FHN Q1 2022 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$719M-13.8% YoY

Gross Profit

$728M101.3% margin

Operating Income

$255M35.5% margin

Net Income

$195M27.1% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$694M

Free Cash Flow

$684M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$88.7B

Total Liabilities

$80.0B

Stockholders' Equity

$8.4B

Cash & Equivalents

$14.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$719M	$834M	-13.8%
Gross Profit	$728M	$835M	-12.8%
Operating Income	$255M	$307M	-16.9%
Net Income	$195M	$233M	-16.3%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$10M100%