What is First Horizon Corporation's earnings per share (EPS)?

First Horizon Corporation (FHN) reported diluted earnings per share of $1.87 for fiscal year 2025. This represents a 37.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

First Horizon Corporation (FHN) Financials

FHN

Trailing 12 months to June 30, 2026

Revenue $3.5B +10.3% YoY

Net Income $1.1B +25.1% YoY

EPS (Diluted) $2.08 +33.3% YoY

Free Cash Flow $1.0B +4.7% YoY

Market Cap $11.1B as of Oct 3, 2026

Price / Sales 3.1x on $3.5B revenue, trailing 12 months to June 30, 2026

Price / Earnings 10.5x on $1.1B net income, trailing 12 months to June 30, 2026

Price / Book 1.2x on $9.2B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FHN SEC filings page.

First Horizon Corporation (FHN) reported $3.5B in revenue over the twelve months to Jun 30, 2026, up 10.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FHN FY2025 2026-10-04

Profit recovered in FY2025, but cash generation weakened, leaving a highly liability-funded bank with earnings that convert unevenly.

The key quality shift is that net income rebounded to $982M in FY2025 while operating cash flow fell to $628M from $1.27B in FY2024; the profit recovery therefore did not arrive as comparable cash generation. That divergence pulled free-cash-flow margin down to 17.4% from 38.4%, indicating the earnings improvement was accompanied by a much less cash-rich year.

Debt-to-equity was 8.4x in FY2025, versus 8.0x in FY2023. Meanwhile, assets rose to $83.9B while equity stayed near $8.8B, making liabilities the dominant funding source; returns should therefore be read alongside the capital cushion rather than as standalone operating scores.

Net income rose from $775M to $982M in FY2025. Diluted shares fell from 521.8M to 483.2M in the same year, so the stronger per-share result reflects both better aggregate profit and a smaller share base, not operating improvement alone.

Financial Health Signals

Financial Health Score 45/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of First Horizon Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

First Horizon Corporation earned a return on assets of 1.2% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is up from 0.9% the prior year. Earnings ranks banks on that return over three years, and First Horizon Corporation scores 68/100 among other banks.

Growth

First Horizon Corporation reported revenue of $3.4B in fiscal year 2025, against $3.2B in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and First Horizon Corporation scores 15/100 among other banks.

Capital

First Horizon Corporation funded 10.5% of its assets with shareholders' equity at the end of fiscal year 2025, holding $8.8B of equity against $83.9B of assets. Capital ranks banks on that cushion, and First Horizon Corporation scores 36/100 among other banks.

Efficiency

Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. First Horizon Corporation scores 60/100 on it among other banks.

Credit Quality

Not available for First Horizon Corporation, and counted as zero in the overall score.

Stability

First Horizon Corporation reported net income of $982.0M in fiscal year 2025, against $775.0M in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and First Horizon Corporation scores 91/100 among other banks.

Piotroski F-Score Partial

5/6

First Horizon Corporation passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

0.64x

For every $1 of reported earnings, First Horizon Corporation generates $0.64 in operating cash flow ($628.0M OCF vs $982.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$887.0M

YoY+6.9%

QoQ+2.9%

5Y CAGR+2.6%

10Y CAGR+10.7%

First Horizon Corporation generated $887.0M in revenue in Q2 2026. This represents an increase of 6.9% from the same quarter a year earlier. Against the prior quarter it is up 2.9%.

Net Income

$270.0M

YoY+12.0%

QoQ+3.1%

5Y CAGR-2.6%

10Y CAGR+16.6%

First Horizon Corporation reported $270.0M in net income in Q2 2026. This represents an increase of 12.0% from the same quarter a year earlier. Against the prior quarter it is up 3.1%.

