First Horizon Corporation (FHN)

First Horizon Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	801	775	897	900	999	845
Depreciation & Amortization	97	101	102	85	45	62
Gain (Loss) on Sale of Assets	-3	-3	-9	-1	29	8
Gain (Loss) on Sale of Investments	89	89	4	-18	-13	6
Provision for Credit Losses	70	75	248	202	-515	422
Net Decrease (Increase) in Loans Originated / Sold - Operating	-923	-966	-1,112	-1,418	-2,193	-1,803
Other Operating Activities	589	1,138	1,133	2,466	2,330	600
Operating Cash Flow	779	1,268	1,299	2,291	725	172
Operating Cash Flow Growth	-64.69%	-2.39%	-43.30%	216.00%	321.51%	-79.28%
Capital Expenditures	-43	-44	-37	-28	-53	-58
Sale of Property, Plant and Equipment	8	8	1	18	42	12
Cash Acquisitions	-	-	-	-	-	2,071
Investment in Securities	1,036	296	704	11,450	-8,156	-6,199
Divestitures	-	-	11	-	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-516	-1,337	-3,303	-3,204	3,525	-819
Other Investing Activities	26	19	19	97	41	26
Investing Cash Flow	511	-1,058	-2,605	8,333	-4,601	-4,967
Short-Term Debt Issued	-	851	43	382	-	-
Long-Term Debt Issued	-	43	-	4	-	-
Total Debt Issued	1,617	894	43	386	-	-
Short-Term Debt Repaid	-	-	-	-	-75	-1,529
Long-Term Debt Repaid	-	-	-449	-	-108	-327
Total Debt Repaid	-1	-	-449	-	-183	-1,856
Net Debt Issued (Repaid)	1,616	894	-406	386	-183	-1,856
Issuance of Common Stock	12	9	5	36	28	7
Repurchase of Common Stock	-832	-626	-10	-12	-416	-11
Preferred Stock Issued	-	-	-	494	145	144
Preferred Share Repurchases	-100	-100	-	-	-100	-
Common Dividends Paid	-327	-332	-335	-324	-333	-222
Preferred Dividends Paid	-29	-29	-32	-32	-33	-17
Total Dividends Paid	-356	-361	-367	-356	-366	-239
Net Increase (Decrease) in Deposit Accounts	-1,535	-201	2,289	-11,406	4,919	7,143
Other Financing Activities	-18	-19	-17	-11	-11	-12
Financing Cash Flow	-1,213	-404	1,494	-10,869	4,016	5,176
Net Cash Flow	77	-194	188	-245	140	381
Free Cash Flow	736	1,224	1,262	2,263	672	114
Free Cash Flow Growth	-65.99%	-3.01%	-44.23%	236.76%	489.47%	-85.40%
Free Cash Flow Margin	24.19%	40.26%	42.32%	72.72%	19.88%	5.38%
Free Cash Flow Per Share	1.37	2.25	2.25	4.00	1.22	0.26
Cash Interest Paid	1,821	1,869	1,428	280	170	261
Cash Income Tax Paid	100	99	104	13	228	69

Updated Apr 16, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q