FHN Q3 2020 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q3 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$873M+53.8% YoY

Gross Profit

$580M66.4% margin

Operating Income

$541M62.0% margin

Net Income

$536M61.4% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

+61.7%

Cash Flow

Operating Cash Flow

$230M

Free Cash Flow

$216M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$83.0B

Total Liabilities

$74.9B

Stockholders' Equity

$7.8B

Cash & Equivalents

$6.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$873M	$568M	+53.8%
Gross Profit	$580M	$446M	+29.9%
Operating Income	$541M	$150M	+261.3%
Net Income	$536M	$111M	+382.6%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$10M100%