FIRST HORIZON CORP
For the period ended Mar 31, 2025. Filed May 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 7, 2025
FHN$23.56+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets (unaudited)
PART I, ITEM 1. FINANCIAL STATEMENTS
Table of Contents
CONSOLIDATED BALANCE SHEETS
| (Unaudited) | ||
|---|---|---|
| March 31, | December 31, | |
| (Dollars in millions, except per share amounts) | 2025 | 2024 |
| Assets | ||
| Cash and due from banks | $915 | $906 |
| Interest-bearing deposits with banks | 1,164 | 1,538 |
| Federal funds sold and securities purchased under agreements to resell | 728 | 631 |
| Trading securities | 1,376 | 1,387 |
| Securities available for sale at fair value | 8,075 | 7,896 |
| Securities held to maturity (fair value of $1,092 and $1,083, respectively) | 1,258 | 1,270 |
| Loans held for sale (including $114 and $85 at fair value, respectively) | 510 | 551 |
| Loans and leases | 62,215 | 62,565 |
| Allowance for loan and lease losses | (822) | (815) |
| Net loans and leases | 61,393 | 61,750 |
| Premises and equipment | 569 | 574 |
| Goodwill | 1,510 | 1,510 |
| Other intangible assets | 133 | 143 |
| Other assets | 3,860 | 3,996 |
| Total assets | $81,491 | $82,152 |
| Liabilities | ||
| Noninterest-bearing deposits | $15,835 | $16,021 |
| Interest-bearing deposits | 48,373 | 49,560 |
| Total deposits | 64,208 | 65,581 |
| Trading liabilities | 670 | 550 |
| Short-term borrowings | 3,795 | 3,400 |
| Term borrowings | 1,691 | 1,195 |
| Other liabilities | 2,083 | 2,315 |
| Total liabilities | 72,447 | 73,041 |
| Equity | ||
| Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 16,750 shares | 426 | 426 |
| Common stock, $0.625 par value; authorized 700,000,000 shares; issued 507,315,184 and 524,280,412 shares, respectively | 317 | 328 |
| Capital surplus | 4,472 | 4,808 |
| Retained earnings | 4,517 | 4,382 |
| Accumulated other comprehensive loss, net | (983) | (1,128) |
| FHN shareholders' equity | 8,749 | 8,816 |
| Noncontrolling interest | 295 | 295 |
| Total equity | 9,044 | 9,111 |
| Total liabilities and equity | $81,491 | $82,152 |
| 7 | 1Q25 FORM 10-Q REPORT |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.