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First Horizon FHN Corporate — Operations services

Other segment segments

Wholesale
$6M0.0%
Commercial, Consumer & Wealth
$4M0.0%

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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:InformationTechnologyAndDataProcessing.

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 corporate — operations services?
First Horizon (FHN) reported corporate — operations services of $15M in Q1 2026.
How has First Horizon's corporate — operations services changed year-over-year?
First Horizon's corporate — operations services increased by 15.4% year-over-year, from $13M to $15M.
What is the long-term trend for First Horizon's corporate — operations services?
Over 3 years (2022 to 2025), First Horizon's corporate — operations services has grown at a 7.1% compound annual growth rate (CAGR), from $44M to $54M.
What does corporate — operations services mean?
Costs for third-party operational and back-office support services.
How do you interpret corporate — operations services?
An increase suggests higher reliance on external vendors or increased operational complexity.
How does corporate — operations services compare across companies?
Commonly reported as professional or operational service fees in banking.