First Horizon (FHN) Non Operating Interest Expenses (2009 - 2024)
First Horizon (FHN) recorded Non Operating Interest Expenses of $448 million in Q1 2024, up 93.1% from $232 million a year earlier.
First Horizon (FHN) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
On a TTM basis, First Horizon's Non Operating Interest Expenses came in at $1.54 billion as of Mar 31, 2024, up 213.6% year-over-year; for FY2022, it was $291 million, up 77.4% from FY2021.
- Annual Non Operating Interest Expenses has a five-year compound annual growth rate of 14.5% (FY2017 to FY2022).
- Across earlier years, Non Operating Interest Expenses came in at $164 million in FY2021 (-30.5%), $236 million in FY2020 (-43.0%), $414 million in FY2019 (+27.0%) and $326 million in FY2018 (+120.8%).
- Quarterly Non Operating Interest Expenses has ranged from $31 million in Q1 2022 to $475 million in Q3 2023 over the past five years.
- On a year-over-year basis, Non Operating Interest Expenses rose in six of the last seven quarters, with growth averaging 363.7%.
- Peak year-over-year performance for Non Operating Interest Expenses in the last five years was growth of 839.0% in Q2 2023, against a decline of 62.2% in Q2 2020 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | - |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -538.61 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | - |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | - |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 12.80 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 9.12 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | - |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | - |
| 10 | First Horizon | 10.90 Bn | 3.99 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 448.00 Mn |
| Sep 30, 2023 | 475.00 Mn |
| Jun 30, 2023 | 385.00 Mn |
| Mar 31, 2023 | 232.00 Mn |
| Dec 31, 2022 | 147.00 Mn |
| Sep 30, 2022 | 71.00 Mn |
| Jun 30, 2022 | 41.00 Mn |
| Mar 31, 2022 | 31.00 Mn |
| Dec 31, 2021 | 34.00 Mn |
| Sep 30, 2021 | 41.00 Mn |
| Jun 30, 2021 | 45.00 Mn |
| Mar 31, 2021 | 44.00 Mn |
| Dec 31, 2020 | 53.00 Mn |
| Sep 30, 2020 | 66.00 Mn |
| Jun 30, 2020 | 41.00 Mn |
| Mar 31, 2020 | 75.00 Mn |
| Dec 31, 2019 | 92.60 Mn |
| Sep 30, 2019 | 106.82 Mn |
| Jun 30, 2019 | 108.48 Mn |
| Mar 31, 2019 | 106.11 Mn |
First Horizon Non Operating Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=FHN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "ticker": "FHN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-operating-interest-expenses&ticker=FHN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();