FHNPE.PFD (First Horizon) Credit Losses Provision : $140.00 Mil (As of Dec. 2024)

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What is First Horizon Credit Losses Provision?

First Horizon's credit losses provision for the three months ended in Dec. 2024 was $10.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2024 was $140.00 Mil.

First Horizon's quarterly credit losses provision declined from Jun. 2024 ($55.00 Mil) to Sep. 2024 ($35.00 Mil) and declined from Sep. 2024 ($35.00 Mil) to Dec. 2024 ($10.00 Mil).

First Horizon's annual credit losses provision increased from Dec. 2022 ($95.00 Mil) to Dec. 2023 ($260.00 Mil) but then declined from Dec. 2023 ($260.00 Mil) to Dec. 2024 ($150.00 Mil).

First Horizon Credit Losses Provision Historical Data

The historical data trend for First Horizon's Credit Losses Provision 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.

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First Horizon Credit Losses Provision Chart

First Horizon Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Credit Losses Provision

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503.00

-310.00

95.00

260.00

150.00

First Horizon Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Credit Losses Provision	Get a 7-Day Free Trial															50.00	55.00	35.00	10.00	40.00

First Horizon Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $140.00 Mil.

First Horizon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Horizon Corp (NYSE:FHNpE.PFD) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

FHNpF.PFD:USA FHNpB.PFD:USA FHNpC.PFD:USA FHN:USA FT2:Germany

Address

165 Madison Avenue, Memphis, TN, USA, 38103

Website

https://www.firsthorizon.com

First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The company's reportable segments are: Commercial, Consumer & Wealth, Wholesale, and Corporate. The majority of its revenue is generated from Commercial, Consumer & Wealth. The Commercial, Consumer & Wealth segment offers financial products and services, including traditional lending and deposit taking, to commercial and consumer clients in the southern USA and other selected markets.