First Financial Statements From 2010 to 2024

FHN Stock  USD 14.91  0.28  1.91%   
First Horizon financial statements provide useful quarterly and yearly information to potential First Horizon National investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on First Horizon financial statements helps investors assess First Horizon's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting First Horizon's valuation are summarized below:
Gross Profit
3.1 B
Profit Margin
0.2846
Market Capitalization
8.2 B
Revenue
2.9 B
Earnings Share
1.44
We have found one hundred twenty available fundamental signals for First Horizon National, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to verify First Horizon's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 23rd of April 2024, Enterprise Value is likely to grow to about 3.6 B, while Market Cap is likely to drop about 2.1 B.

First Horizon Total Revenue

5.02 Billion

Check First Horizon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as Interest Expense of 278.9 M, Other Operating Expenses of 4.1 B or Operating Income of 717 M, as well as many exotic indicators such as Price To Sales Ratio of 1.94, Dividend Yield of 0.0358 or PTB Ratio of 0.82. First financial statements analysis is a perfect complement when working with First Horizon Valuation or Volatility modules.
  
This module can also supplement First Horizon's financial leverage analysis and stock options assessment as well as various First Horizon Technical models . Check out the analysis of First Horizon Correlation against competitors.

First Horizon Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets85.7 B81.7 B47.1 B
Slightly volatile
Common Stock Shares Outstanding589.8 M561.7 M343.2 M
Slightly volatile
Short and Long Term Debt Total2.9 BB2.6 B
Slightly volatile
Total Current Liabilities21.3 B20.3 B3.6 B
Slightly volatile
Total Stockholder Equity9.4 BB4.7 B
Slightly volatile
Property Plant And Equipment Net944 M899 M482.1 M
Slightly volatile
Retained Earnings4.2 BB1.8 B
Slightly volatile
CashB2.3 BB
Slightly volatile
Non Current Assets Total80.7 B76.9 B16.9 B
Slightly volatile
Other Assets73.5 B70 B38.5 B
Slightly volatile
Cash And Short Term Investments9.9 B9.4 B7.3 B
Slightly volatile
Liabilities And Stockholders Equity85.7 B81.7 B47.1 B
Slightly volatile
Non Current Liabilities Total54.7 B52.1 B8.3 B
Slightly volatile
Other Stockholder Equity5.6 B5.4 B2.9 B
Slightly volatile
Total Liabilities76 B72.4 B42.1 B
Slightly volatile
Total Current Assets4.5 B4.8 B15 B
Slightly volatile
Short Term Debt2.7 B2.5 B1.2 B
Slightly volatile
Net Receivables69.2 B65.9 B20.5 B
Slightly volatile
Other Current Assets4.5 B4.8 B13.7 B
Slightly volatile
Property Plant And Equipment Gross1.2 B1.1 B571.8 M
Slightly volatile
Common Stock Total Equity405.7 M386.4 M226 M
Slightly volatile
Common Stock176.3 M349 M208.2 M
Slightly volatile
Other Liabilities1.2 BB1.1 B
Very volatile
Accounts Payable76.7 B73 B25.8 B
Slightly volatile
Long Term Debt1.8 B1.1 B1.8 B
Slightly volatile
Good Will1.6 B1.5 B861.1 M
Slightly volatile
Short Term Investments8.8 B8.4 B5.1 B
Slightly volatile
Intangible Assets176.7 M186 M204.3 M
Pretty Stable
Property Plant Equipment454.6 M703.8 M471.2 M
Slightly volatile
Net Tangible Assets3.5 B6.3 B3.3 B
Slightly volatile
Long Term Debt Total1.7 B1.7 B2.1 B
Slightly volatile
Capital SurpluseB5.6 B2.8 B
Slightly volatile
Long Term Investments15.6 B11.1 B19.1 B
Pretty Stable
Non Current Liabilities Other3.2 B2.2 B3.8 B
Pretty Stable
Short and Long Term Debt309.7 M326 M1.2 B
Pretty Stable
Earning Assets33.5 B31.9 B14.1 B
Slightly volatile
Net Invested Capital10.3 B10 B8.8 B
Slightly volatile
Capital Stock820.2 M869 M510.1 M
Slightly volatile
Current Deferred Revenue1.8 BB2.2 B
Slightly volatile

First Horizon Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Interest Expense278.9 M212 M181.4 M
Slightly volatile
Other Operating Expenses4.1 B3.9 B1.5 B
Slightly volatile
Operating Income717 M1.4 B635.2 M
Slightly volatile
EBIT714.1 M1.3 B628.2 M
Slightly volatile
EBITDA808.4 M1.4 B656.8 M
Slightly volatile
Depreciation And Amortization76.4 M102 M29 M
Slightly volatile
Selling General Administrative699.2 M1.3 B727.1 M
Slightly volatile
Total RevenueB4.8 B2.1 B
Slightly volatile
Gross Profit1.7 B1.4 B1.7 B
Slightly volatile
Selling And Marketing Expenses74.5 M71 M30.3 M
Slightly volatile
Cost Of Revenue4.1 B3.9 B1.6 B
Slightly volatile
Preferred Stock And Other Adjustments38.6 M36.8 M15.2 M
Slightly volatile
Non Recurring14.2 M10.9 M16 M
Slightly volatile
Tax Provision174.1 M287 M110.2 M
Slightly volatile
Net Interest Income1.6 B2.6 B1.2 B
Slightly volatile
Interest IncomeB3.9 B1.5 B
Slightly volatile
Reconciled Depreciation77.5 M109 M58.3 M
Slightly volatile

