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First Horizon FHN Regional Banking — Depreciation, Depletion and Amortization

Discontinued — last reported Q4 '23

Other segment segments

Commercial, Consumer & Wealth
$12M+33.3%
Corporate
$9M-10.0%
Wholesale
$1M-50.0%

Similar metrics at other companies

Old National Bancorp logo
ONBBanking — D&A
$4.14M-11.1%
KeyCorp logo
KEYCorporate Banking — Depreciation And Amortization
$34M+21.4%
Fidelity National Information Services logo
FISBanking Solutions — Depreciation and amortization (including purchase accounting amortization)
$362M+123%
Citizens Financial Group logo
CFGConsumer Banking — D&A
$31M0.0%
Fidelity National Financial logo
FNFCorporate and Other — D&A
$7M0.0%
M&T Bank logo
MTBCommercial Bank — Depreciation and amortization of premises and equipment
$10M0.0%

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 us-gaap:DepreciationDepletionAndAmortization.

The official record: First Horizon’s 10-K, filed February 23, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Horizon's regional banking — depreciation, depletion and amortization?
First Horizon (FHN) reported regional banking — depreciation, depletion and amortization of $15M in Q4 2023.
How has First Horizon's regional banking — depreciation, depletion and amortization changed year-over-year?
First Horizon's regional banking — depreciation, depletion and amortization increased by 150.0% year-over-year, from $6M to $15M.
What is the long-term trend for First Horizon's regional banking — depreciation, depletion and amortization?
Over 2 years (2021 to 2023), First Horizon's regional banking — depreciation, depletion and amortization has grown at a 2.6% compound annual growth rate (CAGR), from -$57M to $60M.
What does regional banking — depreciation, depletion and amortization mean?
The non-cash expense representing the aging of physical and intangible assets.
How do you interpret regional banking — depreciation, depletion and amortization?
Higher levels may indicate significant recent capital investment in infrastructure or technology.
How does regional banking — depreciation, depletion and amortization compare across companies?
Standard accounting metric; comparable across all capital-intensive industries.