First Horizon Q1 2023 Earnings Report

First Horizon EPS Results

• Actual EPS: $0.45
• Consensus EPS: $0.46
• Beat/Miss: Missed by -$0.01
• One Year Ago EPS: $0.38

First Horizon Revenue Results

• Actual Revenue: $863.00 million
• Expected Revenue: $871.36 million
• Beat/Miss: Missed by -$8.36 million
• YoY Revenue Growth: +22.60%

First Horizon Announcement Details

• Quarter: Q1 2023
• Date: 4/18/2023
• Time: After Market Closes

First Horizon (NYSE:FHN) operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through Regional Banking and Specialty Banking segments. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also accepts deposits; provides underwriting services for bank-eligible securities and other fixed-income securities by financial subsidiaries; sells loans and derivatives; financial planning; and offers investment and financial advisory services. In addition, it offers mortgage banking; loan syndications; brokerage services; commercial and business banking for business enterprises, consumer banking, and private client and wealth management services; capital markets, professional commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, tax credit finance, energy and healthcare finance, asset management, and corporate and correspondent banking services. Further, the company provides transaction processing services including check clearing services and remittance processing, credit cards, investment, and sale of mutual fund and retail insurances, as well as trust, fiduciary, and agency services. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.