FHN Q3 2022 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q3 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$924M+18.6% YoY

Gross Profit

$793M85.8% margin

Operating Income

$346M37.4% margin

Net Income

$265M28.7% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

+21.4%

Cash Flow

Operating Cash Flow

$768M

Free Cash Flow

$765M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$80.3B

Total Liabilities

$72.0B

Stockholders' Equity

$8.0B

Cash & Equivalents

$4.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$924M	$779M	+18.6%
Gross Profit	$793M	$823M	-3.6%
Operating Income	$346M	$298M	+16.1%
Net Income	$265M	$232M	+14.2%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$13M100%