FIRST HORIZON CORP
For the period ended Mar 31, 2026. Filed May 7, 2026.
View on SEC.govAbout this filing
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, 2026 · Filed May 7, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Equity (unaudited)
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
| Three Months Ended March 31, 2026 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock · Common Stock | |||||||||
| (In millions, except share and per share data) (unaudited) | Shares | Amount | Shares | Amount | CapitalSurplus | Retained Earnings | AccumulatedOtherComprehensiveIncome (Loss) (a) | Noncontrolling Interest | Total |
| Balance, December 31, 2025 | 8,750 | $349 | 484,825,395 | $303 | $3,974 | $5,031 | $(810) | $295 | $9,142 |
| Net income | — | — | — | — | — | 262 | — | 4 | 266 |
| Other comprehensive income (loss) | — | — | — | — | — | — | (22) | — | (22) |
| Cash dividends declared: | |||||||||
| Preferred stock | — | — | — | — | — | (5) | — | — | (5) |
| Common stock ($0.17 per share) | — | — | — | — | — | (83) | — | — | (83) |
| Preferred stock issuance (4,000 shares issued at $100,000 per share) | 4,000 | 392 | — | — | — | — | — | — | 392 |
| Common stock repurchased (b) | — | — | (9,578,588) | (6) | (229) | — | — | — | (235) |
| Excise tax on common stock repurchased | — | — | — | — | (2) | — | — | — | (2) |
| Common stock issued for: | |||||||||
| Stock options exercised and restricted stock awards | — | — | 475,425 | — | 3 | — | — | — | 3 |
| Stock-based compensation expense | — | — | — | — | 13 | — | — | — | 13 |
| Dividends declared - noncontrolling interest of subsidiary preferred stock | — | — | — | — | — | — | — | (4) | (4) |
| Balance, March 31, 2026 | 12,750 | $741 | 475,722,232 | $297 | $3,759 | $5,205 | $(832) | $295 | $9,465 |
(a)Due to the nature of the preferred stock issued by FHN and its subsidiaries, all components of other comprehensive income (loss) have been attributed solely to FHN as the controlling interest holder.
(b)Includes $233 million repurchased under FHN's general purchase program.
| Three Months Ended March 31, 2025 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock · Common Stock | |||||||||
| (In millions, except share and per share data) (unaudited) | Shares | Amount | Shares | Amount | CapitalSurplus | Retained Earnings | AccumulatedOtherComprehensiveIncome (Loss) (a) | Noncontrolling Interest | Total |
| Balance, December 31, 2024 | 16,750 | $426 | 524,280,412 | $328 | $4,808 | $4,382 | $(1,128) | $295 | $9,111 |
| Net income | — | — | — | — | — | 218 | — | 4 | 222 |
| Other comprehensive income (loss) | — | — | — | — | — | — | 145 | — | 145 |
| Cash dividends declared: | |||||||||
| Preferred stock | — | — | — | — | — | (5) | — | — | (5) |
| Common stock ($0.15 per share) | — | — | — | — | — | (78) | — | — | (78) |
| Common stock repurchased (b) | — | — | (17,657,334) | (11) | (354) | — | — | — | (365) |
| Excise tax on common stock repurchased | — | — | — | — | (3) | — | — | — | (3) |
| Common stock issued for: | |||||||||
| Stock options exercised and restricted stock awards | — | — | 692,106 | — | 3 | — | — | — | 3 |
| Stock-based compensation expense | — | — | — | — | 18 | — | — | — | 18 |
| Dividends declared - noncontrolling interest of subsidiary preferred stock | — | — | — | — | — | — | — | (4) | (4) |
| Balance, March 31, 2025 | 16,750 | $426 | 507,315,184 | $317 | $4,472 | $4,517 | $(983) | $295 | $9,044 |
(a)Due to the nature of the preferred stock issued by FHN and its subsidiaries, all components of other comprehensive income (loss) have been attributed solely to FHN as the controlling interest holder.
(b)Includes $360 million repurchased under FHN's general purchase program.
| 8 | 1Q26 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.