FHN Q3 2018 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q3 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$730M+100.4% YoY

Gross Profit

$640M87.7% margin

Operating Income

$359M49.2% margin

Net Income

$272M37.3% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

+45.7%

Cash Flow

Operating Cash Flow

-$175M

Free Cash Flow

-$183M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$40.6B

Total Liabilities

$35.9B

Stockholders' Equity

$4.4B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$730M	$364M	+100.4%
Gross Profit	$640M	$326M	+96.3%
Operating Income	$359M	$85M	+320.1%
Net Income	$272M	$69M	+294.6%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$8M100%