First Horizon Corporation (FHN)

First Horizon Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	2,658	2,622	2,511	2,540	2,392	1,994
Net Interest Income Growth	5.60%	4.42%	-1.14%	6.19%	19.96%	19.98%
Non-Interest Income	918	797	679	927	815	1,076
Non-Interest Income Growth	21.43%	17.38%	-26.75%	13.74%	-24.26%	-27.88%
Revenues Before Loan Losses	888	3,419	3,190	3,467	3,207	3,070
Provision for Credit Losses	40	65	150	260	95	-310
Revenue	848	3,354	3,040	3,207	3,112	3,380
Revenue Growth (YoY)	43.97%	10.33%	-5.21%	3.05%	-7.93%	27.50%
Compensation Expenses	1,170	1,159	1,137	1,100	1,101	1,210
Selling, General & Admin	779	551	508	490	576	589
Other Non-Interest Expenses	814	737	735	810	649	677
Total Non-Interest Expense	2,091	2,074	2,035	2,079	1,953	2,096
Pretax Income	1,338	1,280	1,005	1,128	1,159	1,284
Provision for Income Taxes	295	282	211	212	247	274
Net Income	1,001	956	738	865	868	962
Minority Interest in Earnings	16	16	19	19	12	11
Net Income Attributable to Preferred Dividends	26	26	37	32	32	37
Net Income to Common	1,001	956	738	865	868	962
Net Income Growth	30.51%	29.54%	-14.68%	-0.35%	-9.77%	17.03%
Shares Outstanding (Basic)	496	505	540	548	535	546
Shares Outstanding (Diluted)	502	511	544	562	566	551
Shares Change (YoY)	-6.33%	-6.10%	-3.11%	-0.76%	2.68%	27.10%
EPS (Basic)	2.02	1.89	1.37	1.58	1.62	1.76
EPS (Diluted)	2.00	1.87	1.36	1.54	1.53	1.74
EPS Growth	38.89%	37.50%	-11.69%	0.65%	-12.07%	-7.94%
Shares Outstanding	480.31	484.83	524.28	558.84	537.1	533.58
Free Cash Flow	525	595	1,224	1,262	2,263	672
Free Cash Flow Growth	-11.77%	-51.39%	-3.01%	-44.23%	236.76%	489.47%
Free Cash Flow Per Share	1.05	1.16	2.25	2.25	4.00	1.22
Dividends Per Share	0.620	0.600	0.600	0.600	0.600	0.600
Dividend Growth	3.33%	-	-	-	-	-
Profit Margin	123.00%	29.76%	26.12%	28.56%	29.31%	29.88%
FCF Margin	61.91%	17.74%	40.26%	39.35%	72.72%	19.88%
EBITDA	64	64	101	102	85	45
EBITDA Margin	7.55%	1.91%	3.32%	3.18%	2.73%	1.33%
Effective Tax Rate	22.05%	22.03%	21.00%	18.79%	21.31%	21.34%

Updated Mar 31, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q