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FHN-P-H

FIRST HORIZON CORP · Series H · Banks
Also quoted as: FHN-H, FHNprH, FHN.PRH, FHN-PH, FHNpH
$25.00
last price

About this security

FHN-P-H is a 6.75% non-cumulative perpetual preferred stock issued by FIRST HORIZON CORP, a Banks issuer. $25 liquidation preference, current yield 6.75%, callable from 2031-04-10.

FIRST HORIZON CORP: First Horizon Corporation is a Memphis, Tennessee-based bank holding company and financial holding company incorporated in 1968, operating primarily through First Horizon Bank — a Tennessee banking institution originally founded in 1864 as First National Bank of Memphis. With $84 billion in total consolidated assets as of December 31, 2025, it ranks among the larger regional banks in the U.S. The company offers a broad range of services including commercial banking, private banking, consumer and small business banking, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking, with over 450 business locations across 23 U.S. states. ↗

Issuer page — all FIRST HORIZON CORP securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 06:55:12 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
6.75%
Annual Dividend
$1.6875
Recent Market Price
$25.00
as of 2026-06-17
Disc/Prem to Par (→ screen)
+0.00% (+$0.00)
Recent Ex-Date
unconfirmed (not in feed)
Pay Frequency
quarterly
Cumulative
No
Original Coupon
6.750%
Call Date
2031-04-10
Yield to Call
6.75%
Yield to Worst
6.75%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Pay Dates
January 10, April 10, July 10, October 10
Shares Offered (original)
16,000,000
Issued
2026-03-12
Series
H
Alt. Symbology
FHN-H, FHNprH, FHN.PRH, FHN-PH, FHNpH

vs. Banks category (76 issues): yield 6.75% vs avg 6.67% · discount +0.0% vs avg -13.4%

Quote

 FHN-P-H (preferred)FHN (common)
Last $25.00 $25.14
Change — —
Open$25.02$25.00
High / Low $25.02 / $24.97 $25.27 / $24.95
Prev Close——
Volume282,5764,632,253
52-Week High / Low $25.23 / $23.79 $26.56 / $19.04

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

● FHN-P-H ● FHN (common)

Dividend History

No recent dividends — distribution may be suspended (check cumulative status) or newly issued.

Performance — $10K Calculator

See what an investment in FHN-P-H would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for FHN-P-H →

Prospectus (SEC 424B5)

First Horizon Corporation 16,000,000 Depositary Shares Each Representing 1/4,000th Interest in a Share of Non-Cumulative Perpetual Preferred Stock, Series H. Each of the 16,000,000 depositary shares offered hereby represents a 1/4,000th ownership interest in a share of Non-Cumulative Perpetual Preferred Stock, Series H, $100,000 liquidation preference per share (equivalent to $25 per depositary share).

Use of proceeds: Net proceeds of approximately $391.7 million will be used for general corporate purposes.

Full Prospectus (SEC filing) →

Other Securities from FIRST HORIZON CORP

SymbolTypeCouponPriceYield
FHN-P-E preferred 6.500% 24.33 6.68%
FHN-P-F preferred 4.700% 17.35 6.77%

News — FIRST HORIZON CORP

Issuer news via Tiingo, tagged to FHN.

Related Articles

About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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