First Horizon Corp Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 880.00M270.00M44.00M78.00M55.00M27.00M9.00M11.00M8.00M45.00M503.00M-310.00M74.00M264.00M154.00M
Revenue 1,130.87M1,393.56M1,442.84M1,282.00M1,166.95M1,150.76M1,162.05M1,270.53M1,332.53M1,936.11M1,817.27M3,154.00M3,070.00M3,207.00M3,467.00M3,190.00M
Interest income
Interest income - Loans 769.75M697.93M654.43M648.55M599.71M571.80M600.31M679.92M816.81M1,286.00M1,394.00M1,722.00M1,957.00M2,292.00M3,575.00M3,874.00M
Interest income - Investments -2.23M-7.09M326.15M10.00M346.00M180.00M770.00M451.00M220.00M1,110.00M
Interest Income - Debt Securities 181.23M114.33M149.73M-14.18M125.19M93.23M268.20M115.45M112.61M183.00M121.00M141.00M169.00M198.00M247.00M241.00M
Interest Income - Trading Account Assets 53.16M46.38M43.19M35.36M34.55M31.99M35.07M30.78M34.99M59.00M47.00M35.00M30.00M58.00M78.00M85.00M
Other interest income 2.37M2.88M0.80M1.68M1.03M0.77M1.65M4.25M15.01M26.00M31.00M6.00M17.00M96.00M149.00M116.00M
Interest Income - Total 992.94M880.29M832.44M798.95M732.05M709.25M736.40M817.91M989.93M1,546.00M1,624.00M1,898.00M2,158.00M2,683.00M4,100.00M4,352.00M
Interest expenses
Interest Expense - Deposits 60.86M38.60M29.27M21.27M15.88M11.56M11.99M19.61M42.52M217.00M307.00M152.00M81.00M184.00M1,266.00M1,620.00M
Interest Expense - Debt 50.18M32.16M38.51M39.33M36.32M34.57M38.39M29.10M36.04M53.00M53.00M64.00M72.00M72.00M210.00M130.00M
Interest Expenses 216.47M149.45M131.60M110.29M94.68M81.53M82.69M88.83M147.62M326.00M414.00M236.00M164.00M291.00M1,560.00M1,841.00M
Interest Income - Net 776.47M730.84M700.83M688.67M637.37M627.72M653.72M46.50M842.31M1,220.00M1,210.00M1,662.00M1,994.00M2,392.00M2,540.00M2,511.00M
Non-interest income
Interest Income - Total -103.53M460.84M656.83M610.67M582.37M600.72M644.72M718.08M842.31M1,212.00M1,165.00M1,159.00M2,304.00M2,297.00M2,280.00M2,361.00M
Financial Services Fees 26.86M27.86M32.96M34.93M42.26M49.10M46.50M42.91M48.51M55.00M55.00M66.00M88.00M92.00M90.00M101.00M
Service Charges 162.56M143.18M134.06M120.17M114.38M111.95M112.84M108.55M110.59M133.00M132.00M148.00M175.00M171.00M179.00M176.00M
Investment Gain (Loss) 0.37M0.77M0.33M-0.45M1.84M1.49M0.59M0.05M-0.27M
Investment Banking Income 16.10M16.90M6.00M4.40M-20.18M48.16M0.91M0.15M6.62M-19.93M7.20M2,405.00M3,025.00M1,481.00M674.00M932.00M
Income - Trust 26.17M25.67M24.95M24.32M26.52M27.78M27.58M27.73M28.42M30.00M30.00M39.00M51.00M48.00M47.00M48.00M
Mortgage Banking 235.45M167.36M90.59M51.89M33.27M71.26M3.87M10.21M4.65M11.00M10.00M129.00M154.00M68.00M23.00M35.00M
Card Income 20.16M19.76M22.39M22.38M20.48M23.70M22.24M24.43M26.43M29.00M49.00M60.00M78.00M84.00M77.00M77.00M
Trading Income 390.10M329.70M307.60M231.90M170.30M195.90M229.70M173.90M213.00M228.00M371.00M360.00M157.00M97.00M154.00M
Other Non-Interest Income 876.96M-576.54M-377.27M225.01M121.42M117.66M75.86M64.23M46.39M84.00M78.00M156.00M67.00M75.00M122.00M93.00M
Non-Interest Income 1,234.40M932.73M786.01M671.33M584.58M550.04M517.33M552.44M490.22M723.00M654.00M1,492.00M1,076.00M815.00M927.00M679.00M
Operating Items
