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First Horizon FHN Specialty 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
FRHCBrokerage — Bank services
$1.45M-13.9%
Freedom Holding logo
FRHCBank — Other fee and commission income
$0-100%
Freedom Holding logo
FRHCBank — Brokerage services
$0
Wintrust Financial logo
WTFCSpecialty Finance — Noninterest Income
$35.73M+15.1%
Freedom Holding logo
FRHCBrokerage — Other fee and commission income
$115K+88.5%
Wintrust Financial logo
WTFCSpecialty finance — Non-interest income
$35.73M+15.1%

Other financials

Income statement

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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

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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 specialty banking — brokerage, management fees and commissions?
First Horizon (FHN) reported specialty banking — brokerage, management fees and commissions of $0 in Q3 2024.
What does specialty banking — brokerage, management fees and commissions mean?
Income generated from investment brokerage and advisory services.
How do you interpret specialty banking — brokerage, management fees and commissions?
An increase signals growth in assets under management or higher client trading activity, contributing to non-interest income.
How does specialty banking — brokerage, management fees and commissions compare across companies?
Similar to 'Wealth Management Fees' or 'Brokerage Commissions' reported by diversified financial institutions.