| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Interest and fees on loans and leases | 955 | 921 | ||
| Interest and fees on loans held for sale | 8 | 8 | ||
| Interest on investment securities | 71 | 71 | ||
| Interest on trading securities | 23 | 23 | ||
| Interest on other earning assets | 20 | 21 | ||
| Total interest income | 1,077 | 1,044 | ||
| Interest on deposits | 351 | 337 | ||
| Interest on trading liabilities | 5 | 6 | ||
| Interest on short-term borrowings | 28 | 38 | ||
| Interest on term borrowings | 19 | 22 | ||
| Total interest expense | 403 | 403 | ||
| Funds transfer pricing | 0 | 0 | ||
| Net interest income (expense) | 674 | 641 | ||
| Provision for credit losses | -5 | 30 | ||
| Net interest income after provision for credit losses | 679 | 611 | ||
| Fixed income | 57 | 42 | ||
| Deposit transactions and cash management | 43 | 41 | ||
| Brokerage, management fees and commissions | 26 | 26 | ||
| Card and digital banking fees | 19 | 19 | ||
| Other service charges and fees | 14 | 14 | ||
| Trust services and investment management | 13 | 13 | ||
| Mortgage banking income | 15 | 10 | ||
| Securities gains (losses), net | 0 | 0 | ||
| Other income | 28 | 24 | ||
| Total noninterest income | 215 | 189 | ||
| Personnel expense | 296 | 282 | ||
| Net occupancy expense | 36 | 34 | ||
| Computer software | 34 | 34 | ||
| Operations services | 24 | 23 | ||
| Legal and professional fees | 24 | 17 | ||
| Deposit insurance expense | 11 | 12 | ||
| Advertising and public relations | 12 | 14 | ||
| Equipment expense | 10 | 11 | ||
| Amortization of intangible assets | 9 | 10 | ||
| Contract employment and outsourcing | 11 | 8 | ||
| Communications and delivery | 8 | 8 | ||
| Contributions | 23 | - | ||
| Other expense | 52 | 38 | ||
| Cost allocations | 0 | 0 | ||
| Total noninterest expense | 550 | 491 | ||
| Income (loss) before income taxes | 344 | 309 | ||
| Income tax expense | 78 | 64 | ||
| Net income | 266 | 245 | ||
| Net income attributable to noncontrolling interest | 4 | 4 | ||
| Net income attributable to controlling interest | 262 | 241 | ||
| Preferred stock dividends | 8 | 8 | ||
| Net income available to common shareholders | 254 | 233 | ||
| Basic earnings per common share (in dollars per share) | 0.5 | 0.46 | ||
| Diluted average common shares (in shares) | 510,351,000 | 513,606,000 | ||
| Diluted earnings per common share (in dollars per share) | 0.5 | 0.45 | ||
| Weighted average common shares (in shares) | 504,863,000 | 508,125,000 | ||
FIRST HORIZON CORP (FHN)
FIRST HORIZON CORP (FHN)