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First Horizon FHN Fixed Income — Goodwill, Acquired During Period

Discontinued — last reported Q1 '23

Other segment segments

Wholesale
$0

Similar metrics at other companies

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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

See full
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:GoodwillAcquiredDuringPeriod.

The official record: First Horizon’s 10-Q, filed May 8, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Horizon's fixed income — goodwill, acquired during period?
First Horizon (FHN) reported fixed income — goodwill, acquired during period of $0 in Q1 2023.
What does fixed income — goodwill, acquired during period mean?
The amount of goodwill added to the Fixed Income segment from new acquisitions during the period.
How do you interpret fixed income — goodwill, acquired during period?
Higher values indicate active M&A activity aimed at expanding the fixed income business footprint.
How does fixed income — goodwill, acquired during period compare across companies?
Varies significantly based on the firm's M&A cycle; peers in capital markets will show similar spikes during acquisition years.