FIRST HORIZON CORP

For the period ended Mar 31, 2026. Filed May 7, 2026.

About 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

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

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Contents

Consolidated Statements of Income (unaudited)

PART I, ITEM 1. FINANCIAL STATEMENTS

Table of Contents

CONSOLIDATED STATEMENTS OF INCOME

	Three Months Ended March 31,
(Dollars in millions, except per share data; shares in thousands) (Unaudited)	2026	2025
Interest income
Interest and fees on loans and leases	$885	$895
Interest and fees on loans held for sale	7	9
Interest on investment securities	71	69
Interest on trading securities	23	20
Interest on other earning assets	18	21
Total interest income	1,004	1,014
Interest expense
Interest on deposits	284	329
Interest on trading liabilities	7	7
Interest on short-term borrowings	28	29
Interest on term borrowings	18	18
Total interest expense	337	383
Net interest income	667	631
Provision for credit losses	15	40
Net interest income after provision for credit losses	652	591
Noninterest income
Fixed income	53	49
Deposit transactions and cash management	43	40
Brokerage, management fees and commissions	29	26
Card and digital banking fees	18	18
Other service charges and fees	16	12
Trust services and investment management	13	12
Mortgage banking income	9	8
Securities gains (losses), net	(1)	—
Other income	15	16
Total noninterest income	195	181
Noninterest expense
Personnel expense	289	279
Computer software	38	32
Net occupancy expense	35	35
Operations services	25	23
Legal and professional fees	16	14
Deposit insurance expense	13	13
Equipment expense	11	10
Advertising and public relations	10	10
Amortization of intangible assets	8	10
Other expense	60	61
Total noninterest expense	505	487
Income before income taxes	342	285
Income tax expense	76	63
Net income	$266	$222
Net income attributable to noncontrolling interest	4	4
Net income attributable to controlling interest	$262	$218
Preferred stock dividends	5	5
Net income available to common shareholders	$257	$213
Basic earnings per common share	$0.54	$0.41
Diluted earnings per common share	$0.53	$0.41
Weighted average common shares	480,307	517,116
Diluted average common shares	486,868	523,423

6	1Q26 FORM 10-Q REPORT

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.