FHN Q1 2021 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q1 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$834M+54.4% YoY

Gross Profit

$835M100.1% margin

Operating Income

$307M36.8% margin

Net Income

$233M27.9% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

-1.3%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$1.1B

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$87.5B

Total Liabilities

$79.2B

Stockholders' Equity

$8.0B

Cash & Equivalents

$12.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$834M	$540M	+54.4%
Gross Profit	$835M	$311M	+168.5%
Operating Income	$307M	$21M	+1361.9%
Net Income	$233M	$13M	+1692.3%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$10M100%