EPS (Diluted)

$0.54

YoY+20.0%

QoQ+1.9%

5Y CAGR+0.4%

10Y CAGR+8.4%

First Horizon Corporation earned $0.54 per diluted share (EPS) in Q2 2026. This represents an increase of 20.0% from the same quarter a year earlier. Against the prior quarter it is up 1.9%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$566.0M

YoY+664.9%

QoQ+109.6%

First Horizon Corporation generated $566.0M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 664.9% from the same quarter a year earlier. Against the prior quarter it is up 109.6%.

Cash & Debt

$1.6B

YoY+7.5%

QoQ-0.9%

5Y CAGR-3.3%

First Horizon Corporation held $1.6B in cash as of Q2 2026; long-term debt is not reported for that period.

Dividends Per Share

$0.17

YoY+13.3%

QoQ0.0%

First Horizon Corporation paid $0.17 per share in dividends in Q2 2026. This represents an increase of 13.3% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

474M

YoY-6.7%

QoQ-0.2%

5Y CAGR-2.9%

10Y CAGR+7.4%

First Horizon Corporation had 474M shares outstanding in Q2 2026. This represents a decrease of 6.7% from the same quarter a year earlier. Against the prior quarter it is down 0.2%.

Margins & Returns

Net Margin

30.4%

YoY+1.4pp

QoQ+0.1pp

5Y change-8.9pp

10Y change+12.4pp

First Horizon Corporation's net profit margin was 30.4% in Q2 2026, showing the share of revenue converted to profit. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Return on Equity

2.9%

YoY+0.3pp

QoQ+0.1pp

5Y change-0.8pp

10Y change+0.5pp

First Horizon Corporation's ROE was 2.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$121.0M

YoY+332.1%

QoQ-48.5%

5Y CAGR+13.6%

10Y CAGR+24.1%

First Horizon Corporation spent $121.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 332.1% from the same quarter a year earlier. Against the prior quarter it is down 48.5%.

Capital Expenditures

$19.0M

YoY+111.1%

QoQ+137.5%

First Horizon Corporation invested $19.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 111.1% from the same quarter a year earlier. Against the prior quarter it is up 137.5%.

R&D Spending

Not reported for Q2 2026.

