First Horizon Shares Dip 0.44% on 441st Ranked Volume as $780M LPL Partnership Drives Strategic Expansion

On August 29, 2025, First Horizon (FHN) closed at $22.60, reflecting a 0.44% decline on a trading volume of $210 million, ranking 441st in market activity. The stock’s performance aligns with broader market volatility, as regional banks face mixed investor sentiment amid shifting interest rate expectations.

A key development influencing FHN was the recent onboarding of First Horizon Advisors to LPL Financial’s institutional services platform, announced on August 27. This partnership, valued at $780 million in assets, highlights FHN’s strategic integration into broader financial networks. However, the stock’s modest decline suggests investors may be weighing the long-term impact of such partnerships against macroeconomic uncertainties, including potential Fed rate cuts and sector-specific challenges in regional banking.

Backtest results for FHN over the past five years show a total return of 180.82%, outpacing the S&P 500’s 84.16% but lagging behind peers in the financial sector. The stock has maintained a beta of 0.67, indicating lower volatility relative to the market, while its forward P/E ratio of 13.07 reflects cautious optimism about earnings growth. Recent activity, including the LPL partnership, remains under evaluation for its potential to drive asset inflows and operational efficiency.