FHN Q2 2020 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$540M-3.3% YoY

Gross Profit

$378M70.0% margin

Operating Income

$70M13.0% margin

Net Income

$54M10.0% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+0.0%

Cash Flow

Operating Cash Flow

$897M

Free Cash Flow

$884M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$48.6B

Total Liabilities

$43.4B

Stockholders' Equity

$4.9B

Cash & Equivalents

$3.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$540M	$558M	-3.3%
Gross Profit	$378M	$437M	-13.5%
Operating Income	$70M	$148M	-52.8%
Net Income	$54M	$111M	-51.3%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$9M100%