First Horizon is a bank holding company. Through its principal subsidiary, First Horizon Bank (the Bank), Co. provides regional banking, mortgage lending, title insurance, specialized commercial lending, commercial leasing and equipment financing, brokerage, wealth management, capital markets, and other financial services to commercial, consumer, and governmental clients throughout the U.S. Co.'s operating segments are: Regional Banking, which provides financial products and services, including conventional lending and deposit taking; and Specialty Banking, which consists of lines of business that deliver product offerings and services with specialized industry knowledge. We show 57 historical shares outstanding datapoints in our FHN shares outstanding history coverage, used to compute FHN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FHN market cap history over the course of time is important for investors
interested in comparing FHN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of FHN versus a peer is one thing; comparing
FHN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like FHN can fluctuate over the course of history.
With this page we aim to empower investors researching FHN by allowing them to research the FHN market cap history. |
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Video: The Importance of Market Cap
