First Horizon Corp financial data

Symbol
FHN, FHN-PB, FHN-PC, FHN-PD, FHN-PE, FHN-PF on NYSE
Industry
National Commercial Banks
Location
165 Madison Avenue, Memphis, Tennessee
State of incorporation
Tennessee
Fiscal year end
December 31
Former names
FIRST HORIZON NATIONAL CORP (to 11/25/2020), FIRST TENNESSEE NATIONAL CORP (to 4/22/2004)
Latest financial report
Q1 2024 - May 3, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 842 % -4.24%
Return On Equity 9.26 % -17%
Return On Assets 1.01 % -13.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 547M shares +1.68%
Entity Public Float 6.2B USD -46.6%
Common Stock, Value, Issued 343M USD +2.08%
Weighted Average Number of Shares Outstanding, Basic 555M shares +3.36%
Weighted Average Number of Shares Outstanding, Diluted 558M shares -2.47%

Income Statement

Label TTM Value / Value Unit Change %
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.05B USD -14.9%
Income Tax Expense (Benefit) 193M USD -27.4%
Net Income (Loss) Attributable to Parent 838M USD -12.3%
Earnings Per Share, Basic 1.46 USD/shares -15.1%
Earnings Per Share, Diluted 1.44 USD/shares -11.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 586M USD -2.82%
Operating Lease, Right-of-Use Asset 306M USD -7.55%
Intangible Assets, Net (Excluding Goodwill) 175M USD -21.2%
Goodwill 1.51B USD -0.07%
Assets 81.8B USD +1.33%
Liabilities 72.6B USD +1.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.27B USD -5.22%
Retained Earnings (Accumulated Deficit) 4.07B USD +13.3%
Stockholders' Equity Attributable to Parent 8.88B USD +3.23%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 9.17B USD +3.13%
Liabilities and Equity 81.8B USD +1.33%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 838M USD
Net Cash Provided by (Used in) Financing Activities -127M USD -107%
Net Cash Provided by (Used in) Investing Activities -876M USD +56.7%
Common Stock, Shares Authorized 700M shares 0%
Common Stock, Shares, Issued 549M shares +2.05%
Common Stock, Par or Stated Value Per Share 0.63 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -165M USD +33.2%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.57B USD +20.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 420M USD +110%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 737M USD -3.15%
Operating Lease, Liability 342M USD -6.81%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 775M USD +68.5%
Property, Plant and Equipment, Gross 1.1B USD +2.72%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -57M USD -1050%
Preferred Stock, Shares Issued 26.8K shares -15.6%
Deferred Federal Income Tax Expense (Benefit) 37M USD -57.5%
Unrecognized Tax Benefits 15M USD -83.1%
Operating Lease, Payments 46M USD -8%
Preferred Stock, Shares Outstanding 26.8K shares -15.6%
Current State and Local Tax Expense (Benefit) 28M USD -15.2%
Current Federal Tax Expense (Benefit) 140M USD +13.8%
Amortization of Intangible Assets 46M USD -8%
Depreciation, Depletion and Amortization 102M USD +20%
Deferred Tax Assets, Net of Valuation Allowance 737M USD -3.15%
Deferred State and Local Income Tax Expense (Benefit) 7M USD +75%
Interest Expense 1.78B USD +261%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares