Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 3.1B
Net Income 794.0M 25.65%
EPS (Diluted) $1.36

Balance Sheet Metrics

Total Assets 82.2B
Total Liabilities 73.0B
Shareholders Equity 9.1B
Debt to Equity 8.02

Cash Flow Metrics

Operating Cash Flow 1.0B
Free Cash Flow 1.2B

Revenue & Profitability Trend

First Horizon Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 3.1B 3.2B 3.1B 3.0B 2.6B
Cost of Goods Sold - - - - -
Gross Profit - - - - -
Operating Expenses 1.3B 1.3B 1.2B 1.3B 1.1B
Operating Income - - - - -
Pre-tax Income 1.0B 1.1B 1.2B 1.3B 933.0M
Income Tax 211.0M 212.0M 247.0M 274.0M 76.0M
Net Income 794.0M 916.0M 912.0M 1.0B 857.0M
EPS (Diluted) $1.36 $1.54 $1.53 $1.74 $1.89

Income Statement Trend

First Horizon Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets - - - - -
Non-Current Assets - - - - -
Total Assets 82.2B - - - -
Liabilities
Current Liabilities - - - - -
Non-Current Liabilities - - - - -
Total Liabilities 73.0B - - - -
Equity
Total Shareholders Equity 9.1B 9.3B 8.5B 8.5B 8.3B

Balance Sheet Composition

First Horizon Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 794.0M 916.0M 912.0M 1.0B 857.0M
Operating Cash Flow 1.0B 1.0B 2.2B 993.0M -345.0M
Investing Activities
Capital Expenditures -36.0M -36.0M -10.0M -11.0M -46.0M
Investing Cash Flow 488.0M 642.0M -2.0B -1.6B 2.0B
Financing Activities
Dividends Paid -361.0M -367.0M -356.0M -366.0M -239.0M
Financing Cash Flow -255.0M -351.0M 501.0M -931.0M -725.0M
Free Cash Flow 1.2B 1.3B 2.3B 672.0M 114.0M

Cash Flow Trend

First Horizon Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 14.05
Forward P/E 12.89
Price to Book 1.23
Price to Sales 3.37
PEG Ratio 12.89

Profitability Ratios

Profit Margin 26.32%
Operating Margin 39.90%
Return on Equity 8.99%
Return on Assets 1.00%

Financial Health

Debt to Equity 0.67
Beta 0.62

Per Share Data

EPS (TTM) $1.44
Book Value per Share $16.41
Revenue per Share $5.73

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
fhn 10.3B 14.05 1.23 8.99% 26.32% 0.67
PNC Financial 70.3B 12.56 1.39 11.33% 28.75% 1.12
U.S. Bancorp 67.0B 10.64 1.26 11.53% 26.38% 1.34
Nu Holdings 59.5B 28.05 6.92 27.91% 38.09% 0.27
NatWest Group plc 56.7B 9.09 2.72 12.78% 35.02% 4.06
Deutsche Bank AG 54.0B 14.79 0.67 5.17% 13.50% 6.43

Financial data is updated regularly. All figures are in the company's reporting currency.