First Horizon (FHN) Operating Expenses (2009 - 2026)
First Horizon's (FHN) quarterly Operating Expenses came in at $505.0 million in Q1 2026, up 3.7% year-on-year from $487.0 million in Q1 2025, and down 7.34% quarter-over-quarter from $545.0 million in Q4 2025.
First Horizon (FHN) Operating Expenses (2009 - 2026) Analysis & Trends
First Horizon has disclosed Operating Expenses across 18 years of filings, most recently posting $505.0 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $505.0 million, up 3.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 4.24% YoY), and the FY2025 annual result was $2.1 billion, up 1.92% from the prior year.
- Operating Expenses came in at $505.0 million for Q1 2026 at First Horizon, down from $545.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $571.0 million in Q4 2023 to a low of $469.0 million in Q3 2022.
- The 5-year median for Operating Expenses is $503.0 million (2022), against an average of $508.4 million.
- Across the five-year window, Operating Expenses rose 13.73% in 2023 and fell 11.03% in 2024, its largest moves.
- First Horizon's Operating Expenses stood at $503.0 million in 2022, then increased by 13.52% to $571.0 million in 2023, then fell by 11.03% to $508.0 million in 2024, then advanced by 7.28% to $545.0 million in 2025, then fell by 7.34% to $505.0 million in 2026.
- The last three Operating Expenses figures came in at $505.0 million (Q1 2026), $545.0 million (Q4 2025), and $550.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -3.86 Bn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 7.75 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 11.90 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -2.75 Bn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | -1.06 Bn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 137.67 Mn |
| 10 | First Horizon | 12.08 Bn | 5.16 Bn | - | 505.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 505.00 Mn |
| Dec 31, 2025 | 545.00 Mn |
| Sep 30, 2025 | 550.00 Mn |
| Jun 30, 2025 | 491.00 Mn |
| Mar 31, 2025 | 487.00 Mn |
| Dec 31, 2024 | 508.00 Mn |
| Sep 30, 2024 | 511.00 Mn |
| Jun 30, 2024 | 500.00 Mn |
| Mar 31, 2024 | 515.00 Mn |
| Dec 31, 2023 | 571.00 Mn |
| Sep 30, 2023 | 474.00 Mn |
| Jun 30, 2023 | 555.00 Mn |
| Mar 31, 2023 | 478.00 Mn |
| Dec 31, 2022 | 503.00 Mn |
| Sep 30, 2022 | 469.00 Mn |
| Jun 30, 2022 | 488.00 Mn |
| Mar 31, 2022 | 493.00 Mn |
| Dec 31, 2021 | 529.00 Mn |
| Sep 30, 2021 | 526.00 Mn |
| Jun 30, 2021 | 498.00 Mn |