First Horizon Corporation (FHN) Financial Statements
Historical financial data — 40 statements covering FY2016–FY2025
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The company's reportable segments are: Commercial, Consumer & W...
First Horizon Corporation's revenue increased 7.2% year over year, from $3.19B to $3.42B.
Net income increased 26.7% over the same period, from $775.0M to $982.0M.
Over the 9-year period from FY2016 to FY2025, revenue grew by 169% in total.
Total debt remained relatively stable at $3.25B.
The debt-to-equity ratio stands at 0.37, indicating a moderate leverage profile.
Operating cash flow declined 50.5% to $628.0M.
First Horizon Corporation maintains a strong net profit margin of 28.7%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q2 FY2024 | $815.0M-0.5% | $199.0M | N/A | $260.0M | $-150.0M | $82.23B | $4.51B | $8.66B |
| Q3 FY2024 | $828.0M+1.6% | $218.0M | N/A | $281.0M | $389.0M | $82.64B | $2.58B | $9.02B |
| Q4 FY2024 | $728.0M-12.1% | $166.0M | N/A | $210.0M | $191.0M | $82.15B | $3.40B | $8.82B |
| Q1 FY2025 | $812.0M+11.5% | $218.0M | N/A | $285.0M | $349.0M | $81.49B | $3.79B | $8.75B |
| Q2 FY2025 | $830.0M+2.2% | $241.0M | N/A | $309.0M | $83.0M | $82.08B | $3.46B | $8.96B |
| Q3 FY2025 | $889.0M+7.1% | $261.0M | N/A | $343.0M | $-200.0M | $83.19B | $4.27B | $8.95B |
| Q4 FY2025 | $888.0M-0.1% | $262.0M | N/A | $343.0M | $396.0M | $83.88B | $3.25B | $8.85B |
| Q1 FY2026 | $862.0M-2.9% | $262.0M | N/A | $342.0M | $278.0M | $84.13B | $4.17B | $9.17B |
Balance Sheet Summary (Latest Period)
First Horizon Corporation (FHN) Financial Statements & Revenue History
First Horizon Corporation (FHN) is a US-listed stock operating in the Financial Services sector, specifically the National Commercial Banks industry trading at $23.35 with a market capitalization of $11. This page provides 40 historical financial statements for First Horizon Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, First Horizon Corporation reported revenue of $3.4 billion, representing 7.2% year-over-year growth. The net profit margin of 28.7% reflects strong profitability. The debt-to-equity ratio of 0.37 shows conservative leverage.
FHN Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows First Horizon Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether FHN is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track FHN's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently First Horizon Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of FHN's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use FHN Financial Data
Investors use First Horizon Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare FHN's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how FHN's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View FHN's financial health score, earnings, and pre-market pricing.
Financial data is sourced from First Horizon Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.FHN trades on NYSE. This page is for informational purposes only and is not financial advice.