) in Banks and Shinhan Financial (SHG) 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 Shinhan Financial (SHG) at 4.66% 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 Shinhan Financial (SHG) at 16.24% 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 Shinhan Financial (SHG) 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 Shinhan Financial (SHG) 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; Shinhan Financial (SHG) at 4,638.28% 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.

Shinhan Financial (SHG) at 25.22% pays out a band-typical share of earnings, while First Horizon (FHN) at 47.48% distributes more than its industry norm — less retained, thinner cover.

Dividend Metrics

Valuation

Shinhan Financial (SHG) at 7.98 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 Shinhan Financial (SHG) 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.

Shinhan Financial (SHG) at 0.66 sits in the lower P/B ratio quartile against book while First Horizon (FHN) at 1.34 is valued near its industry’s middle — SHG is cheaper on assets, though weigh it against ROE and asset quality.

Valuation Metrics