First Horizon (FHN) Gross Margin (2012 - 2017)
First Horizon's (FHN) quarterly Gross Margin came in at 99.72% in Q1 2017, up 6.0% year-over-year from 94.07% in Q1 2016, and little changed quarter-over-quarter from 99.59% in Q4 2016.
Analysis
First Horizon (FHN) Gross Margin (2012 - 2017) Analysis & Trends
First Horizon has disclosed Gross Margin across 6 years of filings, most recently posting 99.72% for Q1 2017.
- In Q1 2017, Gross Margin rose 6.0% year-over-year to 99.72%; the TTM figure through Mar 2017 stood at 99.66% (changed 0.0% YoY), while the FY2016 annual figure was 99.65%, down 2.0% from the prior year.
- Gross Margin came in at 99.72% for Q1 2017 at First Horizon, roughly flat from 99.59% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.75% in Q2 2013 to a low of 99.59% in Q4 2016.
- Average Gross Margin over 5 years is 99.67%, with a median of 99.66% recorded in 2016.
- Year-over-year, Gross Margin climbed 7 bps in 2014 and slipped 9 bps in 2015.
- Over 5 years, Gross Margin stood at 99.61% in 2013, then grew by 0 bps to 99.62% in 2014, then gained by 0 bps to 99.65% in 2015, then dropped by 0 bps to 99.59% in 2016, then climbed by 0 bps to 99.72% in 2017.
- Per Business Quant data, the three most recent Gross Margin figures were 99.72% in Q1 2017, 99.59% in Q4 2016, and 99.65% in Q3 2016.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 941.69 Bn | 941.69 Bn | - | - |
| 2 | Truist Financial | 61.79 Bn | 61.79 Bn | - | - |
| 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 | 39.19% |
| 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 |
|---|---|
| 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% |