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First Horizon FHN Data processing and equipment

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Segments

By segment

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Corporate$16M+23.1%
Wholesale$6M0.0%
Commercial, Consumer & Wealth$4M0.0%

Other financials

Income statement

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Revenue$887.0M+6.9%
Net income$270.0M+12.0%
EPS (diluted)$0.54+20.0%

Balance sheet

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Total debt$4.3B-10.0%
Total equity$9.2B+2.3%
Total assets$84.4B+2.9%

Cash flow

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Operating cash flow$585.0M+605%
CapEx$19.0M+111%
Free cash flow$566.0M+665%

Valuation

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Market cap$12.42B+14.0%
P/E11.8×-1.2×
P/S3.5×+0.1×

Profitability

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Net margin29.9%+3.6pp
FCF margin30.4%

Returns & leverage

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Return on equity11.6%+2.1pp
Debt / equity0.5×-0.1×

Where this comes from

Reported directly by First Horizon in its filing.

Tagged under the XBRL concept us-gaap:InformationTechnologyAndDataProcessing.

The source filing: First Horizon’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000036966-26-000155
(Dollars in millions, except per share data; shares in thousands) (Unaudited)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 20262025
Personnel expense304282593561
Computer software40347766
Net occupancy expense36347169
Operations services26235246
Legal and professional fees18173431
Advertising and public relations17142724
Deposit insurance expense12122525
Equipment expense11112222

Item 1. [Financial Statements](#i5fa0e3cbccce46a9bbf1ea1c199d896c_28)

FAQ

What is First Horizon's data processing and equipment?
First Horizon (FHN) reported data processing and equipment of $26M in Q2 2026.
How has First Horizon's data processing and equipment changed year-over-year?
First Horizon's data processing and equipment increased by 13.0% year-over-year, from $23M to $26M.
What is the long-term trend for First Horizon's data processing and equipment?
Over 4 years (2021 to 2025), First Horizon's data processing and equipment has grown at a 4.4% compound annual growth rate (CAGR), from $80M to $95M.
What does data processing and equipment mean?
Costs associated with external data processing services, network infrastructure, and IT support systems. This metric tracks the operational expense of maintaining the bank's technological backbone.

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