Skip to content

First Horizon FHN Specialty 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%

Similar metrics at other companies

First Citizens BancShares logo
FCNCAGeneral Bank — Net Interest Income
$691M+25.9%
Wintrust Financial logo
WTFCSpecialty Finance — Interest Income Expense Net
$107.08M+17.3%
Wintrust Financial logo
WTFCSpecialty finance — Net Interest Income
$107.08M+17.3%
Cullen/Frost Bankers logo
CFRNon-Banks — Net interest income (expense)
-$2.9M+6.7%
Old National Bancorp logo
ONBBanking — Interest Income Expense Net
$87.8M-5.7%
Valley National Bank logo
VLYCommercial Banking — Net Interest Income
$355.54M+6.6%

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 us-gaap:InterestIncomeExpenseNet.

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 specialty banking — net interest income (expense).

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

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is First Horizon's specialty banking — net interest income (expense)?
First Horizon (FHN) reported specialty banking — net interest income (expense) of $166M in Q3 2024.
How has First Horizon's specialty banking — net interest income (expense) changed year-over-year?
First Horizon's specialty banking — net interest income (expense) increased by 3.8% year-over-year, from $160M to $166M.
What does specialty banking — net interest income (expense) mean?
The net profit earned by the Specialty Banking segment from its interest-based lending and deposit activities.
How do you interpret specialty banking — net interest income (expense)?
Higher values indicate effective interest rate management and strong net interest margins.
How does specialty banking — net interest income (expense) compare across companies?
A fundamental metric for all banking segments; comparable to Net Interest Income (NII) at peer regional banks.