What does regional banking — mortgage banking income mean?

Income derived from the origination, sale, and servicing of mortgage loans.

How do you interpret regional banking — mortgage banking income?

Higher values suggest strong mortgage origination volume or favorable gain-on-sale margins, while lower values often reflect rising interest rates or cooling housing markets.

How does regional banking — mortgage banking income compare across companies?

Standard metric reported as 'Mortgage Banking Revenue' or 'Gain on Sale of Loans' by most retail banks.

First Horizon FHN Regional Banking — Mortgage banking income

Discontinued — last reported Q3 '24

Other segment segments

Wholesale

$9M+12.5%

Commercial, Consumer & Wealth

$0—

Corporate

$0—

Similar metrics at other companies

FCNCAMortgage Banking — Revenue (Gross)

$7.44M+80.4%

SSBMortgage Banking — Revenue

$11.02M+42.4%

NVRMortgage Banking — Interest And Fee Income Loans Held For Sale Mortgages

$3.63M-4.7%

RWTResidential Mortgage Banking — Mortgage Banking Activities Net

$9.52M-15.2%

NVRMortgage Banking — Interest Income

$3.63M-4.7%

BPOPMortgage Banking Activities — Fees And Commissions Mortgage Banking And Servicing

——

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

See full

Cash & equivalents$1.9B—

Total debt$5.5B0.0%

Total equity$9.2B+4.8%

Total assets$84.1B+3.2%

Cash flow

See full

Operating cash flow$278.0M-20.3%

CapEx$8.0M-11.1%

Free cash flow$270.0M-20.6%

Valuation

See full

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:FeesAndCommissionsMortgageBankingAndServicing.

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

Ask your AI about First Horizon's regional banking — mortgage banking income.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI

Claude

Questions, answered.

What is First Horizon's regional banking — mortgage banking income?: First Horizon (FHN) reported regional banking — mortgage banking income of $0 in Q3 2024.
What does regional banking — mortgage banking income mean?: Income derived from the origination, sale, and servicing of mortgage loans.
How do you interpret regional banking — mortgage banking income?: Higher values suggest strong mortgage origination volume or favorable gain-on-sale margins, while lower values often reflect rising interest rates or cooling housing markets.
How does regional banking — mortgage banking income compare across companies?: Standard metric reported as 'Mortgage Banking Revenue' or 'Gain on Sale of Loans' by most retail banks.