FHN Q4 2022 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.0B+37.0% YoY

Gross Profit

$815M80.9% margin

Operating Income

$334M33.2% margin

Net Income

$266M26.4% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

+9.0%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$19M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$79.0B

Total Liabilities

$70.4B

Stockholders' Equity

$8.3B

Cash & Equivalents

$2.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.0B	$735M	+37.0%
Gross Profit	$815M	$766M	+6.4%
Operating Income	$334M	$281M	+18.9%
Net Income	$266M	$227M	+17.2%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$10M100%