First Horizon Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.3 B1.5 B1.2 B
Slightly volatile
Depreciation94.6 M102 M72.6 M
Pretty Stable
Dividends Paid385.4 M367 M159.6 M
Slightly volatile
Capital Expenditures53.7 M37 M41.1 M
Slightly volatile
End Period Cash Flow1.3 B1.7 B1.2 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.941.62492.4882
Pretty Stable
Dividend Yield0.03580.04730.0268
Slightly volatile
PTB Ratio0.820.86321.1474
Pretty Stable
Days Sales Outstanding8.89.2627.3397
Slightly volatile
Book Value Per Share8.3816.403812.1132
Slightly volatile
Invested Capital0.390.41120.6494
Slightly volatile
PB Ratio0.820.86321.1474
Pretty Stable
ROIC0.08430.08880.1153
Slightly volatile
Sales General And Administrative To Revenue0.320.2660.4033
Pretty Stable
Cash Per Share10.0219.567521.3846
Slightly volatile
Interest Coverage6.876.54723.7069
Slightly volatile
Intangibles To Total Assets0.01510.02080.0185
Slightly volatile
Current Ratio0.220.234863.0479
Slightly volatile
Tangible Book Value Per Share7.8613.849110.515
Slightly volatile
Receivables Turnover42.8340.7929.3894
Slightly volatile
Graham Number13.3224.570115.9916
Slightly volatile
Shareholders Equity Per Share8.3816.403812.1132
Slightly volatile
Debt To Equity0.390.41120.6494
Slightly volatile
Revenue Per Share8.558.71435.8342
Slightly volatile
Interest Debt Per Share11.947.13158.8822
Very volatile
Debt To Assets0.06740.04530.0631
Slightly volatile
Price Book Value Ratio0.820.86321.1474
Pretty Stable
Operating Profit Margin0.560.29040.3787
Very volatile
Company Equity Multiplier14.119.077511.045
Slightly volatile
Long Term Debt To Capitalization0.110.11330.2748
Slightly volatile
Total Debt To Capitalization0.510.29140.3929
Slightly volatile
Return On Capital Employed0.02150.02260.0177
Pretty Stable
Debt Equity Ratio0.390.41120.6494
Slightly volatile
Ebit Per Revenue0.560.29040.3787
Very volatile
Quick Ratio0.50.529619.2203
Slightly volatile
Net Income Per E B T0.680.79521.0382
Pretty Stable
Cash Ratio0.110.11556.9043
Slightly volatile
Days Of Sales Outstanding8.89.2627.3397
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.310.97041.0678
Pretty Stable
Price To Book Ratio0.820.86321.1474
Pretty Stable
Fixed Asset Turnover5.565.31594.3307
Slightly volatile
Debt Ratio0.06740.04530.0631
Slightly volatile
Price Sales Ratio1.941.62492.4882
Pretty Stable
Asset Turnover0.06770.05850.0471
Very volatile
Gross Profit Margin0.230.260.2804
Slightly volatile
Price Fair Value0.820.86321.1474
Pretty Stable

First Horizon Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.1 B2.9 B2.8 B
Slightly volatile

First Fundamental Market Drivers

Forward Price Earnings10.2354
Cash And Short Term Investments9.4 B

First Upcoming Events

16th of April 2024
Upcoming Quarterly Report
View
17th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
16th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About First Horizon Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include First Horizon income statement, its balance sheet, and the statement of cash flows. First Horizon investors use historical funamental indicators, such as First Horizon's revenue or net income, to determine how well the company is positioned to perform in the future. Although First Horizon investors may use each financial statement separately, they are all related. The changes in First Horizon's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Horizon's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Horizon Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Horizon. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred RevenueB1.8 B
Total Revenue4.8 BB
Cost Of Revenue3.9 B4.1 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.27  0.32 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 8.71  8.55 
Ebit Per Revenue 0.29  0.56 

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When determining whether First Horizon National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Horizon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Horizon National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Horizon National Stock:
Check out the analysis of First Horizon Correlation against competitors.
Note that the First Horizon National information on this page should be used as a complementary analysis to other First Horizon's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running First Horizon's price analysis, check to measure First Horizon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Horizon is operating at the current time. Most of First Horizon's value examination focuses on studying past and present price action to predict the probability of First Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Horizon's price. Additionally, you may evaluate how the addition of First Horizon to your portfolios can decrease your overall portfolio volatility.
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Is First Horizon's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Horizon. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Horizon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Dividend Share
0.6
Earnings Share
1.44
Revenue Per Share
5.326
Quarterly Revenue Growth
(0.05)
The market value of First Horizon National is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Horizon's value that differs from its market value or its book value, called intrinsic value, which is First Horizon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Horizon's market value can be influenced by many factors that don't directly affect First Horizon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Horizon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Horizon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.