First Horizon Reports a 29% Increase in Net Income for Q1 2023

First Horizon,(FHN) a leading financial institution, has announced its financial results for the first quarter of 2023. The company reported impressive growth in both net income and revenue, showcasing its resilience and strong performance in a dynamic market. The unaudited consolidated balance sheets and statements of income provide insights into the company's financial position and performance during the period.

First Horizon Reports a 29% Increase in Net Income for Q1 2023

First Horizon revealed a robust financial performance for the first quarter of 2023, reporting a net income of $255 million. This figure represents a remarkable 29% increase compared to the same period in the previous year when the net income was $198 million.

First Horizon's Q1 2023 Revenue Grows with a Strong Performance