Name | Value |
---|---|
Revenues | 1,268.0M |
Cost of Revenue | 785.0M |
Gross Profit | 483.0M |
Operating Expense | 223.0M |
Operating I/L | -5.0M |
Other Income/Expense | 177.0M |
Interest Income | 1,086.0M |
Pretax | 177.0M |
Income Tax Expense | -11.0M |
Net Income/Loss | 184.0M |
First Horizon Corporation operates as a bank holding company, providing a range of financial services through its Regional Banking, Specialty Banking, and Corporate segments. The company offers general banking services to consumers, businesses, financial institutions, and governments, as well as underwrites and sells various financial products such as loans, derivatives, and securities. Additionally, it provides mortgage banking, title insurance, brokerage, trust, and investment advisory services. With approximately 500 banking offices under the First Horizon Bank brand and 400 banking centers under the FHN Financial brand, the company generates revenue through its diverse portfolio of banking and financial products and services.