First Horizon (FHN) Gross Margin (2012 - 2017)
First Horizon (FHN) posted Gross Margin of 99.72% for Q1 2017, little changed sequentially from 99.59% in Q4 2016, and up 6.0% YoY from 94.07% in Q1 2016.
First Horizon (FHN) Gross Margin (2012 - 2017) Analysis & Trends
First Horizon has reported Gross Margin for 6 years, with the latest figure at 99.72% in Q1 2017.
- Quarterly Gross Margin rose 6.0% year-over-year to 99.72% in Q1 2017, while the trailing twelve-month figure through Mar 2017 was 99.66% (changed 0.0% YoY) and the FY2016 annual result came in at 99.65%, down 2.0% from the prior year.
- Gross Margin held at 99.72% in Q1 2017 per FHN's latest filing, from 99.59% in the prior quarter.
- Over five years, Gross Margin peaked at 99.75% in Q2 2013 and troughed at 99.59% in Q4 2016.
- A 5-year average of 99.67% and a median of 99.66% in 2016 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2014 and 2015: Gross Margin grew 7 bps in 2014, then dropped 9 bps in 2015.
- Over 5 years, Gross Margin stood at 99.61% in 2013, then rose by 0 bps to 99.62% in 2014, then climbed by 0 bps to 99.65% in 2015, then fell by 0 bps to 99.59% in 2016, then increased by 0 bps to 99.72% in 2017.
- According to Business Quant data, Gross Margin over the past three periods registered 99.72%, 99.59%, and 99.65% for Q1 2017, Q4 2016, and Q3 2016 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 42.56% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | First Horizon | 11.74 Bn | 4.54 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2017 | 99.72% |
| Dec 31, 2016 | 99.59% |
| Sep 30, 2016 | 99.65% |
| Jun 30, 2016 | 99.71% |
| Mar 31, 2016 | 99.66% |
| Dec 31, 2015 | 99.65% |
| Sep 30, 2015 | 99.66% |
| Jun 30, 2015 | 99.70% |
| Mar 31, 2015 | 99.67% |
| Dec 31, 2014 | 99.62% |
| Sep 30, 2014 | 99.75% |
| Jun 30, 2014 | 99.71% |
| Mar 31, 2014 | 99.61% |
| Dec 31, 2013 | 99.61% |
| Sep 30, 2013 | 99.68% |
| Jun 30, 2013 | 99.75% |
| Mar 31, 2013 | 99.65% |
| Dec 31, 2012 | 99.66% |
| Sep 30, 2012 | 99.70% |
| Jun 30, 2012 | 99.74% |