First Horizon Past Earnings Performance
Past criteria checks 1/6
First Horizon has been growing earnings at an average annual rate of 13.4%, while the Banks industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 12.8% per year. First Horizon's return on equity is 9.4%, and it has net margins of 27.4%.
Key information
13.4%
Earnings growth rate
2.0%
EPS growth rate
Banks Industry Growth | 11.2% |
Revenue growth rate | 12.8% |
Return on equity | 9.4% |
Net Margin | 27.4% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How First Horizon makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Mar 24 | 2,945 | 806 | 1,625 | 0 |
31 Dec 23 | 2,982 | 865 | 1,580 | 0 |
30 Sep 23 | 3,070 | 947 | 1,570 | 0 |
30 Jun 23 | 3,215 | 1,076 | 1,575 | 0 |
31 Mar 23 | 3,173 | 924 | 1,559 | 0 |
31 Dec 22 | 3,112 | 868 | 1,590 | 0 |
30 Sep 22 | 3,063 | 829 | 1,614 | 0 |
30 Jun 22 | 3,095 | 795 | 1,659 | 0 |
31 Mar 22 | 3,278 | 924 | 1,699 | 0 |
31 Dec 21 | 3,380 | 962 | 1,719 | 0 |
30 Sep 21 | 3,548 | 977 | 1,719 | 0 |
30 Jun 21 | 3,298 | 1,277 | 1,704 | 0 |
31 Mar 21 | 2,793 | 1,035 | 1,528 | 0 |
31 Dec 20 | 2,118 | 822 | 1,433 | 0 |
30 Sep 20 | 1,796 | 705 | 1,194 | 0 |
30 Jun 20 | 1,658 | 291 | 991 | 0 |
31 Mar 20 | 1,716 | 348 | 943 | 0 |
31 Dec 19 | 1,819 | 435 | 986 | 0 |
30 Sep 19 | 1,737 | 414 | 888 | 0 |
30 Jun 19 | 1,931 | 575 | 905 | 0 |
31 Mar 19 | 1,919 | 547 | 937 | 0 |
31 Dec 18 | 1,935 | 539 | 955 | 0 |
30 Sep 18 | 1,897 | 390 | 925 | 0 |
30 Jun 18 | 1,582 | 187 | 875 | 0 |
31 Mar 18 | 1,474 | 196 | 835 | 0 |
31 Dec 17 | 1,343 | 159 | 785 | 0 |
30 Sep 17 | 1,291 | 265 | 755 | 0 |
30 Jun 17 | 1,284 | 261 | 768 | 0 |
31 Mar 17 | 1,271 | 227 | 769 | 0 |
31 Dec 16 | 1,267 | 221 | 774 | 0 |
30 Sep 16 | 1,243 | 215 | 762 | 0 |
30 Jun 16 | 1,196 | 210 | 737 | 0 |
31 Mar 16 | 1,173 | 204 | 726 | 0 |
31 Dec 15 | 1,152 | 80 | 723 | 0 |
30 Sep 15 | 1,123 | 80 | 727 | 0 |
30 Jun 15 | 1,153 | 67 | 730 | 0 |
31 Mar 15 | 1,136 | 94 | 725 | 0 |
31 Dec 14 | 1,153 | 216 | 699 | 0 |
30 Sep 14 | 1,165 | 219 | 725 | 0 |
30 Jun 14 | 1,153 | 65 | 744 | 0 |
31 Mar 14 | 1,156 | 28 | 756 | 0 |
31 Dec 13 | 1,163 | 21 | 790 | 0 |
30 Sep 13 | 1,185 | 14 | 788 | 0 |
30 Jun 13 | 1,184 | 148 | 807 | 0 |
Quality Earnings: FHN.PRD has a large one-off gain of $230.0M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: FHN.PRD's current net profit margins (27.4%) are lower than last year (29.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FHN.PRD's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: FHN.PRD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FHN.PRD had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Banks industry average (-12.4%).
Return on Equity
High ROE: FHN.PRD's Return on Equity (9.4%) is considered low.