FHN Q3 2019 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q3 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$568M-22.2% YoY

Gross Profit

$446M78.6% margin

Operating Income

$150M26.4% margin

Net Income

$111M19.6% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$369M

Free Cash Flow

$353M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$43.7B

Total Liabilities

$38.7B

Stockholders' Equity

$4.7B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$568M	$730M	-22.2%
Gross Profit	$446M	$640M	-30.2%
Operating Income	$150M	$359M	-58.2%
Net Income	$111M	$272M	-59.1%