FHN Q3 2021 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q3 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$779M-10.8% YoY

Gross Profit

$823M105.6% margin

Operating Income

$298M38.3% margin

Net Income

$232M29.8% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

-3.6%

Cash Flow

Operating Cash Flow

-$447M

Free Cash Flow

-$467M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$88.5B

Total Liabilities

$80.0B

Stockholders' Equity

$8.2B

Cash & Equivalents

$16.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$779M	$873M	-10.8%
Gross Profit	$823M	$580M	+41.9%
Operating Income	$298M	$541M	-44.9%
Net Income	$232M	$536M	-56.7%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$12M100%