First Horizon Corporation

NYSE:FHN.PRE Stock Report

Market Cap: US$8.0b

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 9.3% 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 Growth11.2%
Revenue growth rate12.8%
Return on equity9.4%
Net Margin27.4%
Next Earnings Update17 Jul 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

NYSE:FHN.PRE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 242,9428061,6120
31 Dec 232,9828651,5800
30 Sep 233,0699471,5690
30 Jun 233,2151,0761,5760
31 Mar 233,1739241,5590
31 Dec 223,1128681,5900
30 Sep 223,0638291,6140
30 Jun 223,0957951,6590
31 Mar 223,2789241,6990
31 Dec 213,3809621,7190
30 Sep 213,5489771,7190
30 Jun 213,2981,2771,7040
31 Mar 212,7931,0351,5280
31 Dec 202,1188221,4330
30 Sep 201,7967051,1940
30 Jun 201,6582919910
31 Mar 201,7163489430
31 Dec 191,8194359860
30 Sep 191,7374148880
30 Jun 191,9315759050
31 Mar 191,9195479370
31 Dec 181,9355399550
30 Sep 181,8973909250
30 Jun 181,5821878750
31 Mar 181,4741968350
31 Dec 171,3431597850
30 Sep 171,2912657550
30 Jun 171,2842617680
31 Mar 171,2712277690
31 Dec 161,2672217740
30 Sep 161,2432157620
30 Jun 161,1962107370
31 Mar 161,1732047260
31 Dec 151,152807230
30 Sep 151,123807270
30 Jun 151,153677300
31 Mar 151,136947250
31 Dec 141,1532166990
30 Sep 141,1652197250
30 Jun 141,153657440
31 Mar 141,156287560
31 Dec 131,163217900
30 Sep 131,185147880
30 Jun 131,1841488070

Quality Earnings: FHN.PRE has a large one-off gain of $224.0M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: FHN.PRE'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.PRE's earnings have grown by 13.4% per year over the past 5 years.

Accelerating Growth: FHN.PRE'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.PRE had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Banks industry average (-14.1%).


Return on Equity

High ROE: FHN.PRE's Return on Equity (9.4%) is considered low.


Return on Assets


Return on Capital Employed


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