First Horizon Corporation

FHN · NYSE
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12/31/2025
12/31/2024
12/31/2023
12/31/2022
Revenue$4,538$4,937$4,715$3,411
% Growth-8.1%4.7%38.2%
Cost of Goods Sold$1,254$1,991$1,820$386
Gross Profit$3,284$2,946$2,895$3,025
% Margin72.4%59.7%61.4%88.7%
R&D Expenses$0$0$0$0
G&A Expenses$1,401$1,252$1,271$1,187
SG&A Expenses$1,437$1,300$1,342$1,237
Sales & Mktg Exp.$36$48$71$50
Other Operating Expenses$566$641$425$629
Operating Expenses$2,003$1,941$1,767$1,866
Operating Income$1,281$1,005$1,128$1,159
% Margin28.2%20.4%23.9%34%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$1,281$1,005$1,128$1,159
Tax Expense$283$211$212$247
Net Income$982$775$897$900
% Margin21.6%15.7%19%26.4%
EPS1.891.371.581.62
% Growth38%-13.3%-2.5%
EPS Diluted1.881.361.541.53
Weighted Avg Shares Out491540548535
Weighted Avg Shares Out Dil496544562566
Supplemental Information
Interest Income$4,189$4,352$4,100$2,683
Interest Expense$1,564$1,841$1,560$291
Depreciation & Amortization$56$101$102$85
EBITDA$1,337$1,106$1,230$1,244
% Margin29.5%22.4%26.1%36.5%