First Horizon (FHN) Non Operating Interest Expenses (2009 - 2024)
First Horizon's (FHN) quarterly Non Operating Interest Expenses came in at $448.0 million in Q1 2024, up 93.1% year-over-year from $232.0 million in Q2 2023, and down 5.68% quarter-over-quarter from $475.0 million in Q3 2023.
Analysis
First Horizon (FHN) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
First Horizon has disclosed Non Operating Interest Expenses across 16 years of filings, most recently posting $448.0 million for Q1 2024.
- In Q1 2024, Non Operating Interest Expenses rose 93.1% year-over-year to $448.0 million; the TTM figure through Mar 2024 stood at $1.5 billion (up 213.65% YoY), while the FY2022 annual figure was $291.0 million, up 77.44% from the prior year.
- Non Operating Interest Expenses came in at $448.0 million for Q1 2024 at First Horizon, down from $475.0 million in the prior quarter.
- In the past five years, Non Operating Interest Expenses ranged from a high of $475.0 million in Q3 2023 to a low of $31.0 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $139.3 million, with a median of $59.5 million recorded in 2020.
- Year-over-year, Non Operating Interest Expenses sank 62.2% in 2020 and surged 839.02% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $53.0 million in 2020, then slumped by 35.85% to $34.0 million in 2021, then surged by 332.35% to $147.0 million in 2022, then soared by 223.13% to $475.0 million in 2023, then slipped by 5.68% to $448.0 million in 2024.
- Per Business Quant data, the three most recent Non Operating Interest Expenses figures were $448.0 million in Q1 2024, $475.0 million in Q3 2023, and $385.0 million in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 941.69 Bn | 941.69 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 61.79 Bn | 61.79 Bn | - | 224.00 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 |
|---|---|
| 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 |