Financial Snapshot

Revenue
$9.000M
TTM
Gross Margin
Net Earnings
$756.0M
TTM
Current Assets
Current Liabilities
$2.585B
Q3 2024
Current Ratio
Total Assets
$82.64B
Q3 2024
Total Liabilities
$73.61B
Q3 2024
Book Value
$9.021B
Q3 2024
Cash
Q3 2024
P/E
14.51
Nov 29, 2024 EST
Free Cash Flow
$1.401B
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983
Revenue $1.817B $1.936B $1.333B $1.271B $1.162B $1.151B $1.167B $1.282B $1.443B $1.394B
YoY Change -6.14% 45.3% 4.88% 9.34% 0.98% -1.39% -8.97% -11.15% 3.54%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983
Revenue $1.817B $1.936B $1.333B $1.271B $1.162B $1.151B $1.167B $1.282B $1.443B $1.394B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

No data

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

No data

Operating Profits/Loss

No data

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $102.0M $64.00M $28.00M $46.00M $65.00M $59.00M $70.92M $64.67M $60.74M $56.89M $71.61M $118.0M $89.32M $82.50M $38.50M $49.50M $68.10M $65.30M $295.6M $249.6M $343.7M $316.1M $292.5M $221.4M $167.7M $147.0M $79.90M $64.30M $69.00M $56.10M $74.20M $42.20M $25.90M $24.00M $22.00M $20.50M
YoY Change 59.38% 128.57% -39.13% -29.23% 10.17% -16.81% 9.67% 6.47% 6.77% -20.55% -39.3% 32.08% 8.27% 114.29% -22.22% -27.31% 4.29% -77.91% 18.43% -27.38% 8.73% 8.07% 32.11% 32.02% 14.08% 83.98% 24.26% -6.81% 22.99% -24.39% 75.83% 62.93% 7.92% 9.09% 7.32%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983
Interest Expense $1.560B $291.0M $164.0M $236.0M $414.0M $326.0M $147.6M $88.83M $82.69M $81.53M $94.68M $110.3M $131.6M $149.4M
YoY Change 436.08% 77.44% -30.51% -43.0% 26.99% 120.84% 66.19% 7.43% 1.42% -13.89% -14.15% -16.2% -11.94%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983
Pretax Income $1.128B $1.159B $1.284B $933.0M $586.0M $714.1M $308.9M $345.3M $108.3M $318.2M $18.43M -$87.53M $149.8M $51.75M -$405.9M -$326.1M -$289.6M $349.9M $596.7M $628.0M $719.0M $558.1M $488.6M $337.0M $379.4M $352.9M $315.1M $282.2M $253.0M $207.8M $175.2M $146.6M $100.1M $77.30M $36.30M $67.50M $36.20M $56.40M $38.90M $41.50M $37.30M
