First Horizon (FHN) Operating Expenses (2009 - 2026)
First Horizon's (FHN) quarterly Operating Expenses came in at $532.0 million in Q2 2026, up 8.35% year-over-year from $491.0 million in Q2 2025, and up 5.35% quarter-over-quarter from $505.0 million in Q1 2026.
Analysis
First Horizon (FHN) Operating Expenses (2009 - 2026) Analysis & Trends
First Horizon has disclosed Operating Expenses across 18 years of filings, most recently posting $532.0 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 8.35% year-over-year to $532.0 million; the TTM figure through Jun 2026 stood at $2.1 billion (up 6.76% YoY), while the FY2025 annual figure was $2.1 billion, up 1.92% from the prior year.
- Operating Expenses came in at $532.0 million for Q2 2026 at First Horizon, up from $505.0 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.
- Average Operating Expenses over 5 years is $509.7 million, with a median of $504.0 million recorded in 2022.
- Year-over-year, Operating Expenses gained 13.73% in 2023 and retreated 11.03% in 2024.
- Over 5 years, 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 declined by 2.39% to $532.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $532.0 million in Q2 2026, $505.0 million in Q1 2026, and $545.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 941.69 Bn | 941.69 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.79 Bn | 61.79 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.90 Bn | 26.18 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.97 Bn | 34.97 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 34.15 Bn | 29.62 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.74 Bn | 29.74 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.70 Bn | 25.70 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 25.10 Bn | 24.58 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.34 Bn | -24.35 Bn | - | 1.22 Bn |
| 10 | First Horizon | 11.63 Bn | 4.42 Bn | - | 532.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 532.00 Mn |
| 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 |