First Horizon (FHN) Operating Expenses (2009 - 2026)

First Horizon (FHN) reported Operating Expenses of $505.0 million for Q1 2026, up 3.7% on a YoY basis from $487.0 million in Q1 2025, and down 7.34% sequentially from $545.0 million in Q4 2025.

First Horizon (FHN) Operating Expenses (2009 - 2026) Analysis & Trends

First Horizon (FHN) has 18 years of Operating Expenses data on file, last reported at $505.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 3.7% year-over-year to $505.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.1 billion (up 4.24% YoY), and the FY2025 full-year result was $2.1 billion, up 1.92% from the prior year.
  • Operating Expenses declined to $505.0 million in Q1 2026, 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.
  • A 5-year average of $508.4 million and a median of $503.0 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses rose 13.73% in 2023 and fell 11.03% in 2024, its largest moves.
  • Tracing FHN's Operating Expenses over 5 years: stood at $503.0 million in 2022, then grew by 13.52% to $571.0 million in 2023, then declined by 11.03% to $508.0 million in 2024, then gained by 7.28% to $545.0 million in 2025, then declined by 7.34% to $505.0 million in 2026.
  • Business Quant data shows FHN's Operating Expenses at $505.0 million in Q1 2026, $545.0 million in Q4 2025, and $550.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -19.71 Mn
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -1.04 Bn
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -287,925.00
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -2.75 Bn
5 Mizuho Financial 385.64 Bn 389.59 Bn - -17.40 Bn
6 Lloyds Banking 358.14 Bn 358.14 Bn - -3.86 Bn
7 First Capital 200.03 Bn 199.69 Bn - 7.75 Mn
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 11.90 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 3.77 Bn
10 First Horizon 12.14 Bn 5.21 Bn - 505.00 Mn

Historic Data

Download Data
DateValue
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