FHN

First Horizon Corporation

October 15, 2026 · pre-market

Rarity
1.68
Peak move
+3.75%
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.

Where do you see this going?

no votes yet

Voting closed at 4:00 PM ET.

What we found

6 events · 0 from SEC or newswire · 0 timed with the move
  • dividend_change

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

  • Key eventmaterial_impairment

    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.

  • guidance_change

    First Horizon guided full-year 2026 adjusted revenue growth to the low end of its 3% to 7% range, with expenses expected to be flat year over year.

  • Key eventearnings_release

    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.

  • Key eventspinoff_divestiture

    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.

  • institutional_flow

    Reliant Investment Management LLC disclosed acquiring 226,490 First Horizon shares worth approximately $5.2 million, making the position 1.8% of its portfolio.