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First Horizon (NYSE:FHN) Pre-Tax Income

: $1,160 Mil (TTM As of Sep. 2022)
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Pretax income is the income that a company earns before paying income taxes. First Horizon's pretax income for the three months ended in Sep. 2022 was $346 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2022 was $1,160 Mil. First Horizon's pretax margin was 40.56%.

During the past 13 years, First Horizon's highest Pretax Margin was 42.93%. The lowest was -7.68%. And the median was 27.81%.


First Horizon Pre-Tax Income Historical Data

The historical data trend for First Horizon's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Horizon Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 714.00 586.00 933.00 1,284.00 1,159.00

First Horizon Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Pre-Tax Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 281.00 255.00 225.00 346.00 334.00

Competitive Comparison

For the Banks - Regional subindustry, First Horizon's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

First Horizon Pre-Tax Income Distribution

For the Banks industry and Financial Services sector, First Horizon's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where First Horizon's Pre-Tax Income falls in comparison to its industry or sector. The grey bar indicates the Pre-Tax Income's extreme value range as defined by GuruFocus.



First Horizon Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

First Horizon's Pretax Income for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Income=Operating Income+Other
=0+1284
=1,284

First Horizon's Pretax Income for the quarter that ended in Sep. 2022 is calculated as

Pretax Income=Operating Income+Other
=0+346
=346

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,160 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Horizon  (NYSE:FHN) Pre-Tax Income Explanation

First Horizon's Pretax Margin for the quarter that ended in Sep. 2022 is calculated as

Pretax Margin=Pretax Income/Revenue
=346/853
=40.56%

During the past 13 years, First Horizon's highest Pretax Margin was 42.93%. The lowest was -7.68%. And the median was 27.81%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Horizon Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of First Horizon's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


First Horizon (NYSE:FHN) Business Description

First Horizon logo
Address
165 Madison Avenue, Memphis, TN, USA, 38103
First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.
Executives
Dmuchowski Hope officer: Sr. EVP & CFO 165 MADISON AVE MEMPHIS TN 38103
Casbon John N director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Locascio Tammy officer: Sr. EVP, Chief HR Officer 165 MADISON AVE MEMPHIS TN 38103
Kemp Sr James Michael director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Maples Ricky E director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Akins Terry Lawson officer: Sr. EVP, Chief Risk Officer 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Ardoin Elizabeth A officer: SEVP, Chief Communications Ofc 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Sugranes Rosa director 2975 N.W. 77TH AVE DORAL FL 33132
Restel Anthony J officer: SEVP Chief Operating Officer 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Shea E Stewart Iii director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Fenstermaker William H director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Byrd Daryl G director, officer: Executive Chairman of Board 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Barton Harry V Jr director 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Brown Michael J officer: President - Regional Banking 200 WEST CONGRESS STREET LAFAYETTE LA 70501
Davidson Wendy P director 2210 WEST OAKLAWN DRIVE SPRINGDALE AR 72762

First Horizon (NYSE:FHN) Headlines

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