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The Bull Case For First Horizon (FHN) Could Change Following Analyst Shifts And New Charlotte Leader

Simply Wall St · 1d ago
  • In recent days, First Horizon Bank announced that experienced banker Justin Rutledge has joined as Charlotte Market President, while the parent company scheduled its fourth-quarter and full-year 2025 results release and investor call for January 15, 2026.
  • Alongside these management and disclosure updates, a series of analyst rating changes and refreshed views on the stock have sharpened how the market assesses First Horizon’s prospects.
  • We’ll now examine how the recent analyst sentiment shift, alongside the Charlotte leadership hire, may influence First Horizon’s investment narrative.

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First Horizon Investment Narrative Recap

To own First Horizon, you need to be comfortable with a regional bank that is growing within a still-uncertain macro backdrop, where credit quality and net interest margins remain key swing factors. The Charlotte Market President hire and the scheduled January 15, 2026 earnings call do not materially change the near term catalyst, which remains how the bank balances growth with credit risk, or the primary risk from rising provision expenses and pressure on loan yields.

The most relevant recent development here is the cluster of analyst rating changes, including JP Morgan lifting its price target while maintaining a Neutral view and an average brokerage stance of Outperform across 19 firms. This refreshed external sentiment frames how investors might interpret upcoming earnings commentary on provisions, net charge offs and fee income trends, all of which sit at the heart of both the current catalyst and the credit quality risk story.

Yet while optimism around ratings and leadership changes can be encouraging, investors should still pay close attention to the rising provision expense and...

Read the full narrative on First Horizon (it's free!)

First Horizon's narrative projects $3.7 billion revenue and $965.0 million earnings by 2028. This requires 6.7% yearly revenue growth and an earnings increase of about $149 million from $816.0 million today.

Uncover how First Horizon's forecasts yield a $25.25 fair value, a 6% upside to its current price.

Exploring Other Perspectives

FHN Earnings & Revenue Growth as at Dec 2025
FHN Earnings & Revenue Growth as at Dec 2025

Three members of the Simply Wall St Community estimate First Horizon’s fair value between US$25.25 and US$29.59, reflecting a wide spread of personal views. Set against concerns about higher provision expenses and credit quality, this range underlines how differently investors can weigh the same risks and why it helps to compare several perspectives.

Explore 3 other fair value estimates on First Horizon - why the stock might be worth as much as 24% more than the current price!

Build Your Own First Horizon Narrative

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.