
First Horizon Net Income Dips to $794M Amid Rate Pressures
First Horizon CorporationDescription
What this story covers
First Horizon Corp's 2024 10-K shows net income of $794M, down from $916M, with flat net interest income at $2.5B and improved credit provisions at $150M. Assets grew 1% to $82.2B, deposits stable at $65.6B, and capital ratios strong above 11%. Risks include economic shifts and regulations, with outlook for 2-3% loan growth.
Story snapshot
CompanyFirst Horizon Corporation
TickerFHN
VariantStandard detailed
Duration11:33
Filing type10-K
PeriodAnnual 2024
IndustryFinancial Services
Accession0000036966-25-000024
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