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First Horizon FHN Specialty 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%

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$2.58M-0.3%
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$49M+145%
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$50.8M+2.6%
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CFGCommercial Banking — D&A
$4M-20.0%

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

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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 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 specialty banking — depreciation, depletion and amortization?
First Horizon (FHN) reported specialty banking — depreciation, depletion and amortization of $0 in Q4 2023.
How has First Horizon's specialty banking — depreciation, depletion and amortization changed year-over-year?
First Horizon's specialty banking — depreciation, depletion and amortization decreased by 100.0% year-over-year, from $500K to $0.
What is the long-term trend for First Horizon's specialty banking — depreciation, depletion and amortization?
Over 2 years (2021 to 2023), First Horizon's specialty banking — depreciation, depletion and amortization has grown at a -100.0% compound annual growth rate (CAGR), from $4M to $0.
What does specialty banking — depreciation, depletion and amortization mean?
The non-cash cost of using up physical or intangible assets over time.
How do you interpret specialty banking — depreciation, depletion and amortization?
Stable levels indicate consistent asset investment, while significant changes may reflect shifts in capital expenditure strategies or asset impairment.
How does specialty banking — depreciation, depletion and amortization compare across companies?
Standard operating expense metric across all capital-intensive business segments.