First Historical Income Statement

FHN Stock

USD 15.80 0.13 0.83%

Historical analysis of First Horizon income statement accounts such as Operating Income of 717 M or Ebit of 714.1 M can show how well First Horizon National performed in making a profits. Evaluating First Horizon income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of First Horizon's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining First Horizon National latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether First Horizon National is a good buy for the upcoming year.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

About First Income Statement Analysis

First Horizon National Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to First Horizon shareholders. The income statement also shows First investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

First Horizon Income Statement Chart

First Horizon National Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Horizon National revenue and expense. First Horizon Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, First Horizon's Total Revenue is very stable compared to the past year. As of the 3rd of May 2024, Gross Profit is likely to grow to about 1.7 B, while Operating Income is likely to drop about 717 M.

Other Operating Expenses Operating Income Ebitda Selling General Administrative

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of First Horizon National. It is also known as First Horizon overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from First Horizon National operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of First Horizon National is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from First Horizon's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into First Horizon National current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Horizon National. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

	2021	2022	2023	2024 (projected)
Other Operating Expenses	1.8B	1.8B	3.9B	4.1B
Interest Expense	176M	304M	212M	278.9M

Other Operating Expenses Interest Expense

First Horizon income statement Correlations

	Interest Expense	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Total Revenue	Gross Profit	Total Other Income Expense Net	Selling And Marketing Expenses	Cost Of Revenue	Extraordinary Items	Minority Interest	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation
Interest Expense		0.42	0.63	0.64	0.64	-0.1	0.65	0.64	0.62	0.47	0.5	0.55	0.58	0.25	0.52	0.66	-0.32	-0.35	0.38	0.62	-0.75	0.59	0.58	0.57	0.59
Other Operating Expenses	0.42		0.56	0.54	0.58	0.42	0.72	0.75	0.56	0.86	0.59	0.96	0.35	0.92	0.89	0.78	-0.21	-0.82	0.38	0.77	-0.51	0.61	0.74	0.77	0.77
Operating Income	0.63	0.56		1.0	1.0	-0.07	0.92	0.91	0.88	0.76	0.8	0.75	0.75	0.34	0.65	0.71	-0.29	-0.71	0.38	0.88	-0.79	0.91	0.93	0.88	0.64
Ebit	0.64	0.54	1.0		1.0	-0.1	0.92	0.91	0.89	0.74	0.8	0.74	0.77	0.31	0.63	0.71	-0.3	-0.7	0.38	0.88	-0.79	0.9	0.91	0.86	0.62
Ebitda	0.64	0.58	1.0	1.0		-0.07	0.94	0.92	0.89	0.77	0.8	0.76	0.76	0.35	0.66	0.73	-0.29	-0.72	0.38	0.9	-0.8	0.91	0.93	0.88	0.64
Total Operating Expenses	-0.1	0.42	-0.07	-0.1	-0.07		0.05	0.02	0.1	0.42	-0.19	0.3	-0.61	0.68	0.53	0.09	0.42	-0.38	-0.26	0.07	0.06	0.13	0.07	0.21	0.29
Income Before Tax	0.65	0.72	0.92	0.92	0.94	0.05		0.99	0.92	0.86	0.76	0.88	0.74	0.54	0.77	0.87	-0.2	-0.81	0.33	0.98	-0.78	0.89	0.92	0.86	0.69
Net Income	0.64	0.75	0.91	0.91	0.92	0.02	0.99		0.87	0.86	0.77	0.89	0.76	0.55	0.76	0.89	-0.2	-0.8	0.32	0.99	-0.77	0.85	0.92	0.86	0.72
Income Tax Expense	0.62	0.56	0.88	0.89	0.89	0.1	0.92	0.87		0.72	0.68	0.73	0.61	0.44	0.73	0.7	-0.28	-0.75	0.39	0.85	-0.76	0.93	0.8	0.76	0.49
Depreciation And Amortization	0.47	0.86	0.76	0.74	0.77	0.42	0.86	0.86	0.72		0.66	0.92	0.4	0.78	0.9	0.87	0.08	-0.9	0.08	0.88	-0.66	0.81	0.91	0.93	0.8
Selling General Administrative	0.5	0.59	0.8	0.8	0.8	-0.19	0.76	0.77	0.68	0.66		0.69	0.7	0.4	0.56	0.68	-0.45	-0.62	0.53	0.79	-0.73	0.79	0.84	0.81	0.62
Total Revenue	0.55	0.96	0.75	0.74	0.76	0.3	0.88	0.89	0.73	0.92	0.69		0.53	0.83	0.91	0.86	-0.22	-0.88	0.39	0.9	-0.65	0.76	0.86	0.87	0.79
Gross Profit	0.58	0.35	0.75	0.77	0.76	-0.61	0.74	0.76	0.61	0.4	0.7	0.53		0.01	0.29	0.63	-0.46	-0.4	0.46	0.72	-0.63	0.58	0.67	0.53	0.36
Total Other Income Expense Net	0.25	0.92	0.34	0.31	0.35	0.68	0.54	0.55	0.44	0.78	0.4	0.83	0.01		0.85	0.63	-0.06	-0.72	0.25	0.59	-0.34	0.47	0.54	0.63	0.69
Selling And Marketing Expenses	0.52	0.89	0.65	0.63	0.66	0.53	0.77	0.76	0.73	0.9	0.56	0.91	0.29	0.85		0.78	-0.1	-0.92	0.28	0.77	-0.55	0.77	0.79	0.83	0.64
Cost Of Revenue	0.66	0.78	0.71	0.71	0.73	0.09	0.87	0.89	0.7	0.87	0.68	0.86	0.63	0.63	0.78		-0.03	-0.77	0.16	0.9	-0.7	0.73	0.87	0.84	0.73
Extraordinary Items	-0.32	-0.21	-0.29	-0.3	-0.29	0.42	-0.2	-0.2	-0.28	0.08	-0.45	-0.22	-0.46	-0.06	-0.1	-0.03		0.04	-0.98	-0.16	0.26	-0.2	-0.15	-0.13	-0.09
Minority Interest	-0.35	-0.82	-0.71	-0.7	-0.72	-0.38	-0.81	-0.8	-0.75	-0.9	-0.62	-0.88	-0.4	-0.72	-0.92	-0.77	0.04		-0.19	-0.8	0.51	-0.81	-0.85	-0.83	-0.51
Discontinued Operations	0.38	0.38	0.38	0.38	0.38	-0.26	0.33	0.32	0.39	0.08	0.53	0.39	0.46	0.25	0.28	0.16	-0.98	-0.19		0.29	-0.35	0.31	0.26	0.25	0.23
Net Income From Continuing Ops	0.62	0.77	0.88	0.88	0.9	0.07	0.98	0.99	0.85	0.88	0.79	0.9	0.72	0.59	0.77	0.9	-0.16	-0.8	0.29		-0.77	0.84	0.92	0.87	0.76
Non Recurring	-0.75	-0.51	-0.79	-0.79	-0.8	0.06	-0.78	-0.77	-0.76	-0.66	-0.73	-0.65	-0.63	-0.34	-0.55	-0.7	0.26	0.51	-0.35	-0.77		-0.78	-0.77	-0.75	-0.68
Tax Provision	0.59	0.61	0.91	0.9	0.91	0.13	0.89	0.85	0.93	0.81	0.79	0.76	0.58	0.47	0.77	0.73	-0.2	-0.81	0.31	0.84	-0.78		0.9	0.88	0.57
Net Interest Income	0.58	0.74	0.93	0.91	0.93	0.07	0.92	0.92	0.8	0.91	0.84	0.86	0.67	0.54	0.79	0.87	-0.15	-0.85	0.26	0.92	-0.77	0.9		0.98	0.72
Interest Income	0.57	0.77	0.88	0.86	0.88	0.21	0.86	0.86	0.76	0.93	0.81	0.87	0.53	0.63	0.83	0.84	-0.13	-0.83	0.25	0.87	-0.75	0.88	0.98		0.8
Reconciled Depreciation	0.59	0.77	0.64	0.62	0.64	0.29	0.69	0.72	0.49	0.8	0.62	0.79	0.36	0.69	0.64	0.73	-0.09	-0.51	0.23	0.76	-0.68	0.57	0.72	0.8

