First Horizon NYSE: FHN reported adjusted earnings per share of $0.53 for the third quarter of 2026, up 4% from a year earlier, while outlining a planned sale of approximately $4.5 billion of lower-yielding residential mortgage loans as part of a broader balance-sheet and mortgage-business realignment.
First Horizon (FHN) is rated a 'hold' as balance sheet repositioning and higher deposit costs weigh on near-term upside. FHN's $4.5B mortgage sale accelerates reinvestment at higher yields, boosting future NII and EPS but takes a current capital hit. Deposit growth remains solid amid competitive Southeast markets, but rising funding costs are compressing net interest margins.
While the top- and bottom-line numbers for First Horizon (FHN) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
First Horizon National (FHN) came out with quarterly earnings of $0.53 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.51 per share a year ago.
Besides Wall Street's top-and-bottom-line estimates for First Horizon (FHN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2026.
First Horizon (FHN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
First Horizon Corporation (FHN) Presents at Barclays 24th Annual Global Financial Services Conference Transcript
Shares of First Horizon Corporation FHN have gained 9.4% in the past year, outperforming the industry's 8.9% growth.
First Horizon (FHN) reported earnings 30 days ago. What's next for the stock?
First Horizon's Q2'26 results gain from higher NII, fee income and balance growth. Yet, shares fall nearly 3% as expenses rise and capital ratios weaken.
First Horizon Corporation delivered Q2 2026 results with revenue and EPS exceeding analyst expectations, yet shares declined 3%. FHN demonstrates robust asset quality, with return on assets at 1.31% and return on equity at 12.33%, both outperforming peers. Deposit and loan growth remain solid, while management strategically shifts toward commercial lending and boosts liquidity by reducing debt.
First Horizon NYSE: FHN reported higher adjusted earnings and continued loan growth in the second quarter of 2026, with management saying the bank remains on track with its full-year expectations despite deposit competition, rate uncertainty and volatility affecting fixed income revenue.