First Horizon FHN Specialty Banking — Income tax expense (benefit)

Other segment segments

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Questions, answered.

What is First Horizon's specialty banking — income tax expense (benefit)?

First Horizon (FHN) reported specialty banking — income tax expense (benefit) of $31M in Q3 2024.

How has First Horizon's specialty banking — income tax expense (benefit) changed year-over-year?

First Horizon's specialty banking — income tax expense (benefit) increased by 14.8% year-over-year, from $27M to $31M.

What does specialty banking — income tax expense (benefit) mean?

The tax cost or benefit attributed to the Specialty Banking segment's earnings.

How do you interpret specialty banking — income tax expense (benefit)?

Fluctuations generally track with pre-tax income levels and changes in statutory tax rates.

How does specialty banking — income tax expense (benefit) compare across companies?

Standard tax accounting allocation for business segments in large financial organizations.