Is FCF or FHN more undervalued in 2026?

CirclFi compares First (FCF) and First Horizon Corporation (FHN) using 13 institutional-grade valuation models. FCF has a Quality of Company score of 8.7/10 while FHN scores 8.9/10.

Which is a better buy — FCF or FHN?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do FCF and FHN valuations compare?

FCF at $18.94 and FHN at $24.23 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

FCF vs FHN Valuation Comparison 2026 — Intrinsic Value Analysis

FCF

National Commercial Banks

First

Quality

8.7

out of 10

Value Trap

SAFE

Price

$18.94

Last close

Models

11/13

Active

FHN

National Commercial Banks

First Horizon Corporation

Quality

8.9

out of 10

Value Trap

SAFE

Price

$24.23

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	FCF Fair Value	FCF Upside	FHN Fair Value	FHN Upside
Bayesian DCF	Intrinsic	$13.48	-28.8%	$6.82	-71.8%
Earnings Power Value	Intrinsic	$12.12	-36.0%	$10.49	-56.7%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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FCF vs FHN — Which Stock Is More Undervalued?

FHN scores higher with a 8.9/10 quality rating vs FCF's 8.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing First (FCF) and First Horizon Corporation (FHN) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

FCF currently trades at $18.94 with a QOC of 8.7/10, while FHN trades at $24.23 with a QOC of 8.9/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).