FIRST HORIZON CORP (FHN) Earnings History

FIRST HORIZON CORP - Q4 FY2025 Earnings

Filed at: Jan 15, 2026, 6:34 AM EST|Read from source

EXECUTIVE SUMMARY

First Horizon Corporation reported a strong full-year 2025 with significant net income and EPS growth, driven by revenue strength and improved credit performance. The fourth quarter also showed solid results, closing out a successful year.

POSITIVE HIGHLIGHTS

  • •

    Full Year 2025 Net Income Available to Common Shareholders (NIAC) increased 29% to $956 million.

    positive
  • •

    Full Year 2025 EPS increased 38% to $1.87 compared to $1.36 in 2024.

    positive
  • •

    Full Year 2025 total revenue increased 7% to $3.42 billion.

    positive
  • •

    Full Year 2025 net interest income increased 4% to $2.62 billion, driven by lower deposit pricing and higher loan balances.

    positive
  • •

    Full Year 2025 provision for credit losses decreased 57% to $65 million.

    positive
  • •

    Fourth Quarter 2025 Net Income Available to Common Shareholders grew 1% to $257 million.

    positive
  • •

    Fourth Quarter 2025 EPS was $0.52, up 4% from $0.50 in the prior quarter.

    positive

CONCERNS & RISKS

  • •

    Full Year 2025 effective tax rate increased to 22.1% from 21.0% in 2024.

    attention
  • •

    Capital ratios (CET1, Tier 1, Total Capital) decreased year-over-year.

    attention
  • •

    Net interest margin decreased 4 basis points in the fourth quarter compared to the third quarter.

    attention
  • •

    Net charge-off ratio increased slightly in the fourth quarter to 0.19% from 0.17% in the prior quarter.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$888.00M
+21.8%
Prior year: $729.00M
Annual (YTD)
$3.42B
N/A
Prior year: $3.19B
Net Income
Quarterly
$266.00M
+56.5%
Prior year: $170.00M
Annual (YTD)
$998.00M
N/A
Prior year: $794.00M
EPS (Diluted)
Quarterly
$0.52
+79.3%
Prior year: $0.29
Annual (YTD)
$1.87
N/A
Prior year: $1.36
Operating Income
Quarterly
N/A
N/A
EPS (Basic)
Quarterly
$0.52
+73.3%
Prior year: $0.30
Annual (YTD)
$1.89
N/A
Prior year: $1.37

MARGIN ANALYSIS

Margin metrics will be available once backend extracts data from insights_json

REVENUE BY SEGMENT — Q4 FY2025 2025

VISUAL OVERVIEW

|
Commercial, Consumer, and Wealth
0.0%
N/A
Wholesale
0.0%
N/A
Corporate
0.0%
N/A

DETAILED BREAKDOWN

|
SegmentCurrentPrior YrYoY% Total
Commercial, Consumer, and Wealth
N/A———
Wholesale
N/A———
Corporate
N/A———
Total Revenue$0.00M——100.0%

Segment performance shows business unit health and growth drivers.

SPECIAL ITEMS & ADJUSTMENTS

4Q25
FDIC special assessment
Expense credit
+$7M
4Q25
Visa derivative valuation expenses
+$10M
4Q24
Loss on AFS portfolio restructuring
+$91M
4Q24
FDIC special assessment
+$1M
2025
Deferred compensation adjustment
+$4M
2024
Loss on AFS portfolio restructuring
+$91M
2024
FDIC special assessment
+$9M
2024
Other notable expenses
+$25M
Total Impact
+$238M

Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.

MANAGEMENT COMMENTARY

Consistent execution of strategy has driven tremendous earnings growth throughout the year.

— FIRST HORIZON CORP, Q4 FY2025 2025 Earnings Call

Focus remains on deepening client relationships, maximizing revenue opportunities, and enhancing products and capabilities.

— FIRST HORIZON CORP, Q4 FY2025 2025 Earnings Call

Disciplined risk management, resilient balance sheet, and operations in robust markets position the company for sustainable growth.

— FIRST HORIZON CORP, Q4 FY2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Allowance For Credit Losses To Loans Ratio
1.3
Prior year: 1.4
percent
Net Charge Off Ratio
0.2
Prior year: 0.2
percent
Net Interest Margin
3.5
Prior year: 3.3
percent

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.