First Horizon (FHN) Change in Taxes (2011 - 2024)
First Horizon's (FHN) quarterly Change in Taxes came in at $1.0 million in Q4 2024, down 75.0% year-over-year from $4.0 million in Q1 2024, and down 50.0% quarter-over-quarter from $2.0 million in Q3 2024.
Analysis
First Horizon (FHN) Change in Taxes (2011 - 2024) Analysis & Trends
First Horizon has disclosed Change in Taxes across 14 years of filings, most recently posting $1.0 million for Q4 2024.
- In Q4 2024, Change in Taxes fell 75.0% year-over-year to $1.0 million; the TTM figure through Dec 2025 stood at $3.0 million (down 57.14% YoY), while the FY2025 annual figure was $2.0 million, down 71.43% from the prior year.
- Change in Taxes came in at $1.0 million for Q4 2024 at First Horizon, down from $2.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $35.0 million in Q4 2020 to a low of $1.0 million in Q2 2020.
- Average Change in Taxes over 5 years is $6.6 million, with a median of $2.0 million recorded in 2021.
- Year-over-year, Change in Taxes jumped 13465.89% in 2020 and slumped 94.29% in 2021.
- Over 5 years, Change in Taxes stood at $35.0 million in 2020, then tumbled by 94.29% to $2.0 million in 2021, then surged by 50.0% to $3.0 million in 2022, then surged by 33.33% to $4.0 million in 2023, then plunged by 75.0% to $1.0 million in 2024.
- Per Business Quant data, the three most recent Change in Taxes figures were $1.0 million in Q4 2024, $2.0 million in Q3 2024, and $4.0 million in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 941.69 Bn | 941.69 Bn | - | - |
| 2 | Truist Financial | 61.79 Bn | 61.79 Bn | - | -402.00 Mn |
| 3 | Fifth Third Bancorp | 49.90 Bn | 26.18 Bn | - | - |
| 4 | M&T Bank | 34.97 Bn | 34.97 Bn | - | - |
| 5 | Huntington Bancshares | 34.15 Bn | 29.62 Bn | - | - |
| 6 | Citizens Financial | 29.74 Bn | 29.74 Bn | - | - |
| 7 | Regions Financial | 25.70 Bn | 25.70 Bn | - | - |
| 8 | First Citizens Bancshares | 25.10 Bn | 24.58 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.34 Bn | -24.35 Bn | - | - |
| 10 | First Horizon | 11.63 Bn | 4.42 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 1.00 Mn |
| Sep 30, 2024 | 2.00 Mn |
| Jun 30, 2024 | 4.00 Mn |
| Dec 31, 2023 | 4.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Mar 31, 2023 | 2.00 Mn |
| Dec 31, 2022 | 3.00 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Dec 31, 2021 | 2.00 Mn |
| Sep 30, 2021 | 24.00 Mn |
| Mar 31, 2021 | 4.00 Mn |
| Dec 31, 2020 | 35.00 Mn |
| Jun 30, 2020 | 1.00 Mn |
| Dec 31, 2019 | 258,000.00 |
| Jun 30, 2019 | 220,000.00 |
| Mar 31, 2019 | 27.52 Mn |
| Dec 31, 2018 | 46.42 Mn |
| Sep 30, 2018 | 746,000.00 |