First Horizon (FHN) vs Zions Bancorporation N.A. (ZION)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Zions Bancorporation N.A. (ZION) has outperformed First Horizon (FHN) over the past year, gaining 11.9% versus a loss of 1.5%. Over five years, FHN leads with a +37.4% price change compared with +0.6% for ZION. First Horizon is the larger company by market cap ($10.93 billion vs $9.12 billion), about 1.2 times the size.
On valuation, Zions Bancorporation N.A. trades at a lower forward P/E (9.2x vs 10.0x for First Horizon). Zions Bancorporation N.A. offers the higher dividend yield (2.88% vs 2.77%). Zions Bancorporation N.A. converts more of its revenue into profit, with a net margin of 135.8% versus 28.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FHN | ZION |
|---|---|---|
| Share price | $23.08 | $62.49 |
| Market cap | $10.93B | $9.12B |
| 1-day change | -0.99% | -0.38% |
| YTD return | -3.43% | +6.75% |
| 1-year return | -1.49% | +11.93% |
| 5-year return | +37.38% | +0.56% |
| P/E ratio (TTM) | 11.20 | 7.99 |
| Forward P/E | 9.95 | 9.17 |
| EPS (TTM) | $2.06 | $7.82 |
| Dividend yield | 2.77% | 2.88% |
| Annual dividend | $0.64 | $1.80 |
| Revenue (latest FY) | $3.42B | $662.00M |
| Revenue growth (YoY) | +7.18% | +3.60% |
| Net income (latest FY) | $982.00M | $899.00M |
| Net margin | 28.72% | 135.80% |
| 52-week high | $26.56 | $73.34 |
| 52-week low | $19.80 | $46.19 |
| Distance from 52-week high | -13.10% | -14.79% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +18.93% | +17.04% |
| Average volume | 5.33M | 1.51M |
| Shares outstanding | 473.78M | 145.95M |
| Employees | 7,400 | 9,039 |
| Sector | Finance | Finance |
| Industry | Major Banks | Major Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ZION has outperformed FHN by 13.4 percentage points over the past year.
- First Horizon trades at a higher earnings multiple (11.2x vs 8.0x trailing P/E).
- Zions Bancorporation N.A. is more profitable, keeping 135.8 cents of every revenue dollar as net income versus 28.7 cents for First Horizon.
About First Horizon
FHN stock →First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. It operates through Regional Banking, Specialty Banking, and Corporate segments.
Finance · Major Banks · 7,400 employees
About Zions Bancorporation N.A.
ZION stock →Zions Bancorporation, National Association provides various banking products and related services primarily in the states of Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company operates through Zions Bank, California Bank & Trust, Amegy Bank, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and The Commerce Bank of Washington segments.
Finance · Major Banks · 9,039 employees
FHN vs ZION FAQ
Which is bigger, First Horizon or Zions Bancorporation N.A.?
First Horizon (FHN) is larger, with a market capitalization of $10.93B compared with $9.12B for Zions Bancorporation N.A. (ZION).
Which stock has performed better over the past year, FHN or ZION?
ZION returned +11.93% over the past 12 months, compared with -1.49% for FHN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FHN or ZION?
ZION has the lower trailing P/E at 8.0, versus 11.2 for FHN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, First Horizon or Zions Bancorporation N.A.?
Zions Bancorporation N.A. has the higher yield at 2.88%, compared with 2.77% for First Horizon.
Are First Horizon and Zions Bancorporation N.A. in the same industry?
Yes. Both are classified in the Major Banks industry within the Finance sector.