YoY Change -2.67% -9.74% 37.62% 59.22% -17.94% 131.2% -10.56% 218.99% -65.98% 1626.51% -121.06% -158.41% 189.54% -112.75% 24.47% 12.6% -182.77% -41.36% -4.98% -12.66% 28.83% 14.22% 44.99% -11.18% 7.51% 12.0% 11.66% 11.54% 21.75% 18.61% 19.51% 46.45% 29.5% 112.95% -46.22% 86.46% -35.82% 44.99% -6.27% 11.26%
Income Tax $212.0M $247.0M $274.0M $76.00M $134.0M $157.0M $131.9M $106.8M $10.94M $84.19M -$19.39M -$72.03M $15.84M -$21.18M -$170.7M -$153.5M -$138.2M $82.90M $186.0M $197.9M $245.7M $181.6M $162.2M $104.4M $131.9M $126.5M $117.6M $102.3M $88.10M $60.70M $65.40M $56.20M $27.00M $20.70M $7.500M $15.10M $2.300M $10.00M $1.400M $4.400M $7.000M
% Of Pretax Income 18.79% 21.31% 21.34% 8.15% 22.87% 21.99% 42.7% 30.93% 10.11% 26.45% -105.19% 10.57% -40.93% 23.69% 31.17% 31.51% 34.17% 32.54% 33.2% 30.98% 34.77% 35.85% 37.32% 36.25% 34.82% 29.21% 37.33% 38.34% 26.97% 26.78% 20.66% 22.37% 6.35% 17.73% 3.6% 10.6% 18.77%
Net Earnings $865.0M $900.0M $999.0M $845.0M $441.0M $545.0M $165.5M $227.0M $85.88M $222.5M $26.90M -$26.82M $142.6M $50.20M -$269.8M -$192.0M -$170.1M $462.9M $424.7M $445.7M $473.3M $376.5M $318.2M $232.6M $247.5M $226.4M $197.5M $179.9M $164.9M $147.1M $109.7M $90.40M $73.00M $56.60M $28.80M $52.30M $33.90M $46.50M $37.50M $37.80M $30.40M
YoY Change -3.89% -9.91% 18.22% 91.61% -19.08% 229.28% -27.1% 164.38% -61.41% 727.09% -200.33% -118.8% 184.12% -118.61% 40.52% 12.87% -136.75% 8.99% -4.71% -5.83% 25.71% 18.32% 36.8% -6.02% 9.32% 14.63% 9.78% 9.1% 12.1% 34.09% 21.35% 23.84% 28.98% 96.53% -44.93% 54.28% -27.1% 24.0% -0.79% 24.34%
Net Earnings / Revenue 24.27% 28.15% 12.42% 17.87% 7.39% 19.34% 2.31% -2.09% 9.89% 3.6%
Basic Earnings Per Share $1.58 $1.62 $1.76 $1.90 $1.39 $1.66 $0.66 $0.95 $0.34 $0.92 $0.09 -$0.11 $0.50 -$0.25
Diluted Earnings Per Share $1.54 $1.53 $1.74 $1.89 $1.38 $1.65 $0.65 $0.94 $0.34 $0.91 $0.09 -$0.11 $0.50 -$0.25 -$1.151M -$928.9K -$1.126M $3.014M $2.735M $2.890M $3.013M $2.409M $2.015M $1.472M $1.539M $1.430M $1.247M $1.099M $1.000M $895.3K $670.5K $623.0K $547.6K $418.6K $250.9K $458.4K $305.7K $420.8K $352.1K $379.5K $308.6K