FHN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FHN quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$3.5B	$3.4B+7.2%	$3.2B-8.0%	$3.5B+8.1%	$3.2B+4.5%	$3.1B-2.7%	$3.2B+69.2%	$1.9B-4.1%	$1.9B+45.8%	$1.3B+4.0%	$1.3B+9.4%	$1.2B-0.6%	$1.2B-3.6%	$1.2B-10.2%	$1.4B-8.5%	$1.5B
SG&A Expenses	$1.2B	$1.2B+1.9%	$1.1B+3.4%	$1.1B-0.1%	$1.1B-9.0%	$1.2B+17.1%	$1.0B+48.6%	$695.0M+5.6%	$658.0M+12.0%	$587.5M+4.2%	$563.8M+10.2%	$511.6M+7.0%	$478.2M-9.6%	$529.0M-17.4%	$640.9M+5.0%	$610.2M
Interest Expense	$1.5B	$1.6B-15.0%	$1.8B+18.0%	$1.6B+436.1%	$291.0M+77.4%	$164.0M-30.5%	$236.0M-43.0%	$414.0M+27.0%	$326.0M+120.8%	$147.6M+66.2%	$88.8M+7.4%	$82.7M+1.4%	$81.5M-13.9%	$94.7M-14.2%	$110.3M-16.2%	$131.6M
Income Tax	$297.0M	$282.0M+33.6%	$211.0M-0.5%	$212.0M-14.2%	$247.0M-9.9%	$274.0M+260.5%	$76.0M-43.3%	$134.0M-14.6%	$157.0M+19.0%	$131.9M+23.5%	$106.8M+876.2%	$10.9M-87.0%	$84.2M+534.2%	-$19.4M+73.1%	-$72.0M-554.8%	$15.8M
Net Income	$1.1B	$982.0M+26.7%	$775.0M-13.6%	$897.0M-0.3%	$900.0M-9.9%	$999.0M+18.2%	$845.0M+91.6%	$441.0M-19.1%	$545.0M+229.3%	$165.5M-27.1%	$227.0M+164.4%	$85.9M-61.4%	$222.5M+727.1%	$26.9M+200.3%	-$26.8M-120.4%	$131.2M
EPS (Basic)	N/A	$1.89+38.0%	$1.37-13.3%	$1.58-2.5%	$1.62-8.0%	$1.76-7.4%	$1.90+36.7%	$1.39-16.3%	$1.66+151.5%	$0.66-30.5%	$0.95+179.4%	$0.34-63.0%	$0.92+922.2%	$0.09+181.8%	-$0.11-122.0%	$0.50
EPS (Diluted)	$2.08	$1.87+37.5%	$1.36-11.7%	$1.54+0.7%	$1.53-12.1%	$1.74-7.9%	$1.89+37.0%	$1.38-16.4%	$1.65+153.8%	$0.65-30.9%	$0.94+176.5%	$0.34-62.6%	$0.91+911.1%	$0.09+181.8%	-$0.11-122.0%	$0.50
Diluted Shares (Avg)	N/A	511M-6.1%	544M-3.1%	562M-0.8%	566M+2.7%	551M+27.1%	434M+37.4%	316M-3.6%	327M+34.0%	244M+3.9%	235M-0.4%	236M-0.2%	237M-1.3%	240M-3.4%	248M-5.5%	263M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$887.0M+6.9%	$862.0M+6.2%	$888.0M+21.8%	$889.0M+7.5%	$830.0M+1.8%	$812.0M-0.9%	$729.0M-8.9%	$827.0M+6.3%
SG&A Expenses	$304.0M+7.8%	$289.0M+3.6%	$302.0M+9.8%	$296.0M+5.0%	$282.0M+1.1%	$279.0M-7.3%	$275.0M-1.1%	$282.0M+6.0%
Interest Expense	$354.0M-12.2%	$337.0M-12.0%	$375.0M-14.2%	$403.0M-18.1%	$403.0M-13.1%	$383.0M-14.5%	$437.0M-6.6%	$492.0M+3.6%
Income Tax	$66.0M+3.1%	$76.0M+20.6%	$77.0M+92.5%	$78.0M+34.5%	$64.0M+14.3%	$63.0M+10.5%	$40.0M+433.3%	$58.0M+11.5%
Net Income	$270.0M+12.0%	$262.0M+20.2%	$261.0M+57.2%	$262.0M+20.2%	$241.0M+21.1%	$218.0M+13.5%	$166.0M-9.8%	$218.0M+59.1%
EPS (Basic)	$0.55+19.6%	$0.54+31.7%	$0.52+73.3%	$0.50+25.0%	$0.46+35.3%	$0.41+24.2%	$0.30-6.3%	$0.40+73.9%
EPS (Diluted)	$0.54+20.0%	$0.53+29.3%	$0.51+70.0%	$0.50+25.0%	$0.45+32.4%	$0.41+24.2%	$0.30-3.2%	$0.40+73.9%
Diluted Shares (Avg)	480M-6.5%	487M-7.0%	N/A	510M-5.1%	514M-6.1%	523M-6.2%	N/A	538M-4.2%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

