FIRST HORIZON CORPFHN

Market cap
$8.8B
P/E ratio
9.8x
Dec 31,
2010
Dec 31,
2011
Dec 31,
2012
Dec 31,
2013
Dec 31,
2014
Dec 31,
2015
Dec 31,
2016
Dec 31,
2017
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Net income62143-164123197,313,0002391775574528571,010912916
Provision (benefit) for credit losses------------31095260
Deferred income tax expense (benefit)234-----8012110414-18-9144
Depreciation Premises And Equipment31-----3235474452615955
Amortization of intangible assets644445,253,00059262540565147
Net other amortization and accretion---------3306711-
Net decrease in trading securities------------1,824-2,120-1,163
Net (increase) decrease in derivatives-0-9-1-06,617,000-227-42134223-412-524314
Purchase accounting gain----------533-1--
Stock-based compensation expense12-161611,351,00013,796,0001821232332437536
Stock-based compensation expense12-161611,351,00013,796,0001821232332437536
Securities (gains) losses, net--------2130-61318-4
Securities (gains) losses, net--------2130-61318-4
Loss on debt extinguishment17----4,166,0005,793,000--14-00--26--
Loss on debt extinguishment17----4,166,0005,793,000--14-00--26--
Net (gains) losses on sale/disposal of fixed assets-3-3-2-1,906,000-454,000-3-71-22-8-291-
Net (gains) losses on sale/disposal of fixed assets-3-3-2-1,906,000-454,000-3-71-22-8-291-
Gain on sale of title services business------------229
(Gain) loss on BOLI--------455897
Gain on sale of mortgage servicing rights------------12-
Purchases and originations-----9,731,0001662,0022,3452,0754,7106,6443,7282,295
Proceeds from Sale, Loan, Held-for-Sale-----25,587,0001811,7809198182,9074,4512,3101,183
(Gain) loss due to fair value adjustments and other----------81205-10712
Gain on sale of title services business------------229
Other operating activities, net----------1,36775-232228
Purchases and originations-----9,731,0001662,0022,3452,0754,7106,6443,7282,295
Proceeds from Sale, Loan, Held-for-Sale-----25,587,0001811,7809198182,9074,4512,3101,183
(Gain) loss due to fair value adjustments and other----------81205-10712
Total adjustments706-388390474269,850,000-57-194-322378-685-2691,399383
Other operating activities, net----------1,36775-232228
Total adjustments706-388390474269,850,000-57-194-322378-685-2691,399383
Net cash provided by operating activities768-372431705367,163,000181-172348301727412,3111,299
Proceeds from sales of securities available for sale--------2119262968--
Proceeds from maturities of securities available for sale1,042-1,086900627,487,000664,335,0007375836768004,0992,7711,351856
Purchases of securities available for sale--------4736304,7403,7362,767261
Purchases of securities held to maturity-----10,000,000-----720712-
Proceeds from prepayments of securities held to maturity-----------175553
Proceeds from sales of premises and equipment--713,507,00041,143,00011330201242181
Purchases of premises and equipment---2731,404,00039,947,0006353484958532837
Proceeds from BOLI--------131412222214
Net (increase) decrease in loans and leases-994-489-1,464866,107,0001,194,776,0001,931808-1053,570819-3,5093,2243,303
Net (increase) decrease in interest-bearing deposits with banks22-99-350-891,670,0001,019,131,000-457-121-92795-6,187-6,55613,52356
Cash received for divestitures-------------11
Other investing activities, net-----------14-19-75-5
Net cash provided by (used in) investing activities622--415763-1,487-520,014,000-2,469-1,336480-2,390-4,967-4,6178,313-2,605
Stock options exercised0-0127,219,000226410728365
Cash dividends paid--10384753,947,0006480139171222333324335
Repurchase of shares1-1349243,579,00032,648,00097610513544161210
Cancellation of common shares----------7---
Preferred stock issuance---96------144145494-
Preferred stock issuance---96------144145494-
Call of preferred stock867----------100--
Call of preferred stock867----------100--
Cash dividends paid - preferred stock - noncontrolling interest11-111111,465,00011,559,0001111111112111117
Cash dividends paid - preferred stock - noncontrolling interest11-111111,465,00011,559,0001111111112111117
Cash dividends paid - preferred stock48--46,200,0006,200,000666617333232
Cash dividends paid - preferred stock48--46,200,0006,200,000666617333232
Increase (Decrease) in Deposits341-417-258898,232,0001,555,280,0002,706-1972,093-2537,1434,919-11,4062,289
Increase (Decrease) in Deposits341-417-258898,232,0001,555,280,0002,706-1972,093-2537,1434,919-11,4062,289
Proceeds from (Repayments of) Short-Term Debt-1,340-288-73989,916,000-816,324,000102,080-2,5492,384-1,529-7538243
Proceeds from (Repayments of) Short-Term Debt-1,340-288-73989,916,000-816,324,000102,080-2,5492,384-1,529-7538243
Increases (decreases) in term borrowings-------------4449
Increases (decreases) in term borrowings-------------4449
Net cash provided by (used in) financing activities-1,540-322-1,4731,025,441,000112,509,0002,2941,768-7611,4215,1764,016-10,8691,494
Net cash provided by (used in) financing activities-1,540-322-1,4731,025,441,000112,509,0002,2941,768-7611,4215,1764,016-10,8691,494
Net increase (decrease) in cash and cash equivalents----------138381140-245188
Total interest paid155-1119781,151,00090,722,000921403084112611702801,428
Total taxes paid---577,779,00014,990,0001254437110525820123
Total taxes refunded--169263,947,00033,909,0004848283630719
Transfer from loans to OREO180-342320,877,00012,530,0001071292434
Transfer from loans HFS to trading securities--------1,3891,3211,7422,2321,8931,212
Transfer from loans to loans HFS---------31931-7
Preferred stock conversion to common stock-------------493