First Horizon
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. First Horizon's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $2,982,000,000. Profit margin reached 30%. Total operating expenses were $1,580,000,000.
Profit Margin
| 2014 | 1.14B | 219.52M | 19.14% |
|---|---|---|---|
| 2015 | 1.12B | 85.87M | 7.63% |
| 2016 | 1.23B | 227.04M | 18.31% |
| 2017 | 1.30B | 165.51M | 12.7% |
| 2018 | 1.88B | 545.04M | 28.89% |
| 2019 | 1.81B | 440.90M | 24.25% |
| 2020 | 3.15B | 845M | 26.79% |
| 2021 | 3.07B | 999M | 32.53% |
| 2022 | 3.20B | 900M | 28.05% |
| 2023 | 2.98B | 897M | 30.08% |
FHN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.98B | 3.20B | 3.07B | 3.15B | 1.81B | 1.88B | 1.30B | 1.23B | 1.12B | 1.14B |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 2.98B | 3.20B | 3.07B | 3.15B | 1.81B | 1.88B | 1.30B | 1.23B | 1.12B | 1.14B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 71M | 50M | 37M | 18M | 34.35M | 24.75M | 19.21M | 21.61M | 19.18M | 18.68M |
Total operating expenses | 1.58B | -1.75B | -1.79B | -2.23B | -1.24B | -811.26M | -823.31M | -784.60M | -910.70M | -731.41M |
Operating income | 886M | 1.45B | 1.27B | 921M | 574.19M | 1.07B | 479.72M | 455.06M | 215.28M | 415.27M |
Other income (expenses), net | 242M | -292M | 12M | -25M | 11.46M | -361.47M | -170.85M | -109.74M | -179.21M | -135.85M |
Income before tax | 1.12B | 1.15B | 1.28B | 933M | 585.66M | 714.10M | 308.87M | 345.32M | 108.25M | 309.55M |
Income tax expense | 212M | 247M | 274M | 76M | 133.29M | 157.60M | 131.89M | 106.81M | 10.94M | 78.50M |
Net income | 897M | 900M | 999M | 845M | 440.90M | 545.04M | 165.51M | 227.04M | 85.87M | 219.52M |
Earnings per share | ||||||||||
Basic EPS | 1.49 | 1.62 | 1.76 | 1.9 | 1.39 | 1.68 | 0.66 | 0.95 | 0.34 | 0.91 |
Diluted EPS | 1.54 | 1.53 | 1.75 | 1.89 | 1.38 | 1.66 | 0.65 | 0.94 | 0.34 | 0.9 |
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