FHN

First Horizon Corporation

October 15, 2026 · pre-market

Rarity

2.01

Peak move

−4.41%

Float cap

$10.8B

First Horizon Corporation is a Memphis-based regional bank holding company whose principal subsidiary, First Horizon Bank, operates roughly 400 banking centers across about a dozen Southern states from Virginia and the Carolinas to Florida, Texas and Arkansas. It provides commercial and industrial lending, commercial real estate and consumer banking, plus wealth and trust management, retail brokerage, mortgage warehouse lending, and fixed-income sales, trading and underwriting. Customers are primarily commercial, consumer and governmental clients concentrated in the southern United States.

• Key eventTimed with the moveearnings_releaseOct 15 · 06:30 ET

  First Horizon Corporation reported third quarter 2026 results with a net loss available to common shareholders of $94 million, or $0.20 per share, adjusted EPS of $0.53 versus $0.52 consensus, revenue of $883 million versus $889.37 million consensus, net interest income of $686 million, and $347 million after-tax in notable items, and announced strategic balance sheet changes.

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• Timed with the movespinoff_divestitureOct 15 · 06:30 ET

  First Horizon agreed in early October to sell approximately $4.5 billion of select lower-yielding consumer mortgages, reclassifying the loans to held for sale, with the transaction expected to settle early in Q4 2026 and be accretive to earnings.

  Webfinance.yahoo.comWebbarchart.comWebprnewswire.comWebgurufocus.comWebmarketscreener.com
• Key eventmaterial_impairmentOct 15 · 07:32 ET

  First Horizon recorded $347 million after tax ($0.73 per share) in notable items, primarily a $473 million pre-tax loss from reclassifying about $4.5 billion of lower-yielding consumer mortgages to held for sale, with the sale agreement signed in early October expected to settle early in Q4 2026.

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• dividend_changeOct 15 · 07:41 ET

  First Horizon raised its quarterly dividend by $0.02 to $0.17 per share, disclosed with its third-quarter 2026 results.

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• operating_metricsOct 15

  First Horizon's Q3 2026 supplemental showed period-end loans of $59.8 billion, period-end deposits of $67.7 billion, net interest income of $686 million with a 3.48% net interest margin, and average client deposit balances up $1.3 billion.

  Webmarketscreener.com
• peer_disclosureOct 14 · 13:00 ET

  Regions Financial is scheduled to report Q3 2026 results on Oct. 16, with consensus estimates of $0.64 per share and $1.98 billion in revenue, and plans to add 130-150 branches over three to four years.

  Webca.finance.yahoo.com
• Key eventpeer_disclosureOct 14

  JPMorgan Chase, Citigroup and Wells Fargo reported higher third-quarter 2026 net interest income on October 13, followed by Bank of America on October 14, as lenders paid up to retain deposits.

  Websa.marketscreener.com
• peer_disclosureOct 13 · 16:30 ET

  FB Financial reported Q3 2026 results with net interest margin compressing to 3.83% from 3.95%, revenue of $174.5 million missing estimates near $181.6 million, loans growing at a 9.7% annualized rate and customer deposits up 11.2%.

  Webkalkine.com
• analyst_ratingOct 9

  Truist analyst lowered the price target on First Horizon to $25 from $27 while keeping a Hold rating, in a research note previewing Q3 results for regional banks.

  Webtipranks.com