First Horizon (FHN) Operating Expenses (2009 - 2026)
First Horizon recorded quarterly Operating Expenses of $505.0 million in Q1 2026, down 7.34% quarter-over-quarter from $545.0 million in Q4 2025, and up 3.7% year-over-year from $487.0 million in Q1 2025.
First Horizon's Operating Expenses history runs 18 years deep, the most recent figure standing at $505.0 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 3.7% year-over-year to $505.0 million; the TTM figure through Mar 2026 stood at $2.1 billion (up 4.24% YoY), while the FY2025 annual figure was $2.1 billion, up 1.92% from the prior year.
- Operating Expenses came in at $505.0 million for Q1 2026 at First Horizon, down 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 gained 13.73% in 2023 and retreated 11.03% in 2024, its largest moves.
- First Horizon's Operating Expenses stood at $503.0 million in 2022, then rose by 13.52% to $571.0 million in 2023, then retreated by 11.03% to $508.0 million in 2024, then climbed by 7.28% to $545.0 million in 2025, then retreated 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 11.90 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 2.55 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -20.00 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 3.77 Bn |
| 10 | First Horizon | 11.64 Bn | 4.72 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 |
| Mar 31, 2021 | 544.00 Mn |
| Dec 31, 2020 | 508.00 Mn |
| Sep 30, 2020 | 587.00 Mn |
| Jun 30, 2020 | 320.00 Mn |
| Mar 31, 2020 | 302.00 Mn |
| Dec 31, 2019 | 328.12 Mn |
| Sep 30, 2019 | 308.31 Mn |
| Jun 30, 2019 | 300.39 Mn |
| Mar 31, 2019 | 296.09 Mn |
| Dec 31, 2018 | 280.94 Mn |
| Sep 30, 2018 | 294.03 Mn |
| Jun 30, 2018 | 332.77 Mn |
| Mar 31, 2018 | 313.27 Mn |
| Dec 31, 2017 | 346.67 Mn |
| Sep 30, 2017 | 236.87 Mn |
| Jun 30, 2017 | 217.92 Mn |
| Mar 31, 2017 | 222.21 Mn |
| Dec 31, 2016 | 237.90 Mn |
| Sep 30, 2016 | 233.56 Mn |
| Jun 30, 2016 | 226.82 Mn |
| Mar 31, 2016 | 226.93 Mn |
| Dec 31, 2015 | 243.74 Mn |
| Sep 30, 2015 | 215.44 Mn |
| Jun 30, 2015 | 218.39 Mn |
| Mar 31, 2015 | 376.22 Mn |
| Dec 31, 2014 | 207.31 Mn |
| Sep 30, 2014 | 244.02 Mn |
| Jun 30, 2014 | 163.16 Mn |
| Mar 31, 2014 | 218.04 Mn |
| Dec 31, 2013 | 247.02 Mn |
| Sep 30, 2013 | 433.56 Mn |
| Jun 30, 2013 | 227.41 Mn |
| Mar 31, 2013 | 240.54 Mn |
| Dec 31, 2012 | 271.36 Mn |
| Sep 30, 2012 | 263.17 Mn |
| Jun 30, 2012 | 527.18 Mn |
| Mar 31, 2012 | 321.99 Mn |
| Dec 31, 2011 | 312.04 Mn |
| Sep 30, 2011 | 322.71 Mn |
| Jun 30, 2011 | 344.46 Mn |
| Mar 31, 2011 | 315.15 Mn |
| Dec 31, 2010 | 328.30 Mn |
| Sep 30, 2010 | 341.49 Mn |
| Jun 30, 2010 | 337.31 Mn |
| Mar 31, 2010 | 337.98 Mn |
| Dec 31, 2009 | 390.36 Mn |
| Sep 30, 2009 | 348.22 Mn |
| Jun 30, 2009 | 402.49 Mn |
| Mar 31, 2009 | 407.80 Mn |