Assets & Liabilities

Cash & Short-Term Investments

No data

Cash & Equivalents

Cash To Operating Expenses Ratio

No data

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $590.0M $945.0M $997.0M $1.112B $649.0M $474.0M $479.0M $289.0M $276.0M $303.0M $305.0M $303.0M $321.0M $322.0M $314.0M $334.0M $399.0M $452.0M $409.0M $379.0M $350.0M $254.0M $252.0M $286.0M $306.0M $254.0M $207.0M $186.0M $177.0M $159.0M $136.0M $107.0M $105.0M $83.00M $74.00M $70.00M $69.00M $66.00M $69.00M $77.00M $81.00M
YoY Change -37.57% -5.22% -10.34% 71.34% 36.92% -1.04% 65.74% 4.71% -8.91% -0.66% 0.66% -5.61% -0.31% 2.55% -5.99% -16.29% -11.73% 10.51% 7.92% 8.29% 37.8% 0.79% -11.89% -6.54% 20.47% 22.71% 11.29% 5.08% 11.32% 16.91% 27.1% 1.9% 26.51% 12.16% 5.71% 1.45% 4.55% -4.35% -10.39% -4.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.000M $16.00M $18.00M $10.00M $20.00M $53.00M $0.00 $16.00M $0.00 $164.0M
YoY Change -93.75% -11.11% 80.0% -50.0% -62.26% -100.0% -100.0%
Total Long-Term Assets
YoY Change
Total Assets $81.66B $78.95B $89.09B $84.21B $43.31B $40.83B $41.42B $28.56B $26.19B $25.67B $23.79B $25.33B $24.79B $24.70B $26.07B $31.02B $37.02B $37.92B $36.58B $29.77B $24.51B $23.82B $20.62B $18.56B $18.37B $18.73B $14.39B $13.06B $12.08B $10.93B $10.37B $8.926B $8.761B $6.708B $6.398B $5.972B $5.829B $5.679B $5.249B $4.658B $4.617B
YoY Change
Accounts Payable $50.00M $10.00M $49.00M $21.00M $23.00M $18.00M $21.00M $110.0M $165.0M $66.00M $293.0M $1.115B $586.0M $799.0M $591.0M $390.0M
YoY Change 400.0% -79.59% 133.33% -8.7% 27.78% -14.29% -80.91% -33.33% 150.0% -77.47% -73.72% 90.27% -26.66% 35.19% 51.54%
Accrued Expenses $342.0M $367.0M $382.0M $407.0M $223.0M
YoY Change -6.81% -3.93% -6.14% 82.51%
Deferred Revenue
YoY Change
Short-Term Debt $2.549B $2.506B $2.124B $2.198B $3.518B $1.134B $3.683B $950.0M $940.0M $1.756B $1.667B $2.348B $2.060B $2.296B $3.636B $6.031B $8.274B $6.220B $4.538B $3.387B $3.307B $3.488B $3.371B $3.438B $4.407B $4.339B $2.788B $2.259B $1.761B $1.810B $1.761B $1.010B $749.0M $635.0M $733.0M $644.0M $637.0M $667.0M $799.0M $535.0M $586.0M
YoY Change 1.72% 17.98% -3.37% -37.52% 210.23% -69.21% 287.68% 1.06% -46.47% 5.34% -29.0% 13.98% -10.28% -36.85% -39.71% -27.11% 33.02% 37.06% 33.98% 2.42% -5.19% 3.47% -1.95% -21.99% 1.57% 55.63% 23.42% 28.28% -2.71% 2.78% 74.36% 34.85% 17.95% -13.37% 13.82% 1.1% -4.5% -16.52% 49.35% -8.7%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.549B $367.0M $382.0M $407.0M $273.0M $10.00M $49.00M $21.00M $23.00M $18.00M $21.00M $110.0M $165.0M $66.00M $293.0M $1.115B $586.0M $799.0M $591.0M $390.0M $3.307B $3.488B $3.371B $3.438B $4.407B $4.339B $2.788B $2.259B $1.761B $1.810B $1.761B $1.010B $749.0M $635.0M $733.0M $644.0M $637.0M $667.0M $799.0M $535.0M $586.0M
YoY Change 594.55% -3.93% -6.14% 49.08% 2630.0% -79.59% 133.33% -8.7% 27.78% -14.29% -80.91% -33.33% 150.0% -77.47% -73.72% 90.27% -26.66% 35.19% 51.54% -88.21% -5.19% 3.47% -1.95% -21.99% 1.57% 55.63% 23.42% 28.28% -2.71% 2.78% 74.36% 34.85% 17.95% -13.37% 13.82% 1.1% -4.5% -16.52% 49.35% -8.7%
Long-Term Debt $1.150B $1.601B $1.594B $1.674B $794.0M $1.171B $1.218B $1.041B $1.313B $1.880B $1.740B $2.226B $2.482B $3.228B $2.891B $4.768B $6.828B $5.836B $3.438B $2.616B $1.727B $930.0M $550.0M $410.0M $359.0M $414.0M $169.0M $235.0M $260.0M $114.0M $92.00M $127.0M $128.0M $127.0M $128.0M $131.0M $133.0M $60.00M $61.00M $63.00M $66.00M
