First Horizon PE ratio FHN

Share price divided by earnings per share over the last twelve months, since 2011.

Today, Oct 23, 2026: 11.2×
10-year median: 12.6×
Against its 10-year history: 40th; percentile: 0 is its lowest day, 100 its highest
10-year range: 5.2× to 31.1×
Peer median: 11.6×

First Horizon's PE ratio is 11.2× as of Oct 23, 2026: a share price of $23.44 against $2.09 of earnings per share over the last twelve months.

That is below its ten-year median of 12.6×, close to the middle of its last ten years.

Over that time it ranged from 5.2× in Apr 2020 to 31.1× in Aug 2018.

The median for 10 diversified banks of a similar size is 11.6×.

PE ratio over time

median 12.6×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	11.2×	10.9×	15.9×
2025	14.9×	11.9×	16.2×
2024	14.6×	8.2×	15.3×
2023	8.5×	5.5×	16.8×
2022	16.6×	9.7×	16.9×
2021	9.3×	6.6×	11.6×
2020	8.3×	5.2×	13.2×
2019	12.6×	7.9×	13.7×
2018	11.3×	11.1×	31.1×
2017	17.8×	14.7×	22.4×
2016	22.0×	15.1×	42.7×
2015	42.7×	13.7×	56.8×
2014	15.1×	14.0×	205×
2013	194×	17.7×	194×
2012	17.6×	16.9×	53.3×
2011	44.4×	37.7×	262×

Against its peers

Companies in Banks - Diversified nearest First Horizon's size, closest first, today.

Company	PE ratio
FHNFirst Horizon	11.2×
UMBFUMB Financial	11.3×
CFRCullen/Frost Bankers	14.8×
ONBOld National Bancorp	11.3×
ZIONZions Bancorporation, National Association	8.4×
PNFPPinnacle Financial Partners	13.8×
BOKFBOK Financial	12.1×
VLYValley National Bancorp	11.9×
FNBFNB	10.8×
FULTFulton Financial	11.3×
WSFSWSFS Financial	13.2×
Peer median	11.6×

Where First Horizon ranks

#17of 65Diversified banks with the lowest PE ratio

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on First Horizon

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.