FHN, US3205171057

RBC Capital keeps USD 30.00 target for First Horizon stock

Published on 10/15/2026 at 22:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue was USD 1.24 billion versus USD 1.21 billion. First Horizon stock costs EUR 20.30 on October 15, 2026 at 10:52 p.m. CEST.

Analyst view and balance sheet

On October 9, 2026, RBC Capital maintained a Buy rating and a USD 30.00 target for First Horizon.
Second-quarter 2026 revenue reached USD 1.24 billion versus USD 1.21 billion a year earlier.
First Horizon stock costs EUR 20.30 at Lang & Schwarz on October 15, 2026 at 10:52 p.m. CEST.
First Horizon had a P/E ratio of 14.38 and a market capitalization of USD 10.8 billion on October 15, 2026.

FHN, US3205171057, Illustration mit AI erstellt.

RBC Capital maintained a Buy rating on First Horizon and kept its USD 30.00 price target in a report dated October 9, 2026, according to Markets Insider. The target is a clear reference point for the bank stock after a volatile period for regional lenders. First Horizon stock was at EUR 20.30 at Lang & Schwarz on October 15, 2026 at 10:52 p.m. CEST.

Second-quarter revenue reached USD 1.24 billion

First Horizon generated USD 1.24 billion in revenue in the second quarter of 2026, compared with USD 1.21 billion in the year-earlier quarter. Net profit was USD 271 million, up from USD 241 million, according to Markets Insider.

The balance sheet remained substantial at the end of June. First Horizon reported USD 84.4 billion in assets, USD 68.1 billion in deposits and USD 65.3 billion in loans on its investor-relations page, with the figures dated June 30, 2026, according to First Horizon.

Price range frames the valuation

First Horizon's 52-week range was USD 19.80 to USD 26.56 as of October 15, 2026. The market capitalization stood at USD 10.8 billion, while the trailing P/E ratio was 14.38. The euro quotation gives German investors a separate trading reference from the NYSE listing.

Regional banks provide a useful comparison

First Horizon: P/E 14.38, market capitalization USD 10.8 billion

U.S. Bancorp (NYSE, USD): P/E 11.19, market capitalization USD 89.4 billion

Fifth Third Bancorp (NYSE, USD): P/E 17.18, market capitalization USD 45.7 billion

Investor view stays tied to targets

RBC Capital's USD 30.00 target sits above the current home-market quotation, but the report retained the Buy rating rather than introducing a new recommendation. The second-quarter figures give that view an operating benchmark, while the balance-sheet data show the scale of the franchise. First Horizon operates through regional banking, specialty banking and corporate divisions and serves commercial, private-banking, consumer and wealth-management clients.

Euro quotation after the Xetra close

First Horizon stock was trading at EUR 20.30 at Lang & Schwarz on October 15, 2026 at 10:52 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of First Horizon stock.