First Horizon

FHN

Market cap $11.9B

First Horizon Corporation (FHN) Q2 2026 Earnings Call Transcript

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 Corporation remains a 'hold' at current ~$25 levels, reflecting solid credit quality but deposit mix and reserve concerns. FHN's Q2 earnings beat was driven by a low tax rate, not core operations; deposit growth relied on expensive brokered funds, pressuring margins. NIM compressed in Q2 and faces near-term headwinds, but loan repricing offers longer-term upside; loan growth is steady, with manageable CRE and NDFI exposure.

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.

The headline numbers for First Horizon (FHN) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

First Horizon National (FHN) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.45 per share a year ago.

MEMPHIS, Tenn., July 15, 2026 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported second quarter net income available to common shareholders ("NIAC") of $260 million or earnings per share of $0.54, compared with first quarter 2026 NIAC of $257 million or earnings per share of $0.53 and second quarter 2025 NIAC of $233 million or earnings per share of $0.45.

MEMPHIS, Tenn., July 13, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today it has been honored by United Way of the Mid-South with one of three first-ever 2025 Community Trailblazer Awards.

BATON ROUGE, La., July 13, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today the naming of Craig A.

NEW ORLEANS, July 10, 2026 /PRNewswire/ -- First Horizon Bank (NYSE: FHN or "First Horizon") announced today the donation of its former banking center located at 4011 Canal Street in New Orleans to United Way of Southeast Louisiana in support of the organization's Prosperity Center initiative. The donation builds on both organizations' shared commitment to financial empowerment and long-term community stability throughout the Greater New Orleans region.