FHN Balance Sheet

FHN quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$83.9B+2.1%	$82.2B+0.6%	$81.7B+3.4%	$79.0B-11.4%	$89.1B+5.8%	$84.2B+94.4%	$43.3B+6.1%	$40.8B-1.4%	$41.4B+45.1%	$28.6B+9.0%	$26.2B+2.0%	$25.7B+7.9%	$23.8B-6.1%	$25.3B+2.2%	$24.8B
Cash & Equivalents	$1.6B+3.8%	$1.5B-11.2%	$1.7B+12.2%	$1.5B-13.7%	$1.8B+8.5%	$1.6B+30.1%	$1.3B-9.8%	$1.4B-3.2%	$1.5B+39.9%	$1.0B	N/A	N/A	N/A	N/A	$828.3M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	N/A	N/A	N/A	N/A	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	N/A	N/A	N/A	N/A	$0
Goodwill	$1.5B0.0%	$1.5B0.0%	$1.5B-0.1%	$1.5B0.0%	$1.5B0.0%	$1.5B+5.4%	$1.4B0.0%	$1.4B+3.3%	$1.4B+624.8%	$191.4M0.0%	$191.3M+31.1%	$145.9M+2.8%	$141.9M+5.7%	$134.2M+0.4%	$133.7M
Total Liabilities	$74.7B+2.3%	$73.0B+0.9%	$72.4B+2.8%	$70.4B-12.6%	$80.6B+6.2%	$75.9B+98.5%	$38.2B+6.1%	$36.0B-2.2%	$36.8B+42.5%	$25.9B+9.8%	$23.6B+2.0%	$23.1B+8.4%	$21.3B-6.7%	$22.8B+3.3%	$22.1B
Total Equity	$8.8B+0.4%	$8.8B-2.0%	$9.0B+9.0%	$8.3B+0.6%	$8.2B+2.3%	$8.0B+67.6%	$4.8B+6.5%	$4.5B+4.8%	$4.3B+77.8%	$2.4B+2.8%	$2.3B+2.5%	$2.3B+4.3%	$2.2B-1.0%	$2.2B-7.3%	$2.4B
Retained Earnings	$5.0B+14.8%	$4.4B+10.5%	$4.0B+15.6%	$3.4B+18.6%	$2.9B+27.9%	$2.3B+25.8%	$1.8B+16.6%	$1.5B+32.9%	$1.2B+12.8%	$1.0B+17.7%	$874.3M+2.7%	$851.6M+24.7%	$682.8M-5.1%	$719.7M-5.0%	$757.4M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$84.4B+2.9%	$84.1B+3.2%	$83.9B+2.1%	$83.2B+0.7%	$82.1B-0.2%	$81.5B-0.4%	$82.2B+0.6%	$82.6B+0.1%
Cash & Equivalents	$1.6B+7.5%	$1.6B0.0%	$1.6B+3.8%	$1.7B-17.2%	$1.5B+4.1%	$1.6B+4.9%	$1.5B-11.2%	$2.0B+41.6%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.5B0.0%	$1.5B0.0%	$1.5B0.0%	$1.5B0.0%	$1.5B0.0%	$1.5B0.0%	$1.5B0.0%	$1.5B-0.1%
Total Liabilities	$75.0B+2.9%	$74.7B+3.1%	$74.7B+2.3%	$73.9B+0.9%	$72.8B-0.6%	$72.4B-0.2%	$73.0B+0.9%	$73.3B-0.6%
Total Equity	$9.2B+2.3%	$9.2B+4.8%	$8.8B+0.4%	$8.9B-0.8%	$9.0B+3.5%	$8.7B-1.5%	$8.8B-2.0%	$9.0B+6.2%
Retained Earnings	$5.4B+15.2%	$5.2B+15.2%	$5.0B+14.8%	$4.8B+12.6%	$4.7B+12.0%	$4.5B+10.9%	$4.4B+10.5%	$4.3B+11.1%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

