First Horizon Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.42B | $3.19B | $3.47B | $3.21B | $3.07B | $3.15B | $1.82B | $1.94B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $1.28B | $1.01B | $2.69B | $1.45B | $1.45B | $1.17B | $1.00B | $1.04B |
| Operating Margin | 37.4% | 31.5% | 77.5% | 45.2% | 47.2% | 37.1% | 55.0% | 53.7% |
| Interest Expense | — | — | $1.56B | $291.0M | $164.0M | $236.0M | $414.0M | $326.0M |
| Pretax Income | $1.28B | $1.01B | $1.13B | $1.16B | $1.28B | $933.0M | $586.0M | $714.1M |
| Income Tax Expense | $282.0M | $211.0M | $212.0M | $247.0M | $274.0M | $76.0M | $134.0M | $157.0M |
| Net Income | $982.0M | $775.0M | $897.0M | $900.0M | $999.0M | $845.0M | $441.0M | $545.0M |
| Net Margin | 28.7% | 24.3% | 25.9% | 28.1% | 32.5% | 26.8% | 24.3% | 28.1% |
| EPS (Basic) | $1.89 | $1.37 | $1.58 | $1.62 | $1.76 | $1.90 | $1.39 | $1.66 |
| EPS (Diluted) | $1.87 | $1.36 | $1.54 | $1.53 | $1.74 | $1.89 | $1.38 | $1.65 |
| Shares Outstanding (Basic) | 505.1M | 540.3M | 548.4M | 535.0M | 546.4M | 432.1M | 313.6M | 324.4M |
| Shares Outstanding (Diluted) | 511.1M | 544.3M | 561.7M | 566.0M | 551.2M | 433.7M | 315.7M | 327.4M |
| Dividends Per Share | $0.60 | $0.60 | $0.60 | $0.60 | $0.60 | $0.60 | $0.56 | $0.48 |