FHN Q2 2018 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q2 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$501M+42.4% YoY

Gross Profit

$424M84.6% margin

Operating Income

$106M21.1% margin

Net Income

$83M16.6% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$248M

Free Cash Flow

$241M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$41.1B

Total Liabilities

$36.5B

Stockholders' Equity

$4.3B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$501M	$351M	+42.4%
Gross Profit	$424M	$319M	+32.9%
Operating Income	$106M	$112M	-6.0%
Net Income	$83M	$92M	-10.0%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$7M100%