FHN Cash Flow Statement

FHN quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$1.1B	$628.0M-50.5%	$1.3B-2.4%	$1.3B-43.3%	$2.3B+216.0%	$725.0M+321.5%	$172.0M-79.3%	$830.0M+254.7%	$234.0M+912.6%	-$28.8M-116.0%	$180.0M-51.0%	$367.4M-47.9%	$704.7M+63.4%	$431.4M+16.1%	$371.6M+745.0%	$44.0M
Depreciation & Amortization	N/A	$64.0M-36.6%	$101.0M-1.0%	$102.0M+20.0%	$85.0M+88.9%	$45.0M-2.2%	$46.0M-29.2%	$65.0M+10.2%	$59.0M-16.8%	$70.9M+9.7%	$64.7M+6.5%	$60.7M+6.8%	$56.9M-20.6%	$71.6M-39.3%	$118.0M+32.1%	$89.3M
Stock-Based Compensation	N/A	$61.0M+3.4%	$59.0M+63.9%	$36.0M-52.0%	$75.0M+74.4%	$43.0M+34.4%	$32.0M+45.5%	$22.0M-4.3%	$23.0M+11.5%	$20.6M+17.6%	$17.5M+27.1%	$13.8M+21.5%	$11.4M-29.7%	$16.1M-0.4%	$16.2M+14.3%	$14.2M
Capital Expenditures	$42.0M	$33.0M-25.0%	$44.0M+18.9%	$37.0M+32.1%	$28.0M-24.3%	$37.0M-90.2%	$379.0M+673.5%	$49.0M+28.9%	$38.0M-86.8%	$287.6M+359.8%	$62.6M+43.8%	$43.5M+11.9%	$38.9M-6.2%	$41.5M+89.7%	$21.9M-38.3%	$35.4M
Free Cash Flow	$1.0B	$595.0M-51.4%	$1.2B-3.0%	$1.3B-44.2%	$2.3B+228.9%	$688.0M+432.4%	-$207.0M-126.5%	$781.0M+298.5%	$196.0M+161.9%	-$316.4M-369.5%	$117.4M-63.7%	$323.9M-51.4%	$665.8M+70.8%	$389.9M+11.5%	$349.7M+3982.8%	$8.6M
Investing Cash Flow	-$2.0B	-$1.1B-3.4%	-$1.1B+59.4%	-$2.6B-131.3%	$8.3B+281.1%	-$4.6B+7.4%	-$5.0B-107.8%	-$2.4B-597.9%	$480.0M+136.2%	-$1.3B+46.3%	-$2.5B-375.7%	-$518.4M+65.1%	-$1.5B-294.7%	$763.0M+283.8%	-$415.2M-348.6%	$167.0M
Financing Cash Flow	$1.0B	$524.0M+229.7%	-$404.0M-127.0%	$1.5B+113.7%	-$10.9B-370.6%	$4.0B-22.4%	$5.2B+264.0%	$1.4B+286.9%	-$761.0M-143.1%	$1.8B-22.9%	$2.3B+1971.6%	$110.7M-89.2%	$1.0B+169.5%	-$1.5B-557.9%	$321.6M+312.3%	-$151.5M
Dividends Paid	$312.0M	$314.0M-5.4%	$332.0M-0.9%	$335.0M+3.4%	$324.0M-2.7%	$333.0M+50.0%	$222.0M+29.8%	$171.0M+23.0%	$139.0M+74.0%	$79.9M+25.8%	$63.5M+17.7%	$53.9M+13.9%	$47.4M+23.9%	$38.2M+279.8%	$10.1M+26.7%	$7.9M
Share Buybacks	$881.0M	$918.0M+46.6%	$626.0M+6160.0%	$10.0M-16.7%	$12.0M-97.1%	$416.0M+10300.0%	$4.0M-97.0%	$134.0M+27.6%	$105.0M+1790.5%	$5.6M-94.3%	$97.4M+198.3%	$32.6M-25.1%	$43.6M-52.4%	$91.5M-31.6%	$133.8M+196.5%	$45.1M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$585.0M+604.8%	$278.0M-20.3%	$396.0M+107.3%	-$200.0M-151.4%	$83.0M+155.3%	$349.0M-58.4%	$191.0M-47.7%	$389.0M-44.3%
Depreciation & Amortization	$20.0M0.0%	$22.0M+4.8%	$17.0M-10.5%	$6.0M-80.6%	$20.0M0.0%	$21.0M-19.2%	$19.0M	$31.0M
Stock-Based Compensation	N/A	$13.0M-27.8%	N/A	N/A	N/A	$18.0M0.0%	N/A	N/A
Capital Expenditures	$19.0M+111.1%	$8.0M-11.1%	$7.0M-58.8%	$8.0M+33.3%	$9.0M-18.2%	$9.0M-10.0%	$17.0M+21.4%	$6.0M
Free Cash Flow	$566.0M+664.9%	$270.0M-20.6%	$389.0M+123.6%	-$208.0M-154.3%	$74.0M+146.0%	$340.0M-58.9%	$174.0M-50.4%	$383.0M
Investing Cash Flow	-$753.0M+3.0%	-$224.0M-132.3%	-$995.0M-288.7%	-$16.0M-103.3%	-$776.0M-90.2%	$693.0M+179.1%	-$256.0M-120.8%	$482.0M-78.8%
Financing Cash Flow	$153.0M-72.9%	-$6.0M+99.4%	$508.0M+217.1%	$387.0M+233.0%	$565.0M+26.1%	-$936.0M-637.0%	-$434.0M+66.6%	-$291.0M+90.1%
Dividends Paid	$87.0M+6.1%	$73.0M-8.8%	$76.0M-5.0%	$76.0M-6.2%	$82.0M-4.7%	$80.0M-5.9%	$80.0M-4.8%	$81.0M-3.6%
Share Buybacks	$121.0M+332.1%	$235.0M-35.6%	$335.0M+104.3%	$190.0M+153.3%	$28.0M-87.7%	$365.0M+129.6%	$164.0M	$75.0M

