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First Horizon FHN Commercial, Consumer & Wealth — Equipment expense

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Other financials

Income statement

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Revenue$862.0M+6.2%
Net income$262.0M+20.2%
EPS (diluted)$0.53+29.3%

Balance sheet

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Cash & equivalents$1.9B
Total debt$5.5B0.0%
Total equity$9.2B+4.8%
Total assets$84.1B+3.2%

Cash flow

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Operating cash flow$278.0M-20.3%
CapEx$8.0M-11.1%
Free cash flow$270.0M-20.6%

Valuation

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Market cap$11.78B+8.9%
P/E11.5×-2.0×
P/S3.4×0.0×

Profitability

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Net margin29.6%+4.4pp
FCF margin30.4%

Returns & leverage

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Return on equity11.5%+2.4pp
Debt / equity0.6×0.0×

Where this comes from

Reported directly by First Horizon in its filing.

Tagged under the XBRL concept us-gaap:EquipmentExpense.

The official record: First Horizon’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Horizon's commercial, consumer & wealth — equipment expense?
First Horizon (FHN) reported commercial, consumer & wealth — equipment expense of $3M in Q1 2026.
How has First Horizon's commercial, consumer & wealth — equipment expense changed year-over-year?
First Horizon's commercial, consumer & wealth — equipment expense increased by 50.0% year-over-year, from $2M to $3M.
What is the long-term trend for First Horizon's commercial, consumer & wealth — equipment expense?
Over 2 years (2022 to 2024), First Horizon's commercial, consumer & wealth — equipment expense has grown at a -11.4% compound annual growth rate (CAGR), from $14M to $11M.
What does commercial, consumer & wealth — equipment expense mean?
The cost of maintaining and using physical equipment for business operations.
How do you interpret commercial, consumer & wealth — equipment expense?
An increase may signal investment in new technology or branch upgrades, while a decrease could indicate cost-cutting or asset lifecycle management.
How does commercial, consumer & wealth — equipment expense compare across companies?
Common operational expense for retail banking segments, often compared as a percentage of total noninterest expense.