FHN Q2 2021 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q2 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$808M+49.6% YoY

Gross Profit

$878M108.7% margin

Operating Income

$399M49.4% margin

Net Income

$308M38.1% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

-$49M

Free Cash Flow

-$65M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$87.9B

Total Liabilities

$79.3B

Stockholders' Equity

$8.3B

Cash & Equivalents

$14.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$808M	$540M	+49.6%
Gross Profit	$878M	$378M	+132.3%
Operating Income	$399M	$70M	+470.0%
Net Income	$308M	$54M	+470.4%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$14M100%