FHN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

FHN quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	28.7%+4.4pp	24.3%-1.6pp	25.9%-2.2pp	28.1%-4.5pp	32.5%+5.8pp	26.8%+3.1pp	23.7%-4.4pp	28.1%+15.6pp	12.4%-5.3pp	17.7%+10.4pp	7.3%-11.6pp	18.9%+16.7pp	2.2%+4.2pp	-2.0%-10.8pp	8.8%
Return on Equity	11.1%+2.3pp	8.8%-1.2pp	10.0%-0.9pp	10.9%-1.3pp	12.2%+1.6pp	10.5%+1.3pp	9.2%-2.9pp	12.1%+8.3pp	3.9%-5.6pp	9.4%+5.8pp	3.7%-6.1pp	9.7%+8.5pp	1.2%+2.4pp	-1.2%-6.7pp	5.5%
Return on Assets	1.2%+0.2pp	0.9%-0.2pp	1.1%0.0pp	1.1%0.0pp	1.1%+0.1pp	1.0%0.0pp	1.0%-0.3pp	1.3%+0.9pp	0.4%-0.4pp	0.8%+0.5pp	0.3%-0.5pp	0.9%+0.8pp	0.1%+0.2pp	-0.1%-0.6pp	0.5%
Debt-to-Equity	8.45+0.2x	8.29+0.2x	8.04-0.5x	8.53-1.3x	9.83+0.4x	9.47+1.5x	8.000.0x	8.03-0.6x	8.60-2.1x	10.73+0.7x	10.05-0.1x	10.10+0.4x	9.71-0.6x	10.31+1.1x	9.25
Asset Turnover	0.040.0x	0.040.0x	0.040.0x	0.040.0x	0.030.0x	0.040.0x	0.040.0x	0.050.0x	0.030.0x	0.040.0x	0.040.0x	0.050.0x	0.050.0x	0.050.0x	0.06
FCF Margin	17.4%-21.0pp	38.4%+2.0pp	36.4%-34.2pp	70.6%+48.2pp	22.4%+29.0pp	-6.6%-48.5pp	41.9%+31.8pp	10.1%+33.8pp	-23.8%-32.9pp	9.2%-18.5pp	27.7%-28.9pp	56.5%+24.6pp	31.9%+6.2pp	25.7%+25.1pp	0.6%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	30.4%+1.4pp	30.4%+3.5pp	29.4%+6.6pp	29.5%+3.1pp	29.0%+4.6pp	26.9%+3.4pp	22.8%-0.2pp	26.4%+8.8pp
Return on Equity	2.9%+0.3pp	2.9%+0.4pp	2.9%+1.1pp	2.9%+0.5pp	2.7%+0.4pp	2.5%+0.3pp	1.9%-0.2pp	2.4%+0.8pp
Return on Assets	0.3%0.0pp	0.3%0.0pp	0.3%+0.1pp	0.3%+0.1pp	0.3%+0.1pp	0.3%0.0pp	0.2%0.0pp	0.3%+0.1pp
Debt-to-Equity	8.18+0.1x	8.14-0.1x	8.45+0.2x	8.26+0.1x	8.13-0.3x	8.28+0.1x	8.29+0.2x	8.13-0.5x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x
FCF Margin	63.8%+54.9pp	31.3%-10.6pp	43.8%+19.9pp	-23.4%-69.7pp	8.9%+28.7pp	41.9%	23.9%-20.0pp	46.3%

