US-listed companies
FIRST HORIZON CORP

FIRST HORIZON CORPFHN

Market cap

$8.8B

P/E ratio

9.8x

Income statement Balance sheet Cash flow

	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
Interest and fees on loans and leases	698	654	649	600	572	600,313,000	680	817	1,286	1,394	1,722	1,957	2,292	3,575
Interest and fees on loans held for sale	19	16	15	13	11	5,457,000	6	18	45	31	30	33	39	51
Interest on investment securities	-	-	-	-	-	-	-	-	-	121	104	121	198	247
Interest on trading securities	-	-	-	-	-	-	-	-	59	47	35	30	58	78
Interest on other earning assets	3	1	2	1	1	1,652,000	4	15	25	31	7	17	96	149
Total interest income	-	-	-	-	-	-	-	-	-	-	1,898	2,158	2,683	4,100
Interest on deposits	-	-	-	-	-	-	-	-	-	-	152	81	184	1,266
Interest on trading liabilities	18	15	10	14	15	15,976,000	15	15	19	13	6	6	12	12
Interest on short-term borrowings	7	6	5	5	5	3,172,000	5	16	37	41	14	5	23	210
Interest on term borrowings	32	39	39	36	35	38,387,000	29	36	53	53	64	72	72	72
Total interest expense	149	132	110	95	82	82,685,000	89	148	326	414	236	164	291	1,560
Net interest income	731	701	689	637	627,718,000	653,720,000	729	842	1,220	1,210	1,662	1,994	2,392	2,540
Provision (benefit) for credit losses	-	-	-	-	-	-	-	-	-	-	-	-310	95	260
Net interest income after provision for credit losses	461	657	611	582	601	644,720,000	718	842	1,213	1,163	1,159	2,304	2,297	2,280
Fixed income	-	-	-	-	-	231,337,000	269	217	168	279	423	406	205	133
Deposit transactions and cash management	145	134	120	114	112	112,843,000	109	111	133	132	148	175	171	179
Deposit transactions and cash management	145	134	120	114	112	112,843,000	109	111	133	132	148	175	171	179
Fixed income	-	-	-	-	-	231,337,000	269	217	168	279	423	406	205	133
Brokerage Management Fees And Commissions	25	24	35	42	49	46,496,000	43	49	55	55	66	88	92	90
Card and digital banking fees	-	-	-	-	-	-	-	-	-	-	-	78	84	77
Mortgage banking and title income	-	-	-	-	-	-	-	-	-	-	-	154	68	23
Other service charges and fees	-	-	-	-	-	-	-	-	-	-	-	44	54	54
Other service charges and fees	-	-	-	-	-	-	-	-	-	-	-	44	54	54
Trust services and investment management	-	-	-	-	-	-	-	-	30	30	39	51	48	47
Trust services and investment management	-	-	-	-	-	-	-	-	30	30	39	51	48	47
Mortgage banking and title income	-	-	-	-	-	-	-	-	-	-	-	154	68	23
Securities gains (losses), net	-	-	-	-	-	-	-	-	-	-	-6	-	18	-4
Gain on merger termination	-	-	-	-	-	-	-	-	-	-	-	-	-	225
Purchase accounting gain	-	-	-	-	-	-	-	-	-	-	533	-1	-	-
Securities gains (losses), net	-	-	-	-	-	-	-	-	-	-	-6	-	18	-4
Other income	136	118	101	40	32,263,000	42,623,000	64	45	78	111	123	68	75	103
Total noninterest income	956	786	671	585	550,044,000	517,325,000	552	490	723	654	1,492	1,076	815	927
Personnel expense	689	610	641	529	478	511,633,000	563	589	658	695	1,033	1,210	1,101	1,100
Occupancy, Net	59	54	49	51	54	51,117,000	51	55	85	80	116	137	128	123
Computer software	31	35	40	40	43	44,724,000	45	48	61	61	85	116	113	111
Deposit insurance expense	37	28	28	20	11	18,027,000	22	27	32	20	-	-	-	122
Operations services	60	50	35	35	35	39,261,000	42	44	56	46	56	80	87	87
Computer software	31	35	40	40	43	44,724,000	45	48	61	61	85	116	113	111
Legal Fees	-	-	-	-	-	16,287,000	22	12	11	17	84	68	62	49
Operations services	60	50	35	35	35	39,261,000	42	44	56	46	56	80	87	87
Contract employment and outsourcing	-	42	41	36	19	14,494,000	10	15	19	13	-	67	54	49
Advertising and public relations	-	-	-	18	19	19,187,000	22	19	25	34	18	37	50	71
Amortization of intangible assets	6	4	4	4	4	5,253,000	5	9	26	25	40	56	51	47
Contributions	-	-	-	-	-	-	-	-	-	-	41	14	7	61
Advertising and public relations	-	-	-	18	19	19,187,000	22	19	25	34	18	37	50	71
Legal Fees	-	-	-	-	-	16,287,000	22	12	11	17	84	68	62	49
Equipment expense	29	33	31	32	30	30,864,000	27	30	39	34	42	47	45	42
Contract employment and outsourcing	-	42	41	36	19	14,494,000	10	15	19	13	-	67	54	49
Communication	22	19	18	18	16	15,820,000	14	18	30	25	31	37	37	35
Amortization of intangible assets	6	4	4	4	4	5,253,000	5	9	26	25	40	56	51	47
Contributions	-	-	-	-	-	-	-	-	-	-	41	14	7	61
Equipment expense	29	33	31	32	30	30,864,000	27	30	39	34	42	47	45	42
Impairment of long-lived assets	-	-	-	-	-	-	-	-	-	-	-	34	-	-
Communication	22	19	18	18	16	15,820,000	14	18	30	25	31	37	37	35
Other expense	116	162	143	148	88,673,000	253,157,000	116	133	136	126	172	193	218	182
Impairment of long-lived assets	-	-	-	-	-	-	-	-	-	-	-	34	-	-
Total noninterest expense	1,367	1,293	1,384	1,159	841,211,000	1,053,791,000	925	1,024	1,222	1,232	1,718	2,096	1,953	2,079
Other expense	116	162	143	148	88,673,000	253,157,000	116	133	136	126	172	193	218	182
Total noninterest expense	1,367	1,293	1,384	1,159	841,211,000	1,053,791,000	925	1,024	1,222	1,232	1,718	2,096	1,953	2,079
Income before income taxes	49	150	-102	8	309,551,000	108,254,000	345	309	714	586	-	1,284	1,159	1,128
Income tax expense	-19	16	-85	-32	78,501,000	10,941,000	107	132	158	133	76	274	247	212
Net income (loss)	62	143	-16	41	231	97,313,000	239	177	557	452	857	1,010	912	916
Net income attributable to noncontrolling interest	11	11	11	11	12	11,434,000	11	11	11	11	12	11	12	19
Net income attributable to controlling interest	62	143	-16	41	231	97,313,000	239	177	557	452	857	1,010	912	916
Preferred stock dividends	-	-	-	6	6	6,200,000	6	6	6	6	23	37	32	32
Net income available to common shareholders	-58	131	-28	24	213	79,679,000	221	159	539	435	822	962	868	865
Net income available to common shareholders	-	-	-	-	-	-	-	-	-	-	-	-	868	865
Earnings Per Share, Basic	-0.25	0.5	-0.11	0.1	0.91	0.34	0.95	0.66	1.66	1.39	1.9	1.76	1.62	1.58
Earnings Per Share, Diluted	-0.25	0.5	-0.11	0.1	0.9	0.34	0.94	0.65	1.65	1.38	1.89	1.74	1.53	1.54