First Horizon Corporation (FHN) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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FHN Revenue Growth
Revenue Breakdown (FY 2025)
FHN's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
FHN Revenue Analysis (2014–2025)
As of May 8, 2026, First Horizon Corporation (FHN) generated trailing twelve-month (TTM) revenue of $4.91 billion, reflecting strong growth of +10.7% year-over-year. The most recent quarter (Q4 2025) recorded $1.26 billion in revenue, down 0.4% sequentially.
Looking at the longer-term picture, FHN's 5-year compound annual growth rate (CAGR) stands at +12.2%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $4.99 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows FHN's business is primarily driven by Underwriting, Portfolio Advisory, and Other Noninterest Income (100%). With over half of revenue concentrated in Underwriting, Portfolio Advisory, and Other Noninterest Income, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including ZION, CFG, and HBAN. Compare FHN vs ZION →
FHN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FHNCurrent | $4.9B | +10.7% | +12.2% | 25.7% | |
 ZION | $5.0B | - | - | 20.3% | |
 CFG | $12.3B | - | - | 15.3% | |
 HBAN | $12.5B | - | - | 21.5% | |
 RF | $9.6B | - | - | 28.5% | |
 FITB | $13.0B | - | - | 22.3% |
FHN Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.99B | - | $3.36B | 67.3% | $1.28B | 25.7% |
| 2024 | $4.94B | - | $2.95B | 59.7% | $1.00B | 20.4% |
| 2023 | $4.71B | - | $2.90B | 61.4% | $1.13B | 23.9% |
| 2022 | $3.41B | - | $3.02B | 88.7% | $1.16B | 34.0% |
| 2021 | $3.15B | - | $3.30B | 104.6% | $1.28B | 40.7% |
| 2020 | $2.80B | - | $2.06B | 73.6% | $933.0M | 33.3% |
| 2019 | $2.23B | - | $1.77B | 79.4% | $586.0M | 26.3% |
| 2018 | $2.21B | - | $1.88B | 84.9% | $714.0M | 32.3% |
| 2017 | $1.45B | - | $1.30B | 89.8% | $308.9M | 21.3% |
| 2016 | $1.33B | - | $1.23B | 92.5% | $345.3M | 26.0% |
Full FHN Stock Analysis
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Start ComparisonFHN — Frequently Asked Questions
Quick answers to the most common questions about buying FHN stock.
Is FHN's revenue growth accelerating or slowing?
FHN maintains +10.7% revenue growth, in line with its 5-year CAGR of +12.2%. TTM revenue stands at $4.9B. Growth rate remains consistent with historical average.
What is FHN's long-term revenue growth rate?
First Horizon Corporation's 5-year revenue CAGR of +12.2% reflects the sustained expansion pattern. Current YoY growth of +10.7% is near this long-term average.
How is FHN's revenue distributed by segment?
FHN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.