What does regional banking — provision for credit losses mean?

The amount set aside by the regional banking segment to cover potential future losses from bad loans.

How do you interpret regional banking — provision for credit losses?

An increase suggests deteriorating credit quality or a more conservative economic outlook, while a decrease suggests improving credit conditions.

How does regional banking — provision for credit losses compare across companies?

Standard metric across the banking industry for assessing credit risk management.

First Horizon FHN Regional Banking — Provision for Credit Losses

Discontinued — last reported Q3 '24

Other segment segments

Wholesale

$9M+200%

Commercial, Consumer & Wealth

$8M-78.9%

Corporate

-$2M-100%

Similar metrics at other companies

RFCorporate Bank — Provision for Credit Losses

$71M+9.2%

KEYCommercial Bank — Provision for Credit Losses

$70M-6.7%

FCNCAGeneral Bank — Provision for Credit Losses

$17M-63.0%

ONBBanking — Provision For Loan And Lease Losses

$91K+9,000%

UMBFBank — Provision For Loan And Lease Losses

$6M-20.0%

HBA

HBANZConsumer & Regional Banking — Provision for Credit Losses

——

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 fhn:FinancingReceivableExcludingAccruedInterestAndOffBalanceSheetLiabilityCreditLossExpenseReversal.

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 — provision for credit losses.

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

Connect your AI

Claude

Questions, answered.

What is First Horizon's regional banking — provision for credit losses?: First Horizon (FHN) reported regional banking — provision for credit losses of $33M in Q3 2024.
What does regional banking — provision for credit losses mean?: The amount set aside by the regional banking segment to cover potential future losses from bad loans.
How do you interpret regional banking — provision for credit losses?: An increase suggests deteriorating credit quality or a more conservative economic outlook, while a decrease suggests improving credit conditions.
How does regional banking — provision for credit losses compare across companies?: Standard metric across the banking industry for assessing credit risk management.