First Horizon Corporation's shares fell after reporting mixed results, with a $4.5 billion mortgage sale aimed at reinvesting at higher yields to boost future net interest income and earnings per share. However, this move caused a current capital hit and rising deposit costs are compressing net interest margins. Despite solid deposit growth in competitive Southeast markets, the near-term upside is limited, leading analysts to rate the stock as a 'hold' with fair value near $24 and a potential buying opportunity if the price drops to $21.
Following First Horizon's announcement of a $4.5 billion mortgage sale to reposition loans, its shares are trading at USD 23.09 on Pluang as of Oct 15, 2026 22:32 WIB, showing a 1.85% gain for the day. The stock's market cap stands at $10.74 billion, with a dividend yield of 3%. Investor interest on Pluang is fully on the buy side, reflecting confidence despite the mixed quarterly results.
