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First Horizon FHN Regional Banking — Net interest income (expense)

Discontinued — last reported Q3 '24

Other segment segments

Commercial, Consumer & Wealth
$650M+2.7%
Wholesale
$62M+24.0%
Corporate
-$45M+13.5%

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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:InterestIncomeExpenseNet.

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 — net interest income (expense)?
First Horizon (FHN) reported regional banking — net interest income (expense) of $517M in Q3 2024.
How has First Horizon's regional banking — net interest income (expense) changed year-over-year?
First Horizon's regional banking — net interest income (expense) decreased by 7.3% year-over-year, from $558M to $517M.
What is the long-term trend for First Horizon's regional banking — net interest income (expense)?
Over 2 years (2021 to 2023), First Horizon's regional banking — net interest income (expense) has grown at a 15.5% compound annual growth rate (CAGR), from $1.76B to $2.35B.
What does regional banking — net interest income (expense) mean?
The profit the regional banking segment makes from the spread between interest earned on loans and interest paid on deposits.
How do you interpret regional banking — net interest income (expense)?
Higher values indicate improved net interest margins or growth in interest-earning assets.
How does regional banking — net interest income (expense) compare across companies?
A standard core metric for all retail and commercial banking segments.