First Horizon Corporation (FHN)

First Horizon Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,537	1,212	1,190	1,300	1,268
Investment Securities	1,538	4,307	4,066	17,265	10,966
Trading Asset Securities	1,387	1,989	1,835	1,925	1,945
Mortgage-Backed Securities	9,166	7,953	8,447	8,024	6,218
Total Investments	12,091	14,249	14,348	27,214	19,129
Gross Loans	62,565	61,536	58,300	54,859	58,232
Allowance for Loan Losses	-815	-773	-685	-670	-963
Other Adjustments to Gross Loans	-	-244	-198	-	-
Net Loans	61,750	60,519	57,417	54,189	57,269
Property, Plant & Equipment	574	899	945	997	1,112
Goodwill	-	1,510	1,511	1,511	1,511
Other Intangible Assets	1,653	186	234	298	354
Loans Held for Sale	551	502	590	1,172	1,022
Accrued Interest Receivable	-	287	226	134	180
Other Real Estate Owned & Foreclosed	-	7	11	10	20
Other Long-Term Assets	3,996	2,266	2,431	2,238	2,283
Total Assets	82,152	81,661	78,953	89,092	84,209
Interest Bearing Deposits	49,560	46,776	39,087	46,153	46,409
Institutional Deposits	-	1,800	936	859	1,400
Non-Interest Bearing Deposits	16,021	17,204	23,466	27,883	22,173
Total Deposits	65,581	65,780	63,489	74,895	69,982
Short-Term Borrowings	3,400	3,248	3,464	2,252	2,347
Current Portion of Long-Term Debt	-	-	450	-	-
Other Current Liabilities	550	509	335	426	353
Long-Term Debt	1,195	1,000	999	1,442	1,430
Long-Term Leases	-	345	371	386	411
Trust Preferred Securities	-	150	148	148	240
Pension & Post-Retirement Benefits	-	66	56	71	80
Other Long-Term Liabilities	2,315	1,272	1,094	978	1,059
Total Liabilities	73,041	72,370	70,406	80,598	75,902
Preferred Stock, Redeemable	426	520	1,014	520	470
Common Stock	328	349	336	333	347
Additional Paid-In Capital	4,809	5,351	4,840	4,743	5,074
Retained Earnings	4,382	3,964	3,430	2,891	2,261
Comprehensive Income & Other	-1,129	-1,188	-1,368	-288	-140
Total Common Equity	8,390	8,476	7,238	7,679	7,542
Minority Interest	295	295	295	295	295
Shareholders' Equity	9,111	9,291	8,547	8,494	8,307
Total Liabilities & Equity	82,152	81,661	78,953	89,092	84,209
Total Debt	4,595	4,743	5,432	4,228	4,428
Net Cash (Debt)	-133	305	-670	14,392	7,516
Net Cash Growth	-	-	-	91.48%	-
Net Cash Per Share	-0.24	0.54	-1.18	26.11	17.33
Filing Date Shares Outstanding	524	558.81	537.34	533.63	555.47
Total Common Shares Outstanding	524	558.84	537.1	533.58	555.03
Book Value Per Share	16.01	15.17	13.48	14.39	13.59
Tangible Book Value	6,737	6,780	5,493	5,870	5,677
Tangible Book Value Per Share	12.86	12.13	10.23	11.00	10.23

Source: S&P Capital IQ. Banks template. Financial Sources.