For the year ending 2025-12-31, FHN had $58M increase in cash & cash equivalents over the period. $595M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 998 |
| Provision for credit losses | 65 |
| Deferred income tax expense (benefit) | 49 |
| Depreciation and amortization of premises and equipment | 56 |
| Amortization of intangible assets | 38 |
| Net other amortization (accretion) | 30 |
| Net decrease in trading securities | -530 |
| Net (increase) decrease in derivatives | -5 |
| Stock-based compensation expense | 61 |
| Securities (gains) losses, net | 1 |
| Purchases and originations | 3,077 |
| Gross proceeds from settlements and sales | 2,187 |
| Gain due to fair value adjustments and other | 19 |
| Other operating activities, net | -234 |
| Total adjustments | -370 |
| Net cash provided by operating activities | 628 |
| Proceeds from sales of securities available for sale | 0 |
| Proceeds from payments on securities available for sale | 957 |
| Purchases of securities available for sale | 874 |
| Proceeds from payments on securities held to maturity | 57 |
| Proceeds from sales of premises and equipment | 3 |
| Purchases of premises and equipment | 33 |
| Proceeds from boli | 24 |
| Net increase in loans and leases | 1,647 |
| Net decrease (increase) in interest-bearing deposits with banks | 413 |
| Other investing activities, net | -6 |
| Net cash used in investing activities | -1,094 |
| Stock options exercised | 6 |
| Cash dividends paid | 314 |
| Repurchase of shares | 918 |
| Preferred stock redemption | 80 |
| Cash dividends paid - preferred stock - noncontrolling interest | 16 |
| Cash dividends paid - preferred stock | 26 |
| Net increase (decrease) in deposits | 1,894 |
| Net (decrease) increase in short-term borrowings | -146 |
| Proceeds from issuance of term borrowings | 513 |
| Repayment of term borrowings | 366 |
| (decreases) increases in secured borrowings | 23 |
| Net cash provided by (used in) financing activities | 524 |
| Net increase (decrease) in cash and cash equivalents | 58 |
| Cash and cash equivalents at beginning of period | 1,537 |
| Cash and cash equivalents at end of period | 1,595 |
FIRST HORIZON CORP (FHN)
FIRST HORIZON CORP (FHN)