First Horizon Corporation (FHN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Net Interest Income | 667M | 676M | 674M | 641M | 631M | 630M | 627M | 629M | 625M | 617M | 605M | 630M | 688M | 709M | 662M | 542M | 479M | 498M | 492M | 497M |
| NII Growth % | 5.71% | 7.3% | 7.5% | 1.91% | 0.96% | 2.11% | 3.64% | -0.16% | -9.16% | -12.98% | -8.61% | 16.24% | 43.63% | 42.37% | 34.55% | 9.05% | -5.71% | -4.5% | -7.52% | 62.95% |
| Net Interest Margin % | 0.79% | 0.81% | 0.81% | 0.78% | 0.77% | 0.77% | 0.76% | 0.76% | 0.76% | 0.76% | 0.73% | 0.74% | 0.85% | 0.9% | 0.82% | 0.64% | 0.54% | 0.56% | 0.56% | 0.57% |
| Interest Income | 1B | 1.05B | 1.08B | 1.04B | 1.01B | 1.07B | 1.12B | 1.09B | 1.07B | 1.09B | 1.08B | 1.01B | 920M | 856M | 733M | 583M | 510M | 532M | 533M | 542M |
| Interest Expense | 337M | 375M | 403M | 403M | 383M | 438M | 492M | 464M | 448M | 469M | 475M | 385M | 232M | 147M | 71M | 41M | 31M | 34M | 41M | 45M |
| Loan Loss Provision | -337M | 0 | -5M | 30M | 40M | 10M | 35M | 55M | 50M | 50M | 110M | 50M | 50M | 45M | 60M | 30M | -40M | -65M | -85M | -115M |
| Non-Interest Income | -142M | 212M | 191M | 166M | 158M | 73M | 175M | 163M | 173M | 160M | 152M | 153M | 149M | 151M | 191M | 178M | 209M | 203M | 246M | 266M |
| Non-Interest Income % | -16.47% | 16.79% | 15.06% | 13.72% | 13.48% | 6.4% | 13.52% | 12.98% | 13.88% | 12.84% | 12.34% | 13.1% | 13.94% | 15% | 20.67% | 23.39% | 29.07% | 27.62% | 31.58% | 32.92% |
| Total Revenue | 862M | 1.26B | 1.27B | 1.21B | 1.17B | 1.14B | 1.29B | 1.26B | 1.25B | 1.25B | 1.23B | 1.17B | 1.07B | 1.01B | 924M | 761M | 719M | 735M | 779M | 808M |
| Revenue Growth % | -26.45% | 10.69% | -2.01% | -3.66% | -5.94% | -8.43% | 5.03% | 7.53% | 16.56% | 23.73% | 33.33% | 53.48% | 48.68% | 37.01% | 18.61% | -5.82% | -13.79% | -13.02% | -10.77% | 49.63% |
| Non-Interest Expense | 505M | 545M | 526M | 468M | 464M | 483M | 486M | 477M | 494M | 549M | 453M | 308M | 456M | 481M | 447M | 465M | 473M | 485M | 525M | 479M |
| Efficiency Ratio | 58.58% | 43.15% | 41.48% | 38.68% | 39.59% | 42.33% | 37.56% | 37.98% | 39.65% | 44.06% | 36.77% | 26.37% | 42.66% | 47.77% | 48.38% | 61.1% | 65.79% | 65.99% | 67.39% | 59.28% |
| Operating Income | 357M | 343M | 344M | 309M | 285M | 210M | 281M | 260M | 254M | 178M | 194M | 425M | 331M | 334M | 346M | 225M | 255M | 281M | 298M | 399M |
