First Horizon (FHN) Operating Expenses (2009 - 2026)

First Horizon's (FHN) quarterly Operating Expenses came in at $505.0 million in Q1 2026, up 3.7% year-on-year from $487.0 million in Q1 2025, and down 7.34% quarter-over-quarter from $545.0 million in Q4 2025.

First Horizon (FHN) Operating Expenses (2009 - 2026) Analysis & Trends

First Horizon has disclosed Operating Expenses across 18 years of filings, most recently posting $505.0 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $505.0 million, up 3.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 4.24% YoY), and the FY2025 annual result 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.
  • The 5-year median for Operating Expenses is $503.0 million (2022), against an average of $508.4 million.
  • Across the five-year window, Operating Expenses rose 13.73% in 2023 and fell 11.03% in 2024, its largest moves.
  • First Horizon's 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 fell by 7.34% to $505.0 million in 2026.
  • The last three Operating Expenses figures came in at $505.0 million (Q1 2026), $545.0 million (Q4 2025), and $550.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -287,925.00
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -3.86 Bn
4 First Capital 215.78 Bn 215.63 Bn - 7.75 Mn
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 11.90 Mn
7 NatWest 168.65 Bn -51.67 Bn - -2.75 Bn
8 Shinhan Financial 136.54 Bn 104.11 Bn - -1.06 Bn
9 Mizuho Financial 112.02 Bn 112.56 Bn - 137.67 Mn
10 First Horizon 12.08 Bn 5.16 Bn - 505.00 Mn

Historic Data

Download Data
DateValue
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