First Horizon Corporation (FHN)
NYSE: FHN · Real-Time Price · USD
19.23
-0.05 (-0.26%)
At close: Mar 28, 2025, 4:00 PM
19.26
+0.03 (0.15%)
After-hours: Mar 28, 2025, 8:00 PM EDT
First Horizon Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 3,910 | 3,626 | 2,331 | 1,990 | 1,752 | Upgrade
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| Interest Income on Investments | 442 | 474 | 352 | 168 | 146 | Upgrade
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| Total Interest Income | 4,352 | 4,100 | 2,683 | 2,158 | 1,898 | Upgrade
|
| Interest Paid on Deposits | 1,620 | 1,266 | 184 | 81 | 152 | Upgrade
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| Interest Paid on Borrowings | 221 | 294 | 107 | 83 | 84 | Upgrade
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| Total Interest Expense | 1,841 | 1,560 | 291 | 164 | 236 | Upgrade
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| Net Interest Income | 2,511 | 2,540 | 2,392 | 1,994 | 1,662 | Upgrade
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| Net Interest Income Growth (YoY) | -1.14% | 6.19% | 19.96% | 19.98% | 37.35% | Upgrade
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| Trust Income | 48 | 47 | 48 | 51 | 39 | Upgrade
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| Mortgage Banking Activities | 35 | 23 | 68 | 154 | 129 | Upgrade
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| Gain (Loss) on Sale of Assets | - | 9 | 22 | 6 | - | Upgrade
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| Gain (Loss) on Sale of Investments | -89 | -4 | 18 | 13 | -6 | Upgrade
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| Other Non-Interest Income | 509 | 448 | 488 | 677 | 649 | Upgrade
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| Total Non-Interest Income | 679 | 702 | 815 | 1,076 | 959 | Upgrade
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| Non-Interest Income Growth (YoY) | -3.28% | -13.87% | -24.26% | 12.20% | 46.64% | Upgrade
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| Revenues Before Loan Losses | 3,190 | 3,242 | 3,207 | 3,070 | 2,621 | Upgrade
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| Provision for Loan Losses | 150 | 260 | 95 | -310 | 503 | Upgrade
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| Revenue | 3,040 | 2,982 | 3,112 | 3,380 | 2,118 | Upgrade
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| Revenue Growth (YoY) | 1.94% | -4.18% | -7.93% | 59.59% | 16.44% | Upgrade
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| Salaries and Employee Benefits | 1,078 | 1,064 | 1,026 | 1,167 | 1,001 | Upgrade
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| Occupancy Expenses | 87 | 80 | 83 | 90 | 78 | Upgrade
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| Federal Deposit Insurance | 64 | 122 | 32 | 24 | - | Upgrade
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| Amortization of Goodwill & Intangibles | 44 | 47 | 51 | 56 | 40 | Upgrade
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| Selling, General & Administrative | 460 | 436 | 481 | 462 | 354 | Upgrade
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| Other Non-Interest Expense | 284 | 269 | 273 | 212 | 225 | Upgrade
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| Total Non-Interest Expense | 2,035 | 2,079 | 1,953 | 2,025 | 1,698 | Upgrade
|
| EBT Excluding Unusual Items | 1,005 | 903 | 1,159 | 1,355 | 420 | Upgrade
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| Asset Writedown | - | - | - | -34 | -7 | Upgrade
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| Other Unusual Items | - | - | - | - | 533 | Upgrade
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| Pretax Income | 1,005 | 1,128 | 1,159 | 1,284 | 933 | Upgrade
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| Income Tax Expense | 211 | 212 | 247 | 274 | 76 | Upgrade
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| Earnings From Continuing Operations | 794 | 916 | 912 | 1,010 | 857 | Upgrade
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| Minority Interest in Earnings | -19 | -19 | -12 | -11 | -12 | Upgrade
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| Net Income | 775 | 897 | 900 | 999 | 845 | Upgrade
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| Preferred Dividends & Other Adjustments | 37 | 32 | 32 | 37 | 23 | Upgrade
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| Net Income to Common | 738 | 865 | 868 | 962 | 822 | Upgrade
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| Net Income Growth | -13.60% | -0.33% | -9.91% | 18.22% | 91.61% | Upgrade
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| Basic Shares Outstanding | 540 | 548 | 535 | 546 | 432 | Upgrade
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| Diluted Shares Outstanding | 544 | 562 | 566 | 551 | 434 | Upgrade
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| Shares Change (YoY) | -3.11% | -0.76% | 2.68% | 27.10% | 37.40% | Upgrade
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| EPS (Basic) | 1.37 | 1.58 | 1.62 | 1.76 | 1.90 | Upgrade
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| EPS (Diluted) | 1.36 | 1.54 | 1.53 | 1.74 | 1.89 | Upgrade
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| EPS Growth | -11.69% | 0.65% | -12.07% | -7.94% | 36.96% | Upgrade
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| Dividend Per Share | 0.600 | 0.600 | 0.600 | 0.600 | 0.600 | Upgrade
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| Dividend Growth | - | - | - | - | 7.14% | Upgrade
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| Effective Tax Rate | 21.00% | 18.79% | 21.31% | 21.34% | 8.15% | Upgrade
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Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.