First Horizon (FHN) Operating Expenses (2009 - 2026)
First Horizon (FHN) reported Operating Expenses of $532 million for Q2 2026, up 8.4% from $491 million a year earlier and up 5.3% from the prior quarter.
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Analysis
First Horizon (FHN) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, First Horizon's Operating Expenses came in at $2.13 billion, up 6.8% year-over-year; for FY2025, it was $2.07 billion, up 1.9% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 3.8% (FY2020 to FY2025).
- By year, Operating Expenses came in at $2.04 billion in FY2024 (-2.1%), $2.08 billion in FY2023 (+6.5%), $1.95 billion in FY2022 (-6.8%) and $2.1 billion in FY2021 (+22.0%).
- Five-year quarterly Operating Expenses spans a low of $469 million in Q3 2022 and a high of $571 million in Q4 2023.
- Year over year, Operating Expenses has now increased in each of the last four quarters, with growth averaging 2.1% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q2 2023 (growth of 13.7%); the low point was Q4 2024 (a decline of 11.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $505 million (Q1 2026), $545 million (Q4 2025) and $550 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 27.32 Bn |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | -3,218.32 Bn |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 18.63 Bn |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 13.90 Bn |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 7.02 Bn |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | 17.50 Bn |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 11.67 Bn |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 13.66 Bn |
| 10 | First Horizon | 10.90 Bn | 3.99 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 |
API Access
First Horizon Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=FHN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "FHN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=FHN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();