First Horizon Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-	775	897	900	999
Depreciation & Amortization	-	101	102	85	45
Gain (Loss) on Sale of Assets	-	-3	-9	-1	29
Gain (Loss) on Sale of Investments	-	89	4	-18	-13
Provision for Credit Losses	-	75	248	202	-515
Net Decrease (Increase) in Loans Originated / Sold - Operating	-	-966	-1,112	-1,418	-2,193
Other Operating Activities	-	1,138	1,133	2,466	2,330
Operating Cash Flow	-	1,268	1,299	2,291	725
Operating Cash Flow Growth	-	-2.39%	-43.30%	216.00%	321.51%
Capital Expenditures	-	-44	-37	-28	-53
Sale of Property, Plant and Equipment	-	8	1	18	42
Investment in Securities	-	296	704	11,450	-8,156
Divestitures	-	-	11	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-	-1,337	-3,303	-3,204	3,525
Other Investing Activities	-	19	19	97	41
Investing Cash Flow	-	-1,058	-2,605	8,333	-4,601
Short-Term Debt Issued	-	851	43	382	-
Long-Term Debt Issued	-	43	-	4	-
Total Debt Issued	-	894	43	386	-
Short-Term Debt Repaid	-	-	-	-	-75
Long-Term Debt Repaid	-	-	-449	-	-108
Total Debt Repaid	-	-	-449	-	-183
Net Debt Issued (Repaid)	-	894	-406	386	-183
Issuance of Common Stock	-	9	5	36	28
Repurchase of Common Stock	-	-626	-10	-12	-416
Preferred Stock Issued	-	-	-	494	145
Preferred Share Repurchases	-	-100	-	-	-100
Common Dividends Paid	-	-332	-335	-324	-333
Preferred Dividends Paid	-	-29	-32	-32	-33
Total Dividends Paid	-	-361	-367	-356	-366
Net Increase (Decrease) in Deposit Accounts	-	-201	2,289	-11,406	4,919
Other Financing Activities	-	-19	-17	-11	-11
Financing Cash Flow	-	-404	1,494	-10,869	4,016
Net Cash Flow	-	-194	188	-245	140
Free Cash Flow	-	1,224	1,262	2,263	672
Free Cash Flow Growth	-	-3.01%	-44.23%	236.76%	489.47%
Free Cash Flow Margin	-	40.26%	42.32%	72.72%	19.88%
Free Cash Flow Per Share	-	2.25	2.25	4.00	1.22
Cash Interest Paid	-	1,869	1,428	280	170
Cash Income Tax Paid	-	99	104	13	228

Source: S&P Global Market Intelligence. Banks template. Financial Sources.