First Tax Provision from 2010 to 2025

FHN Stock  USD 19.66  0.37  1.92%   
First Horizon Tax Provision yearly trend continues to be very stable with very little volatility. Tax Provision is likely to drop to about 179.9 M. Tax Provision is the amount set aside by First Horizon National to cover any estimated taxes for the current period. It reflects First Horizon's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
58 M
Current Value
40 M
Quarterly Volatility
26.9 M
 
Covid
Check First Horizon financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Horizon's main balance sheet or income statement drivers, such as Interest Expense of 1.9 B, Other Operating Expenses of 3.3 B or EBIT of 689.4 M, as well as many indicators such as Price To Sales Ratio of 9.89, Dividend Yield of 0.0358 or PTB Ratio of 1.97. First financial statements analysis is a perfect complement when working with First Horizon Valuation or Volatility modules.
  
Check out the analysis of First Horizon Correlation against competitors.

Latest First Horizon's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of First Horizon National over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. First Horizon's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Horizon's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

First Tax Provision Regression Statistics

Arithmetic Mean116,884,372
Geometric Mean60,031,035
Coefficient Of Variation86.87
Mean Deviation85,827,372
Median131,892,000
Standard Deviation101,539,457
Sample Variance10310.3T
Range276.1M
R-Value0.87
Mean Square Error2750.3T
R-Squared0.75
Significance0.000014
Slope18,482,834
Total Sum of Squares154653.9T

First Tax Provision History

2025179.9 M
2024211 M
2023287 M
2022247 M
2021274 M
202076 M
2019133.3 M

About First Horizon Financial Statements

First Horizon investors utilize fundamental indicators, such as Tax Provision, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision211 M179.9 M
When determining whether First Horizon National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Horizon's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Horizon National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Horizon National Stock:
Check out the analysis of First Horizon Correlation against competitors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Horizon. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Horizon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
0.6
Earnings Share
1.36
Revenue Per Share
5.626
Return On Assets
0.0097
The market value of First Horizon National is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Horizon's value that differs from its market value or its book value, called intrinsic value, which is First Horizon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Horizon's market value can be influenced by many factors that don't directly affect First Horizon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Horizon's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Horizon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Horizon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.