First Horizon (FHN)
Pairs southern relationship banking with national fixed-income and capital-markets services.
$23.22
vs last close−0.12 (−0.51%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,232 | 1,246 | 1,246 | 1,256 | 1,294 | 1,141 | 1,172 | 1,210 | 1,268 | 1,263 | 862 | 1,240 |
| Cost of revenue | 585 | 519 | 498 | 519 | 527 | 448 | 423 | 433 | 398 | 375 | 0 | 369 |
| Gross profit | 647 | 727 | 748 | 737 | 767 | 693 | 749 | 777 | 870 | 888 | 862 | 871 |
| 453 | 549 | 494 | 477 | 486 | 483 | 464 | 468 | 526 | 545 | 505 | 530 | |
| 308 | 398 | 346 | 323 | 319 | 310 | 310 | 316 | 330 | 386 | 442 | 390 | |
| Selling & marketing | 16 | 24 | 8 | 14 | 14 | 11 | 10 | 14 | 12 | 0 | 0 | 0 |
| General & administrative | 292 | 374 | 338 | 309 | 305 | 299 | 300 | 302 | 318 | 386 | 442 | 390 |
| Other expenses | 145 | 151 | 148 | 154 | 167 | 173 | 154 | 152 | 196 | 159 | 63 | 140 |
| Operating income | 194 | 178 | 254 | 260 | 281 | 210 | 285 | 309 | 344 | 343 | 357 | 341 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −15 | 0 | |
| Interest income | 1,080 | 1,086 | 1,073 | 1,093 | 1,119 | 1,068 | 1,014 | 1,044 | 1,077 | 1,051 | 1,004 | 1,030 |
| Interest expense | 475 | 469 | 448 | 464 | 492 | 438 | 383 | 403 | 403 | 375 | 337 | 354 |
| Income before tax | 194 | 178 | 254 | 260 | 281 | 210 | 285 | 309 | 344 | 343 | 342 | 341 |
| Income tax expense | 52 | −11 | 57 | 56 | 58 | 40 | 63 | 64 | 78 | 78 | 76 | 66 |
| Net income from continuing operations | 142 | 189 | 197 | 204 | 223 | 170 | 222 | 245 | 266 | 265 | 266 | 275 |
| Net income | 137 | 184 | 192 | 199 | 218 | 166 | 218 | 241 | 262 | 261 | 263 | 271 |
| EPS, basic | $0.23 | $0.31 | $0.33 | $0.34 | $0.40 | $0.30 | $0.41 | $0.46 | $0.50 | $0.52 | $0.54 | $0.55 |
| EPS, diluted | $0.23 | $0.31 | $0.33 | $0.34 | $0.40 | $0.29 | $0.41 | $0.45 | $0.50 | $0.52 | $0.53 | $0.54 |
| Weighted average shares, basic | 559 | 559 | 555 | 544 | 534 | 528 | 517 | 508 | 505 | 491 | 480 | 475 |
| Weighted average shares, diluted | 561 | 561 | 558 | 547 | 538 | 534 | 523 | 514 | 510 | 496 | 487 | 480 |
| EBITDA | 224 | 189 | 280 | 285 | 312 | 229 | 307 | 328 | 350 | 352 | 365 | 341 |
| Depreciation & amortization | 30 | 11 | 26 | 25 | 31 | 19 | 22 | 19 | 6 | 9 | 8 | 0 |
| EBIT | 194 | 178 | 254 | 260 | 281 | 210 | 285 | 309 | 344 | 343 | 357 | 341 |