FHN Q2 2022 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$761M-5.8% YoY

Gross Profit

$690M90.7% margin

Operating Income

$225M29.6% margin

Net Income

$174M22.9% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$824M

Free Cash Flow

$815M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$85.1B

Total Liabilities

$76.6B

Stockholders' Equity

$8.3B

Cash & Equivalents

$10.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$761M	$808M	-5.8%
Gross Profit	$690M	$878M	-21.4%
Operating Income	$225M	$399M	-43.6%
Net Income	$174M	$308M	-43.5%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$10M100%