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First Horizon FHN Regional Banking — Brokerage, management fees and commissions

Discontinued — last reported Q3 '24

Other segment segments

Commercial, Consumer & Wealth
$29M+11.5%
Corporate
$0
Wholesale
$0

Similar metrics at other companies

Freedom Holding logo
FRHCBanking — Brokerage services
$48K+153%
Freedom Holding logo
FRHCBrokerage — Bank services
$1.45M-13.9%
Freedom Holding logo
FRHCBanking — Bank services
$5.17M+13.4%
Freedom Holding logo
FRHCBank — Brokerage services
$0
M&T Bank logo
MTBRetail Banking — Brokerage Commissions Revenue
-$20K
Commerce Bancshares logo
CBSHConsumer brokerage services — Non-interest income
$5.44M+13.8%

Other financials

Income statement

See full
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

See full
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 fhn:BrokerageManagementFeesAndCommissions.

The official record: First Horizon’s 10-Q, filed November 7, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Horizon's regional banking — brokerage, management fees and commissions?
First Horizon (FHN) reported regional banking — brokerage, management fees and commissions of $27M in Q3 2024.
How has First Horizon's regional banking — brokerage, management fees and commissions changed year-over-year?
First Horizon's regional banking — brokerage, management fees and commissions increased by 28.6% year-over-year, from $21M to $27M.
What is the long-term trend for First Horizon's regional banking — brokerage, management fees and commissions?
Over 2 years (2021 to 2023), First Horizon's regional banking — brokerage, management fees and commissions has grown at a 0.6% compound annual growth rate (CAGR), from $88M to $89M.
What does regional banking — brokerage, management fees and commissions mean?
Revenue from investment advisory services, brokerage commissions, and asset management fees.
How do you interpret regional banking — brokerage, management fees and commissions?
An increase suggests growth in assets under management or higher client trading activity, signaling strong wealth management performance.
How does regional banking — brokerage, management fees and commissions compare across companies?
Similar to 'Wealth Management Fees' or 'Brokerage and Advisory Income' at peer financial institutions.