FHN vs. TFC: First Horizon vs. Truist Financial Stock Comparison
How do First Horizon (FHN) and Truist Financial (TFC) 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 Truist Financial (TFC) are both classified in the Regional Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.
| Profile Item | FHN | TFC |
|---|---|---|
| Name | First Horizon Corporation | Truist Financial Corporation |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Banks | Banks |
| GICS Industry | Banks | Banks |
| GICS Sub-Industry | Regional Banks | Regional Banks |
| Market Capitalization | 10.85 billion USD | 59.18 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | March 18, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FHN | TFC |
|---|---|---|
| Total Return (1Y) | 12.96% | 18.58% |
| Total Return (3Y, Annualized) | 32.94% | 25.74% |
| Total Return (5Y, Annualized) | 10.16% | -0.01% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FHN | TFC |
|---|---|---|
| Volatility (1Y, Annualized) | 22.55% | 23.91% |
| Beta (5Y) | 0.61 | 0.88 |
| Max Drawdown (5Y) | -60.76% | -59.11% |
| Avg. Volume (3M) | 5.55M | 7.35M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FHN | TFC |
|---|---|---|
| Sharpe Ratio (1Y) | 0.38 | 0.60 |
| Sortino Ratio (1Y) | 0.56 | 0.83 |
Profitability
ROE (TTM)
Both First Horizon (FHN) at 7.92% and Truist Financial (TFC) at 8.16% produce bottom-quartile ROE versus peers, pointing to weaker profit generation on shareholders’ 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%
TFC
Banks industry group
8.16%
- Max
- 19.84%
- Q3
- 13.67%
- Median
- 11.49%
- Q1
- 9.50%
- TFC
- 8.16%
- Min
- 3.64%
Net Margin (TTM)
Truist Financial (TFC) at 28.38% 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%
TFC
Banks industry group
28.38%
- Max
- 47.19%
- Q3
- 35.25%
- Median
- 31.21%
- TFC
- 28.38%
- Q1
- 27.11%
- Min
- 14.93%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for First Horizon (FHN) in Banks and Truist Financial (TFC) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | FHN | TFC |
|---|---|---|
| ROE (TTM) | 7.92% | 8.16% |
| ROA (TTM) | 0.87% | 0.95% |
| Net Margin (TTM) | 23.43% | 28.38% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Truist Financial (TFC) at 53.03% clears its industry range for revenue growth, far stronger top-line momentum than First Horizon (FHN) at 7.33%, which is closer to a typical peer reading.
EPS Growth
First Horizon (FHN) at 37.50% sits in the top EPS growth quartile, while Truist Financial (TFC) at 13.69% is closer to the peer norm — faster per-share earnings growth for FHN.
Growth Metrics
| Metric | FHN | TFC |
|---|---|---|
| Revenue Growth (YoY) | 7.33% | 53.03% |
| Revenue Growth (3Y CAGR) | 2.12% | 0.57% |
| EPS Growth (YoY) | 37.50% | 13.69% |
| EPS Growth (3Y CAGR) | 6.92% | -4.82% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: First Horizon (FHN) in Banks and Truist Financial (TFC) 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 Truist Financial (TFC) 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 | TFC |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Truist Financial (TFC) at 4.17% delivers top-quartile income for its industry, while First Horizon (FHN) at 2.85% pays a more typical yield — both are credible income propositions, TFC the richer one.
FHN
Banks industry group
2.85%
- Max
- 5.79%
- Q3
- 3.18%
- FHN
- 2.85%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
TFC
Banks industry group
4.17%
- Max
- 5.79%
- TFC
- 4.17%
- Q3
- 3.18%
- Median
- 2.39%
- Q1
- 1.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both First Horizon (FHN) at 47.48% and Truist Financial (TFC) at 53.61% 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%
TFC
Banks industry group
53.61%
- Max
- 70.75%
- TFC
- 53.61%
- Q3
- 41.28%
- Median
- 29.26%
- Q1
- 18.98%
- Min
- 0.00%
Dividend Metrics
| Metric | FHN | TFC |
|---|---|---|
| Dividend Yield (TTM) | 2.85% | 4.17% |
| Dividend Payout Ratio (TTM) | 47.48% | 53.61% |
Valuation
P/E Ratio (TTM)
Truist Financial (TFC) at 12.73 is near its industry’s usual P/E ratio, while First Horizon (FHN) at 16.58 sits in the richer quartile — FHN needs stronger growth or earnings quality to justify the premium.
FHN
Banks industry group
16.58
- Max
- 18.16
- FHN
- 16.58
- Q3
- 13.75
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
TFC
Banks industry group
12.73
- Max
- 18.16
- Q3
- 13.75
- TFC
- 12.73
- Median
- 11.81
- Q1
- 10.64
- Min
- 6.49
P/S Ratio (TTM)
P/S ratio is set aside for both First Horizon (FHN) in Banks and Truist Financial (TFC) 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)
Truist Financial (TFC) at 1.06 sits in the lower P/B ratio quartile against book while First Horizon (FHN) at 1.34 is valued near its industry’s middle — TFC is cheaper on assets, though weigh it against ROE and asset quality.
FHN
Banks industry group
1.34
- Max
- 2.28
- Q3
- 1.58
- FHN
- 1.34
- Median
- 1.32
- Q1
- 1.10
- Min
- 0.59
TFC
Banks industry group
1.06
- Max
- 2.28
- Q3
- 1.58
- Median
- 1.32
- Q1
- 1.10
- TFC
- 1.06
- Min
- 0.59
Valuation Metrics
| Metric | FHN | TFC |
|---|---|---|
| P/E Ratio (TTM) | 16.58 | 12.73 |
| P/S Ratio (TTM) | -- | -- |
| P/B Ratio (MRQ) | 1.34 | 1.06 |
| Free Cash Flow Yield (TTM) | -- | -- |