YoY Change -28.17% 0.44% -4.78% 110.83% -32.19% -3.86% 17.0% -20.72% -30.16% 8.05% -21.83% -10.31% -23.11% 11.66% -39.37% -30.17% 17.0% 69.75% 31.42% 51.48% 85.7% 69.09% 34.15% 14.21% -13.29% 144.97% -28.09% -9.62% 128.07% 23.91% -27.56% -0.78% 0.79% -0.78% -2.29% -1.5% 121.67% -1.64% -3.17% -4.55%
Other Long-Term Liabilities $2.891B $2.443B $1.603B $1.641B $1.220B $1.049B $1.273B $1.166B $1.310B $1.363B $1.127B $1.511B $1.186B $1.223B $1.079B $1.292B $1.864B $2.091B $2.052B $1.555B $1.711B $1.856B $1.472B $997.0M $908.0M $1.058B $705.0M $578.0M $601.0M $354.0M $417.0M $270.0M $551.0M $200.0M $205.0M $164.0M $184.0M $272.0M $213.0M $133.0M $105.0M
YoY Change 18.34% 52.4% -2.32% 34.51% 16.3% -17.6% 9.18% -10.99% -3.89% 20.94% -25.41% 27.4% -3.03% 13.35% -16.49% -30.69% -10.86% 1.9% 31.96% -9.12% -7.81% 26.09% 47.64% 9.8% -14.18% 50.07% 21.97% -3.83% 69.77% -15.11% 54.44% -51.0% 175.5% -2.44% 25.0% -10.87% -32.35% 27.7% 60.15% 26.67%
Total Long-Term Liabilities $4.041B $4.044B $3.197B $3.315B $2.014B $2.220B $2.491B $2.207B $2.623B $3.243B $2.867B $3.737B $3.668B $4.451B $3.970B $6.060B $8.692B $7.927B $5.490B $4.171B $3.438B $2.786B $2.022B $1.407B $1.267B $1.472B $874.0M $813.0M $861.0M $468.0M $509.0M $397.0M $679.0M $327.0M $333.0M $295.0M $317.0M $332.0M $274.0M $196.0M $171.0M
YoY Change -0.07% 26.49% -3.56% 64.6% -9.28% -10.88% 12.87% -15.86% -19.12% 13.11% -23.28% 1.88% -17.59% 12.12% -34.49% -30.28% 9.65% 44.39% 31.62% 21.32% 23.4% 37.78% 43.71% 11.05% -13.93% 68.42% 7.5% -5.57% 83.97% -8.06% 28.21% -41.53% 107.65% -1.8% 12.88% -6.94% -4.52% 21.17% 39.8% 14.62%
Total Liabilities $72.67B $70.70B $80.89B $76.20B $38.53B $36.34B $37.14B $26.15B $23.85B $23.38B $21.59B $23.12B $22.40B $22.32B $23.06B $27.45B $34.59B $35.16B $33.94B $27.73B $22.62B $21.99B $19.00B $17.03B $17.03B $17.53B $13.33B $12.10B $11.20B $10.16B $9.673B $8.328B $8.222B $6.310B $6.017B $5.599B $5.495B $5.370B $4.976B $4.408B $4.388B
YoY Change 2.78% -12.6% 6.16% 97.76% 6.02% -2.14% 42.04% 9.64% 1.99% 8.33% -6.64% 3.21% 0.38% -3.23% -15.98% -20.64% -1.64% 3.61% 22.38% 22.61% 2.86% 15.73% 11.55% 0.01% -2.86% 31.5% 10.16% 8.03% 10.3% 5.01% 16.15% 1.29% 30.3% 4.87% 7.47% 1.89% 2.33% 7.92% 12.89% 0.46%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $10.969 Billion

About FIRST HORIZON CORP

First Horizon Corp. (Tennessee) operates as a financial holding company, which engages in the provision of checking accounts, savings products, mortgage banking, lending, and financing to individuals and businesses. The company is headquartered in Memphis, Tennessee and currently employs 7,186 full-time employees. The firm operates through three segments: Regional Banking, Specialty Banking, and Corporate. The principal lines of business in the regional banking segment include commercial banking, business banking, consumer banking, private client, and wealth management. This segment also provides investment, wealth management, financial planning, trust and asset management services for consumer clients. The principal lines of business in the specialty banking segment include fixed income/capital markets, professional commercial real estate, mortgage warehouse lending, asset-based (secured) lending, franchise finance, equipment finance, energy finance, healthcare finance, and tax credit finance. This segment also delivers treasury management solutions, loan syndications, and international banking.

Industry: National Commercial Banks Peers: CITIZENS FINANCIAL GROUP INC/RI COMERICA INC /NEW/ CULLEN/FROST BANKERS, INC. EAST WEST BANCORP INC FIRST CITIZENS BANCSHARES INC /DE/ HUNTINGTON BANCSHARES INC /MD/ KEYCORP /NEW/ PNC FINANCIAL SERVICES GROUP, INC. Signature Bank Corp