First Horizon Quarterly Cash Flow Statement
NYSE: FHNFinancial ServicesBanks - RegionalUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
First Horizon free cash flow
In the quarter ended Jun 30, 2026, First Horizon generated $585.0 million of operating cash flow and spent $19.0 million on capital expenditures. That left free cash flow of $566.0 million, a free-cash-flow margin of 63.8% of revenue. Free cash flow was up 664.9% from the prior year's $74.0 million.
First Horizon returned $208.0 million to shareholders: $87.0 million in dividends and $121.0 million in share repurchases, equal to 37% of free cash flow. Free cash flow covered dividend payments 6.5 times.
Summary generated from market data by MetaCap's automated system. Methodology
First Horizon cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 274.00M | 266.00M | 266.00M | 266.00M | 245.00M | 222.00M | 170.00M | 223.00M | 204.00M | 197.00M | 189.00M | 142.00M |
| Net Income growth (YoY) | +11.84% | +19.82% | +56.47% | +19.28% | +20.10% | +12.69% | -10.05% | +57.04% | -37.99% | -22.75% | -30.00% | -47.01% |
| Depreciation & Amortization | 20.00M | 22.00M | 17.00M | 6.00M | 20.00M | 21.00M | 19.00M | 31.00M | 20.00M | 26.00M | — | — |
| Stock-Based Compensation | 14.00M | 13.00M | 13.00M | 15.00M | 15.00M | 18.00M | 15.00M | 13.00M | 13.00M | 18.00M | 15.00M | 13.00M |
| Change in Working Capital | — | — | — | 219.00M | -288.00M | -2.00M | — | 416.00M | -314.00M | 244.00M | — | 368.00M |
| Operating Cash Flow | 585.00M | 278.00M | 396.00M | -200.00M | 83.00M | 349.00M | 191.00M | 389.00M | -150.00M | 838.00M | 365.00M | 698.00M |
| Capital Expenditures | -19.00M | -8.00M | -7.00M | -8.00M | -9.00M | -9.00M | -17.00M | -6.00M | -11.00M | -10.00M | -14.00M | — |
| Investing Cash Flow | -753.00M | -224.00M | -995.00M | -16.00M | -776.00M | 693.00M | -256.00M | 482.00M | -408.00M | -876.00M | 1.23B | 2.27B |
| Dividends Paid | -87.00M | -73.00M | -76.00M | -76.00M | -82.00M | -80.00M | -80.00M | -81.00M | -86.00M | -85.00M | -84.00M | -84.00M |
| Share Repurchases | -121.00M | -235.00M | -335.00M | -190.00M | -28.00M | -365.00M | -164.00M | -75.00M | -228.00M | -159.00M | 0 | 0 |
| Financing Cash Flow | 153.00M | -6.00M | 508.00M | 387.00M | 565.00M | -936.00M | -434.00M | -291.00M | 448.00M | -127.00M | -1.30B | -2.95B |
| Net Change in Cash | -15.00M | 48.00M | -91.00M | 171.00M | -128.00M | 106.00M | -499.00M | 580.00M | -110.00M | -165.00M | 293.00M | 19.00M |
| Free Cash Flow | 566.00M | 270.00M | 389.00M | -208.00M | 74.00M | 340.00M | 174.00M | 383.00M | -161.00M | 828.00M | 351.00M | 698.00M |
This table shows 12 quarterly periods of First Horizon's cash flow statement, from Q2 2026 back to Q3 2023, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow FHN's reporting calendar. What is a cash flow statement?