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Companies / Financials / First Horizon Corporation
FHN

First Horizon Corporation

FinancialsCommercial Banks
Ticker FHNMEMPHIS, TNFiscal year ends DecemberBook value per share $18.33Diluted shares 481.8M

First Horizon Corporation (NYSE: FHN) is a financial holding company that provides commercial, private, consumer and small-business banking, wealth and trust management, retail brokerage, capital markets, fixed-income and mortgage banking services, principally through First Horizon Bank. Its customers include… From the company’s description.

Over the twelve months to Sep 30, 2026, First Horizon Corporation reported revenue of $3.04B, down 6.6% from a year earlier, and net income of $727.00M. Its pre-tax margin was 30.5%. In fiscal 2025, it reported revenue of $3.42B, up 7.2% from fiscal 2024, and net income of $998.00M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$3.42BFY2025
+7.2% year over year
Last 12 mo $3.04B
37.44%FY2025
+5.9 percentage points
Last 12 mo 30.53%
$998.00MFY2025
+25.7% year over year
Last 12 mo $727.00M
11.10%FY2025
+2.3 percentage points
Last 12 mo 8.06%
Cash & financing
$628.00MFY2025
−50.5% year over year
Last 12 mo $1.88B
$595.00MFY2025
−51.4% year over year
Last 12 mo $1.82B
8.14FY2025
Was 7.96× a year earlier
Last 12 mo 8.13
511.1MFY2025
−6.1% year over year
Last 12 mo 481.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What First Horizon Corporation does

In the company’s own words

First Horizon Corporation (NYSE: FHN) is a financial holding company that provides commercial, private, consumer and small-business banking, wealth and trust management, retail brokerage, capital markets, fixed-income and mortgage banking services, principally through First Horizon Bank. Its customers include businesses, consumers, institutional investors and public-sector organizations. The company reports three segments: commercial, consumer & wealth; wholesale; and corporate. Commercial, consumer & wealth serves business and consumer clients with banking, lending, wealth management and treasury services, while wholesale provides fixed-income services and other specialized financing and banking products. In 2025, the commercial, consumer & wealth segment reported $2.57 billion in net interest income and $464 million in noninterest income; wholesale reported $233 million and $256 million, respectively. At year-end 2025, First Horizon had $84 billion in consolidated assets, more than 450 business locations across 23 states, and 7,404 associates. Founded in 1864 as First National Bank of Memphis, its business expanded through the 2020 merger of equals with IBERIABANK Corporation and the purchase of 30 branches from Truist Bank. Its website is www.firsthorizon.com.

Company details
Sector
Financials
Industry (SIC)
Commercial Banks
Headquarters
MEMPHIS, TN
Fiscal year end
December
CIK
36966
SIC
6021

Financial performance, year by year

Fiscal 2011–2025 · USD
$-364.62M$680.36M$1.73B$2.77B$3.82B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns First Horizon Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

453
funds hold it
0 of 35
superinvestors hold it
$4.28B
held by funds, at market
36.0%
of shares held by funds
2
bond issues held by funds

Largest fund holders · First Horizon Corporation’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.33%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.15%of fund net assets
iShares Select Dividend ETF
DVY · iShares Trust
—of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.26%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

First Horizon Corporation’s bonds, as funds hold them

Funds report holding 2 issues of First Horizon Corporation’s debt, $215.80M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.60%, maturing 2030 to 2031.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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