FHN Q4 2023 Earnings — First Horizon Corporation Revenue & Financial Results | Market Cap Arena

FHNFirst Horizon Corporation

$11B

Q4 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.2B+23.7% YoY

Gross Profit

$727M58.3% margin

Operating Income

$178M14.3% margin

Net Income

$184M14.8% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$365M

Free Cash Flow

$351M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$81.7B

Total Liabilities

$72.4B

Stockholders' Equity

$9.0B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.0B	+23.7%
Gross Profit	$727M	$815M	-10.8%
Operating Income	$178M	$334M	-46.7%
Net Income	$184M	$266M	-30.8%

Revenue Segments

Underwriting, Portfolio Advisory, and Other Noninterest Income

$10M100%