| Operating Margin % | 41.42% | 27.16% | 27.13% | 25.54% | 24.32% | 18.4% | 21.72% | 20.7% | 20.39% | 14.29% | 15.75% | 36.39% | 30.96% | 33.17% | 37.45% | 29.57% | 35.47% | 38.23% | 38.25% | 49.38% |
| Operating Income Growth % | 25.26% | 63.33% | 22.42% | 18.85% | 12.2% | 17.98% | 44.85% | -38.82% | -23.26% | -46.71% | -43.93% | 88.89% | 29.8% | 18.86% | 16.11% | -43.61% | -16.94% | -6.67% | -44.92% | 470% |
| Pretax Income | 342M | 343M | 344M | 309M | 285M | 210M | 281M | 260M | 254M | 178M | 194M | 425M | 331M | 334M | 346M | 225M | 255M | 281M | 298M | 399M |
| Pretax Margin % | 39.68% | 27.16% | 27.13% | 25.54% | 24.32% | 18.4% | 21.72% | 20.7% | 20.39% | 14.29% | 15.75% | 36.39% | 30.96% | 33.17% | 37.45% | 29.57% | 35.47% | 38.23% | 38.25% | 49.38% |
| Income Tax | 76M | 78M | 78M | 64M | 63M | 40M | 58M | 56M | 57M | -11M | 52M | 96M | 76M | 64M | 78M | 48M | 57M | 52M | 63M | 88M |
| Effective Tax Rate % | 22.22% | 22.74% | 22.67% | 20.71% | 22.11% | 19.05% | 20.64% | 21.54% | 22.44% | -6.18% | 26.8% | 22.59% | 22.96% | 19.16% | 22.54% | 21.33% | 22.35% | 18.51% | 21.14% | 22.06% |
| Net Income | 263M | 261M | 262M | 241M | 218M | 166M | 218M | 199M | 192M | 184M | 137M | 325M | 251M | 266M | 265M | 174M | 195M | 227M | 232M | 308M |
| Net Margin % | 30.51% | 20.67% | 20.66% | 19.92% | 18.6% | 14.55% | 16.85% | 15.84% | 15.41% | 14.77% | 11.12% | 27.83% | 23.48% | 26.42% | 28.68% | 22.86% | 27.12% | 30.88% | 29.78% | 38.12% |
| Net Income Growth % | 20.64% | 57.23% | 20.18% | 21.11% | 13.54% | -9.78% | 59.12% | -38.77% | -23.51% | -30.83% | -48.3% | 86.78% | 28.72% | 17.18% | 14.22% | -43.51% | -16.31% | -6.01% | -56.72% | 470.37% |
| Net Income (Continuing) | 266M | 265M | 266M | 245M | 222M | 170M | 223M | 204M | 197M | 189M | 142M | 329M | 255M | 270M | 268M | 177M | 198M | 229M | 235M | 311M |
| EPS (Diluted) | 0.53 | 0.52 | 0.50 | 0.45 | 0.41 | 0.29 | 0.40 | 0.34 | 0.33 | 0.31 | 0.23 | 0.56 | 0.43 | 0.45 | 0.45 | 0.29 | 0.34 | 0.40 | 0.41 | 0.53 |
| EPS Growth % | 29.27% | 79.31% | 25% | 32.35% | 24.24% | -6.45% | 73.91% | -39.29% | -23.26% | -31.11% | -48.89% | 93.1% | 26.47% | 12.5% | 9.76% | -45.28% | -15% | -4.76% | -56.84% | 211.76% |
| EPS (Basic) | 0.54 | 0.52 | 0.50 | 0.46 | 0.41 | 0.30 | 0.40 | 0.34 | 0.33 | 0.31 | 0.23 | 0.59 | 0.45 | 0.48 | 0.48 | 0.31 | 0.35 | 0.41 | 0.41 | 0.54 |
| Diluted Shares Outstanding | 487M | 496M | 510M | 514M | 523M | 534M | 537.97M | 547.09M | 557.87M | 561M | 561.42M | 560.88M | 571.99M | 572M | 570.15M | 569.43M | 550M | 542M | 549.82M | 556.76M |