First Horizon Earnings Drop -2.2% as Rising Deposit Costs Bite
Will First Horizon's impressive commercial loan growth be completely wiped out by the relentless rise in regional deposit costs?
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. It operates through Regional Banking, Specialty Banking, and Corporate segments. The company offers commercial banking, business banking, consumer banking, private client investment, wealth management, financial planning, trust and asset management services, asset-based lending, commercial real estate, equipment finance/leasing, energy finance, international banking, healthcare finance, transportation and logistics finance, treasury management solutions, and loan syndications services. It also provides fixed income securities sales, trading, underwriting, and strategies for institutional clients; loan sales; portfolio…
| Quarter | Revenue | YoY | Net Income | EPS (dil.) | YoY | Gross Margin | Op. Margin |
|---|---|---|---|---|---|---|---|
| Q1 2026 Mar 2026 | $837.0M | +6.1% | $262.0M | $0.53 | +29.3% | — | — |
| Q4 2025 Dec 2025 | $863.0M | — | $262.0M | $0.52 | — | — | — |
| Q3 2025 Sep 2025 | $865.0M | — | $262.0M | $0.50 | — | — | — |
| Q2 2025 Jun 2025 | $807.0M | — | $241.0M | $0.45 | — | — | — |
| Q1 2025 Mar 2025 | $789.0M | — | $218.0M | $0.41 | — | — | — |
Data from Yahoo Finance. YoY compares the same quarter of the prior fiscal year.
Will First Horizon's impressive commercial loan growth be completely wiped out by the relentless rise in regional deposit costs?