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| 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 |