First Horizon National Corp
How Does First Horizon National Compare to Its Peers?
First Horizon outperformed its peers based on the forward PE ratio and PBV ratio. The ETFs outperformed First Horizon based on the price movement.
First Horizon Reported Mixed Results in 3Q15
First Horizon National has a market cap of $3.23 billion. After the earnings report in 3Q15, it fell by 1.2% to close at $13.80 per share as of October 16, 2015.
Revenue Diversification: A Key Priority for Regions Financial
During 1Q15, Regions Financial (RF) repurchased $102 million of common stock—completing its $350 million 2014 repurchase program.
Is Regions Financial stock undervalued?
Regions Financial’s stock price hasn’t recovered since it fell during the crisis. It has the lowest price-to-book ratio of ~0.8 in its peer group.
Why inorganic growth works for Regions Financial
A substantial portion of Regions Financial’s growth has been through the acquisition of other financial institutions. The bank was formed in 1971.