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First Horizon FHN Non-Interest income — Accounts receivable

Discontinued — last reported Q3 '20

Similar metrics at other companies

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WBSOther sources of non-interest income — Revenue from contracts with customers
$37.78M+18.7%
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FCNCAFee income and other service charges — Noninterest income
$81M+14.1%
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WBSOther — Revenue from contracts with customers
$12.86M+8.3%
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RJFBank — Non-interest revenues
$14M-6.7%
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FCNCAGeneral Banking — Noninterest income
$145M+22.9%
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FCNCAOther service charges and fees — Revenue from contracts with customers
$9.27M+14.7%

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:AccountsReceivableNet.

The official record: First Horizon’s 10-Q, filed November 5, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does non-interest income — accounts receivable mean?
Revenue earned from providing services and financing related to managing corporate customer accounts receivable.
How do you interpret non-interest income — accounts receivable?
An increase suggests stronger demand for the bank's treasury management services and deeper integration into corporate clients' cash flow cycles, while a decrease may indicate reduced corporate activity or increased competition in the payments space.
How does non-interest income — accounts receivable compare across companies?
Peers typically report this under treasury management, commercial services, or transaction banking fee income lines.