First Horizon Corp (FHN)
First Horizon Corp brought in $3B of revenue over the twelve months to September 30, 2026, down 6.6% from a year earlier. Net income was $710M, a net margin of 23.3%. Operating cash flow minus capital spending left $595M of free cash flow in fiscal 2025. At September 30, 2026 it held $2B in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about First Horizon Corp
- Net worth
- First Horizon Corp has a market value (market cap) of $11.1B at the latest share price, and shareholders' equity of $8.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $3.4B (+7.2% year on year), with net income of $982M. Over the 12 months to September 30, 2026: revenue $3B, net income $710M.
- Cash flow
- In fiscal 2025 operations brought in $628M of cash; after $33M of capital spending, free cash flow was $595M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- First Horizon Corp's next report is expected around January 14, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- First Horizon Corp declared dividends of $0.60 per share in fiscal 2025, a yield of 2.55% at the current price.
What First Horizon Corp does
First Horizon Corp is registered with the SEC under industry code SIC 6021 (National Commercial Banks). Its shares trade on NYSE under the ticker FHN.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $3.4B | $982M | $1.87 | $595M |
| 2024 | $3.2B | $775M | $1.36 | $1.2B |
| 2023 | $3.5B | $897M | $1.54 | $1.3B |
| 2022 | $3.2B | $900M | $1.53 | $2.3B |
| 2021 | n/a | $999M | $1.74 | $688M |
| 2020 | n/a | $845M | $1.89 | -$207M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where FHN ranks in Finance
Dividends
First Horizon Corp declared $0.60 per share in fiscal 2025. At the current price that is a yield of 2.55%. It paid out $314M in cash dividends, 32% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.60 | $314M | 32% |
| 2024 | $0.60 | $332M | 43% |
| 2023 | $0.60 | $335M | 37% |
| 2022 | $0.60 | $324M | 36% |
| 2021 | $0.60 | $333M | 33% |
| 2020 | $0.60 | $222M | 26% |
Latest SEC filings
What First Horizon Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 54% to $407M versus the same quarter last year; diluted EPS -$0.20 versus $0.50.
- October 27, 2026
- October 26, 2026Form 13F-HR filing 13F-HR
- October 15, 2026
- October 5, 2026Passive stake (5% or more) SCHEDULE 13G
- September 9, 2026Passive stake (5% or more) SCHEDULE 13G
- August 10, 2026Form N-PX filing N-PX
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 6.9% to $887M versus the same quarter last year; diluted EPS $0.54 versus $0.45.
- July 28, 2026
- July 20, 2026Form 13F-HR filing 13F-HR
What is FHN worth? A DCF from its reported cash flow
Insider trades
What the people running First Horizon Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $455.1K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 29, 2026 | Balser Jeffrey R.Director | Received as pay | 5,664 | - |
| October 26, 2026 | LoCascio TammySEVP, Chief Operating Officer | Shares withheld for tax | 3,909 | $91.6K |
| October 26, 2026 | Restel Anthony JSEVP, Chief Banking Officer | Shares withheld for tax | 9,028 | $211.5K |
| August 20, 2026 | Ardoin Elizabeth ASEVP, Chief Communications Ofc | Exercised options | 4,258 | $79.5K |
| August 20, 2026 | Ardoin Elizabeth ASEVP, Chief Communications Ofc | Exercised options | 3,502 | $65.4K |
| August 20, 2026 | Ardoin Elizabeth ASEVP, Chief Communications Ofc | Sold | 3,502 | $87K |
| August 20, 2026 | Ardoin Elizabeth ASEVP, Chief Communications Ofc | Exercised options | 3,763 | $67.5K |
| August 20, 2026 | Ardoin Elizabeth ASEVP, Chief Communications Ofc | Sold | 3,763 | $93.5K |
Who owns FHN
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Millennium Management LLC13G, passive with 3 related filers | 5.6% | October 5, 2026 |
| Vanguard Capital Management13G, passive | 5.3% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 673 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 58,706,667 | +1,546,691 |
| Bank of New York Mellon Corp | 29,151,537 | -293,774 |
| Vanguard Portfolio Management LLC | 22,421,450 | -477,996 |
| Vanguard Capital Management LLC | 21,392,091 | -222,128 |
| State Street Corp | 18,390,057 | +43,798 |
| Dimensional Fund Advisors LP | 16,382,049 | +787,324 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 12,731,777 | -1,553,047 |
| North Reef Capital Management LP | 9,201,256 | -5,251,952 |
| Geode Capital Management, LLC | 9,052,528 | -76,800 |
| Aqr Capital Management LLC | 8,832,027 | +1,286,274 |
| Citadel Advisors LLC | 8,080,977 | +1,143,016 |
| Artemis Investment Management LLP | 7,176,822 | +1,420,344 |
| Fmr LLC | 6,428,624 | +11,727 |
| Millennium Management LLC | 6,171,769 | -127,510 |
| Norges Bank | 6,099,706 | new |
| Morgan Stanley | 5,419,743 | -553,589 |
| Invesco Ltd. | 4,992,433 | +410,505 |
| William Blair Investment Management, LLC | 4,808,223 | -249,869 |
| Clearbridge Investments, LLC | 4,659,511 | -343,086 |
| FIL Ltd | 4,337,138 | -92,357 |
Insiders
22 insiders reported holding 3,697,043 shares in total, about $87M at the last price.
| Holder | Shares |
|---|---|
| Jordan D BryanChairman, President & CEO, Director | 999,502 |
| Restel Anthony JSEVP, Chief Banking Officer | 649,207 |
| LoCascio TammySEVP, Chief Operating Officer | 387,950 |
| Ardoin Elizabeth ASEVP, Chief Communications Ofc | 340,368 |
| Dmuchowski HopeSr. EVP & CFO | 180,351 |
| Compton John CDirector | 178,856 |
| Fleming Jeff L.EVP & Chief Accounting Officer | 131,661 |
| Maples Ricky EDirector | 130,835 |
| Palmer Vicki RDirector | 118,771 |
| Davidson Wendy PDirector | 102,729 |
Questions about FHN
What does First Horizon Corp do?
First Horizon Corp is a company in the Finance sector, listed on NYSE as FHN. Its shares trade on NYSE under the ticker FHN.
What is First Horizon Corp's net worth?
First Horizon Corp has a market value (market cap) of $11.1B at the latest share price, and shareholders' equity of $8.8B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is First Horizon Corp profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $710M on revenue of $3B, a net margin of 23.3%.
How much revenue does First Horizon Corp make?
Over the twelve months to September 30, 2026 First Horizon Corp reported revenue of $3B. That is 6.6% less than a year earlier.
When did First Horizon Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the planned insider sale (amended) from November 9, 2026.
When is First Horizon Corp's next earnings report?
First Horizon Corp's next report is expected around January 14, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does First Horizon Corp pay a dividend?
Yes. First Horizon Corp declared dividends of $0.60 per share in fiscal 2025, a yield of 2.55% at the current price.
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Where the numbers come from
Financial figures are the values First Horizon Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.