FIRST HORIZON CORP

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

FHN$23.56+0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

ITEM 8. FINANCIAL STATEMENTS & SUPPLEMENTARY DATA
Table of Contents	CONSOLIDATED STATEMENTS OF INCOME

	Year Ended December 31,
(Dollars in millions, except per share data; shares in thousands)	2025	2024	2023
Interest income
Interest and fees on loans and leases	$3,698	$3,874	$3,575
Interest and fees on loans held for sale	34	36	51
Interest on investment securities	282	241	247
Interest on trading securities	91	85	78
Interest on other earning assets	81	116	149
Total interest income	4,186	4,352	4,100
Interest expense
Interest on deposits	1,339	1,620	1,266
Interest on trading liabilities	26	24	12
Interest on short-term borrowings	121	130	210
Interest on term borrowings	78	67	72
Total interest expense	1,564	1,841	1,560
Net interest income	2,622	2,511	2,540
Provision for credit losses	65	150	260
Net interest income after provision for credit losses	2,557	2,361	2,280
Noninterest income
Fixed income	206	187	133
Deposit transactions and cash management	169	176	179
Brokerage, management fees and commissions	105	101	90
Card and digital banking fees	74	77	77
Other service charges and fees	60	51	54
Trust services and investment management	51	48	47
Mortgage banking income	43	35	23
Gain on merger termination	—	—	225
Securities gains (losses), net	1	(89)	(4)
Other income	88	93	103
Total noninterest income	797	679	927
Noninterest expense
Personnel expense	1,159	1,137	1,100
Net occupancy expense	139	130	123
Computer software	138	121	111
Operations services	96	94	87
Legal and professional fees	86	64	49
Advertising and public relations	54	48	71
Deposit insurance expense	42	64	122
Contract employment and outsourcing	38	51	49
Amortization of intangible assets	38	44	47
Contributions	26	18	61
Other expense	258	264	259
Total noninterest expense	2,074	2,035	2,079
Income before income taxes	1,280	1,005	1,128
Income tax expense	282	211	212
Net income	$998	$794	$916

ITEM 8. FINANCIAL STATEMENTS & SUPPLEMENTARY DATA
Table of Contents	CONSOLIDATED STATEMENTS OF INCOME

Net income attributable to noncontrolling interest	16	19	19
Net income attributable to controlling interest	$982	$775		$897
Preferred stock dividends	26	37	32
Net income available to common shareholders	$956	$738		$865
Basic earnings per share	$1.89	$1.37		$1.58
Diluted earnings per share	$1.87	$1.36		$1.54
Weighted average common shares	505,130	540,317		548,410
Diluted average common shares	511,107	544,285		561,732

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.