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First Horizon FHN Data processing and equipment

Data processing and equipment at other companies

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Old National BancorpONB
$29.03M+31.8%
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$29.7M-5.3%
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Huntington BancsharesHBAN
East-West Bancorp logo
East-West BancorpEWBC

Segments

By segment

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Corporate$15M+15.4%
Wholesale$6M0.0%
Commercial, Consumer & Wealth$4M0.0%

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

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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:InformationTechnologyAndDataProcessing.

The official record: First Horizon’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Horizon's data processing and equipment?
First Horizon (FHN) reported data processing and equipment of $25M in Q1 2026.
How has First Horizon's data processing and equipment changed year-over-year?
First Horizon's data processing and equipment increased by 8.7% year-over-year, from $23M to $25M.
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?
Expenses for IT infrastructure and external data processing services.
How do you interpret data processing and equipment?
Rising costs may indicate scaling of operations or necessary upgrades to legacy systems, while stability suggests efficient IT management.
How does data processing and equipment compare across companies?
Generally scales with the size of the customer base and transaction volume.