First Horizon Corporation
First Horizon Corporation (FHN-PB) Financial Performance & Income Statement Overview
Explore the financials of First Horizon Corporation (FHN-PB), including yearly and quarterly data on income, cash flow, and balance sheets.
First Horizon Corporation (FHN-PB) Income Statement & Financial Overview
Access detailed annual and quarterly income data for First Horizon Corporation FHN-PB financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $1.17B | $1.14B | $1.29B | $1.26B |
| Cost of Revenue | $423.00M | $448.00M | $527.00M | $519.00M |
| Gross Profit | $749.00M | $693.00M | $767.00M | $737.00M |
| Gross Profit Ratio | $0.64 | $0.61 | $0.59 | $0.59 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $310.00M | $310.00M | $319.00M | $323.00M |
| Operating Expenses | $464.00M | $483.00M | $486.00M | $477.00M |
| Total Costs & Expenses | $887.00M | $931.00M | $1.01B | $996.00M |
| Interest Income | $1.01B | $1.07B | $1.12B | $1.09B |
| Interest Expense | $383.00M | $438.00M | $492.00M | $464.00M |
| Depreciation & Amortization | $22.00M | $19.00M | $31.00M | $25.00M |
| EBITDA | $307.00M | $229.00M | $312.00M | $285.00M |
| EBITDA Ratio | $0.26 | $0.20 | $0.24 | $0.23 |
| Operating Income | $285.00M | $210.00M | $281.00M | $260.00M |
| Operating Income Ratio | $0.24 | $0.18 | $0.22 | $0.21 |
| Other Income/Expenses (Net) | $0.00 | $0.00 | $0.00 | $0.00 |
| Income Before Tax | $285.00M | $210.00M | $281.00M | $260.00M |
| Income Before Tax Ratio | $0.24 | $0.18 | $0.22 | $0.21 |
| Income Tax Expense | $63.00M | $40.00M | $58.00M | $56.00M |
| Net Income | $218.00M | $166.00M | $218.00M | $199.00M |
| Net Income Ratio | $0.19 | $0.15 | $0.17 | $0.16 |
| EPS | $0.41 | $0.30 | $0.40 | $0.34 |
| Diluted EPS | $0.41 | $0.29 | $0.40 | $0.34 |
| Weighted Avg Shares Outstanding | $517.00M | $528.00M | $534.00M | $543.98M |
| Weighted Avg Shares Outstanding (Diluted) | $523.00M | $534.00M | $537.97M | $547.09M |
The company's financials show resilient growth, with revenue advancing from $1.26B in Q2 2024 to $1.17B in Q1 2025. Gross profit remained healthy with margins at 64% in Q1 2025 compared to 59% in Q2 2024. Operating income hit $285.00M last quarter, sustaining a consistent 24% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $307.00M. Net income rose to $218.00M, while earnings per share reached $0.41. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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