FHN Q1 2020 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q1 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$540M+1.9% YoY

Gross Profit

$311M57.6% margin

Operating Income

$21M3.9% margin

Net Income

$13M2.4% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

-6.3%

Cash Flow

Operating Cash Flow

-$1.4B

Free Cash Flow

-$1.4B

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$47.2B

Total Liabilities

$42.1B

Stockholders' Equity

$4.8B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$540M	$530M	+1.9%
Gross Profit	$311M	$415M	-25.1%
Operating Income	$21M	$130M	-83.9%
Net Income	$13M	$101M	-87.1%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$9M100%