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
First Horizon Corporation FHN	FY2025	$3.4B	$982.0M	28.7%	$11.1B	45/100
SouthState Bank Corporation SSB	FY2025	$2.7B	$798.7M	29.8%	$9.9B	59/100
Webster Financial Corporation Waterbury WBS	FY2025	$2.9B	$1.0B	34.6%	$12.6B	53/100
Woori Financial Group Inc. WF	FY2025	N/A	$2.2B	N/A	$18.5B	—
East-West Bancorp Inc EWBC	FY2025	$2.9B	$1.3B	45.2%	$17.3B	65/100

Where First Horizon Corporation Ranks

Frequently Asked Questions

What is First Horizon Corporation's annual revenue?

First Horizon Corporation (FHN) reported $3.4B in total revenue for fiscal year 2025. This represents a 7.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is First Horizon Corporation's revenue growing?

First Horizon Corporation (FHN) revenue grew by 7.2% year-over-year, from $3.2B to $3.4B in fiscal year 2025.

Is First Horizon Corporation profitable?

Yes, First Horizon Corporation (FHN) reported a net income of $982.0M in fiscal year 2025, with a net profit margin of 28.7%.

What is First Horizon Corporation's net profit margin?

First Horizon Corporation (FHN) had a net profit margin of 28.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does First Horizon Corporation pay dividends?

Yes, First Horizon Corporation (FHN) paid $0.60 per share in dividends during fiscal year 2025.

What is First Horizon Corporation's return on equity (ROE)?

First Horizon Corporation (FHN) has a return on equity of 11.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is First Horizon Corporation's free cash flow?

First Horizon Corporation (FHN) generated $595.0M in free cash flow during fiscal year 2025. This represents a -51.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is First Horizon Corporation's operating cash flow?

First Horizon Corporation (FHN) generated $628.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are First Horizon Corporation's total assets?

First Horizon Corporation (FHN) had $83.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are First Horizon Corporation's capital expenditures?

First Horizon Corporation (FHN) invested $33.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does First Horizon Corporation buy back shares?

Yes, First Horizon Corporation (FHN) spent $918.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does First Horizon Corporation have outstanding?

First Horizon Corporation (FHN) had 483M shares outstanding as of fiscal year 2025.

What is First Horizon Corporation's debt-to-equity ratio?

First Horizon Corporation (FHN) had a debt-to-equity ratio of 8.45 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is First Horizon Corporation's return on assets (ROA)?

First Horizon Corporation (FHN) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is First Horizon Corporation's P/E ratio?

First Horizon Corporation (FHN) trades at 10.5x earnings, its market capitalization divided by net income of $1.1B net income, trailing 12 months to June 30, 2026. The market capitalization is $11.1B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is First Horizon Corporation's price-to-sales ratio?

First Horizon Corporation (FHN) trades at 3.1x sales, its market capitalization divided by revenue of $3.5B revenue, trailing 12 months to June 30, 2026. The market capitalization is $11.1B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is First Horizon Corporation's Piotroski F-Score?

First Horizon Corporation (FHN) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are First Horizon Corporation's earnings high quality?

First Horizon Corporation (FHN) has an earnings quality ratio of 0.64x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is First Horizon Corporation?

First Horizon Corporation (FHN) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.