Amortization - Intangibles 6.02M4.15M4.02M3.91M3.91M4.17M5.30M5.20M8.73M25.86M25.00M40.00M56.00M51.00M47.00M44.00M
Depreciation & Amortization - Total 34.30M28.39M32.91M31.25M31.74M29.96M30.86M27.39M29.54M39.13M34.00M42.00M47.00M45.00M42.00M42.00M
Research & Development 62.48M59.15M50.35M35.43M35.22M35.25M39.26M41.85M43.82M56.28M46.00M56.00M80.00M87.00M87.00M94.00M
Wages, Salaries and Other 777.58M672.01M610.23M640.86M529.04M478.16M511.63M563.79M587.47M658.00M695.00M1,033.00M1,210.00M1,101.00M1,100.00M1,137.00M
Rent Expense 65.40M57.73M53.61M49.03M50.56M54.02M51.12M50.88M54.65M85.01M80.00M116.00M137.00M128.00M123.00M130.00M
Other Operating Expenses -9.18M1,196.55M1,156.12M1,268.00M1,031.00M713.30M932.55M805.09M895.65M1,041.58M1,073.00M1,504.00M1,832.00M1,693.00M225.00M1,769.00M
Operating Expenses 1,571.85M1,341.81M1,292.99M1,383.70M1,148.52M832.53M1,053.79M925.20M1,023.66M1,222.00M1,233.00M1,718.00M2,096.00M1,953.00M2,079.00M2,035.00M
Operating Income 18.11M52.45M-35.60M6.45M111.38M37.89M120.86M108.11M149.96M
EBIT -204.06M18.11M52.45M-35.60M6.45M111.38M37.89M120.86M108.11M149.96M1,000.00M1,169.00M1,448.00M1,450.00M2,688.00M2,846.00M
Non-operating items
Other Non Operating Income 17.06M5.76M1.18M0.96M-4.17M5.79M1.08M-14.33M8.30M533.00M-1.00M
Non Operating Income -0.00M-0.04M0.01M0.00M
Net income details
EBT -420.53M51.75M149.85M-101.70M18.43M318.23M108.25M345.32M308.87M336.00M586.00M933.00M1,284.00M1,159.00M1,128.00M1,005.00M
Tax Provisions -174.94M-219.21M-29.51M-85.26M-19.39M84.19M10.94M106.81M131.89M157.00M134.00M76.00M274.00M247.00M212.00M211.00M
Profit After Tax -306.22M72.94M142.63M-27.91M38.37M234.05M97.31M238.51M176.98M545.00M452.00M857.00M1,010.00M912.00M916.00M794.00M
Equity Income -0.14M0.11M212.90M0.44M
Net Income - Minority -295.17M-295.17M
Income from Non-Controlling Interests 11.40M11.40M11.43M11.46M11.46M11.53M11.43M11.46M11.46M11.46M11.00M12.00M11.00M12.00M19.00M19.00M
Income from Continuing Operations -245.59M270.96M179.35M-16.44M37.82M234.05M97.31M238.51M176.98M179.00M452.00M857.00M1,010.00M912.00M916.00M794.00M
Consolidated Net Income -12.85M-11.33M8.62M0.15M0.55M234.05M97.31M238.51M176.98M179.00M452.00M857.00M1,010.00M912.00M916.00M794.00M
Income towards Parent Company -308.01M-306.50M8.62M0.15M0.55M234.05M97.31M238.51M176.98M179.00M452.00M857.00M1,010.00M912.00M916.00M794.00M
Preferred Dividend Payments 59.59M107.97M5.84M6.20M6.20M6.20M6.20M6.20M6.00M23.00M37.00M32.00M32.00M37.00M
Net Income towards Common Stockholders -329.42M-57.77M131.20M-27.76M21.07M216.32M79.68M220.85M159.31M538.84M435.00M822.00M962.00M868.00M865.00M738.00M
Additional items
EPS (Basic) -1.41-0.250.50-0.110.090.920.340.950.661.661.391.901.761.621.581.37
EPS (Weighted Average and Diluted) -1.41-0.250.910.340.940.651.651.381.891.741.531.541.36
Shares Outstanding (Weighted Average) 218.65M232.84M263.62M247.13M236.33M235.25M234.24M233.23M234.23M323.94M311.18M
Shares Outstanding (Diluted Average) 234.43M235.70M236.27M235.29M244.45M327.44M315.66M
Tax Rate 41.60%83.83%26.45%10.11%30.93%42.70%46.73%22.87%8.15%21.34%21.31%18.79%21.00%