First Horizon (FHN) Operating Expenses (2009 - 2026)
First Horizon (FHN) posted Operating Expenses of $505.0 million for Q1 2026, down 7.34% sequentially from $545.0 million in Q4 2025, and up 3.7% YoY from $487.0 million in Q1 2025.
First Horizon (FHN) Operating Expenses (2009 - 2026) Analysis & Trends
First Horizon has reported Operating Expenses for 18 years, with the latest figure at $505.0 million in Q1 2026.
- Quarterly Operating Expenses rose 3.7% year-over-year to $505.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 4.24% YoY) and the FY2025 annual result came in at $2.1 billion, up 1.92% from the prior year.
- Operating Expenses declined to $505.0 million in Q1 2026 per FHN's latest filing, from $545.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $571.0 million in Q4 2023 and troughed at $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.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses advanced 13.73% in 2023, then decreased 11.03% in 2024.
- Over 5 years, Operating Expenses stood at $503.0 million in 2022, then gained by 13.52% to $571.0 million in 2023, then decreased by 11.03% to $508.0 million in 2024, then grew by 7.28% to $545.0 million in 2025, then decreased by 7.34% to $505.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $505.0 million, $545.0 million, and $550.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | First Horizon | 11.74 Bn | 4.54 Bn | - | 532.00 Mn |
Historic Data
Download 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 |