FHN Q3 2024 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.3B+5.0% YoY

Gross Profit

$767M59.3% margin

Operating Income

$281M21.7% margin

Net Income

$218M16.8% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$389M

Free Cash Flow

$383M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$82.6B

Total Liabilities

$73.3B

Stockholders' Equity

$9.0B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+5.0%
Gross Profit	$767M	$647M	+18.5%
Operating Income	$281M	$194M	+44.8%
Net Income	$218M	$137M	+59.1%