First Horizon Corporation (FT2)
Summary
FT2 Chart
What First Horizon (FHN) Said on Its Q3 Earnings Call
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: Loan Repositioning Highlights A Mixed Q3
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.
First Horizon (FHN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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.
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First Horizon Corporation Profile
| Banks Industry | Financials Sector | D. Bryan Jordan CEO | XMUN Exchange | US3205171057 ISIN |
| US Country | 7,404 Employees | 11 Sep 2026 Last Dividend | 8 Dec 2010 Last Split | - IPO Date |
Overview
First Horizon Corporation stands as a notable bank holding company, anchoring its services through First Horizon Bank. It extends a comprehensive array of financial services diversified into Regional Banking and Specialty Banking segments. The corporation is vested in offering general banking services catering to a wide audience, including consumers, businesses, financial institutions, and governments. Established in 1864 and headquartered in the vibrant city of Memphis, Tennessee, First Horizon Corporation has entrenched its presence as a cornerstone in the financial landscape, delivering robust financial solutions and services.
Products and Services
- General Banking Services: Catering to consumers, businesses, and institutions with services such as deposits, loans, and financial planning.
- Underwriting and Securities: Providing underwriting services for bank-eligible and other fixed-income securities, alongside selling loans and derivatives.
- Investment and Advisory Services: Offering financial planning along with investment and financial advisory services to help clients manage their wealth effectively.
- Mortgage Banking: Specializing in mortgage banking services to assist clients with home financing and related needs.
- Loan Syndications and Brokerage Services: Offering syndication of loans and brokerage services, catering to diverse financial needs of clients.
- Commercial and Business Banking: Providing comprehensive banking solutions to business enterprises, including commercial and business banking services.
- Consumer Banking and Wealth Management: Delivering consumer banking services coupled with private client and wealth management services to help individuals grow and manage their wealth.
- Capital Markets and Professional Services: Offering capital markets services alongside professional services in commercial real estate, mortgage warehouse and asset-based lending, franchise and equipment finance, tax credit finance, energy and healthcare finance.
- Asset Management and Corporate Banking: Engaging in asset management and providing corporate banking services including corporate and correspondent banking.
- Transactional Processing Services: Providing a range of transaction processing services such as check clearing, remittance processing, as well as credit card services, investment, mutual fund and retail insurance sales, and a plethora of trust, fiduciary, and agency services.
Contact Information