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First Horizon Account Relationship Matchups

First Horizon income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	414.2M	236M	176M	304M	212M	278.9M
Other Operating Expenses	1.2B	2.2B	1.8B	1.8B	3.9B	4.1B
Operating Income	574.2M	921M	1.3B	1.5B	1.4B	717.0M
Ebit	574.2M	921M	1.3B	1.5B	1.3B	714.1M
Ebitda	599.0M	961M	1.3B	1.5B	1.4B	808.4M
Total Operating Expenses	(1.2B)	(2.2B)	(1.8B)	(1.8B)	799M	839.0M
Income Before Tax	585.7M	933M	1.3B	1.2B	1.1B	1.2B
Net Income	440.9M	845M	999M	900M	897M	941.9M
Income Tax Expense	133.3M	76M	274M	247M	212M	222.6M
Depreciation And Amortization	24.8M	40M	56M	51M	102M	76.4M
Selling General Administrative	771.6M	1.0B	1.2B	1.1B	1.3B	699.2M
Total Revenue	1.8B	3.2B	3.1B	3.2B	4.8B	5.0B
Gross Profit	1.8B	3.2B	3.1B	3.2B	1.4B	1.7B
Total Other Income Expense Net	(361.5M)	11.5M	12M	(292M)	1.1B	1.2B
Selling And Marketing Expenses	34.4M	18M	37M	50M	71M	74.6M
Net Income Applicable To Common Shares	434.7M	822M	962M	868M	998.2M	1.0B
Net Income From Continuing Ops	452.4M	933M	1.0B	912M	997M	1.0B
Tax Provision	133.3M	76M	274M	247M	287M	174.1M
Net Interest Income	1.2B	1.7B	2.0B	2.4B	2.6B	1.6B
Interest Income	1.6B	1.9B	2.2B	2.7B	3.9B	2.0B
Reconciled Depreciation	68.6M	92M	56M	51M	109M	77.5M

First Horizon Investors Sentiment

The influence of First Horizon's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in First. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to First Horizon's public news can be used to forecast risks associated with an investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Horizon National. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

First Horizon's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for First Horizon's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average First Horizon's news discussions. The higher the estimated score, the more favorable is the investor's outlook on First Horizon.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Horizon in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Horizon's short interest history, or implied volatility extrapolated from First Horizon options trading.

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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:

How To Invest In First

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Is First Stock a good investment?

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What is First Horizon's Net Worth?

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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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for First Stock analysis

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.

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First Historical Income Statement

About First Income Statement Analysis

First Horizon Income Statement Chart

Other Operating Expenses

Operating Income

First Horizon income statement Correlations

First Horizon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

First Horizon income statement Accounts

First Horizon Investors Sentiment

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Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Net Income	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Net Income
Net Income From Continuing Ops	+ 0.98	Income Before Tax

Discontinued Operations	- 0.98	Extraordinary Items
Minority Interest	- 0.92	Selling And Marketing Expenses
Minority Interest	- 0.9	Depreciation And Amortization
Minority Interest	- 0.88	Total Revenue
Net Interest Income	- 0.85	Minority Interest
Interest Income	- 0.83	Minority Interest