Every material Form 8-K First Horizon has filed with the SEC since July 17, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
First Horizon Corporation's boards elected Jeffrey R. Balser, a physician and academic health system executive, to the board effective October 26, 2026, and amended the bylaws to increase the board from twelve to thirteen members. The filing reports no financial results, and the changes are governance matters that add one board seat and one new director.
Jeffrey R. Balser elected to the board effective immediately on October 26, 2026.
Balser is President and CEO of Vanderbilt University Medical Center and Dean of Vanderbilt University School of Medicine.
Balser appointed to the Nominating and Corporate Governance Committee and the Information Technology Committee.
Bylaw Section 3.2 amended October 26, 2026 to set the board at thirteen members, up from twelve.
First Horizon reported a third-quarter 2026 net loss available to common shareholders of $(94) million, or $(0.20) per diluted share, driven by $347 million in after-tax notable items tied to a pending sale of about $4.5 billion of consumer mortgages agreed in early October. Excluding notable items, adjusted diluted EPS was $0.53, down $0.01 from the second quarter, and the sale is expected to settle early in the fourth quarter.
Notable items totaled $0.73 per share, or $347 million after tax, mainly from reclassifying targeted mortgage loans to held for sale.
Adjusted diluted EPS was $0.53, down $0.01 from second quarter 2026.
CET1 capital ratio was a preliminary 10.3%, down from 10.5% in second quarter 2026.
Average client deposit balances rose $1.3 billion in the quarter.
First Horizon reported second quarter 2026 net income available to common shareholders of $260 million, or $0.54 per diluted share, up from $233 million and $0.45 a year earlier. Results improved from the first quarter, when the company reported $257 million and $0.53 per share, and the company's return on common equity was 12.3%.
Net income available to common shareholders was $260 million, up 12% from $233 million in second quarter 2025.
Diluted EPS was $0.54, compared with $0.53 in first quarter 2026 and $0.45 in second quarter 2025.
Noninterest expense rose to $531 million, up $26 million from the prior quarter; the net interest margin was 3.49%, down 3 basis points.
Share repurchases totaled $100 million at an average price of $24.52 per share, and the CET1 ratio was 10.5%.
First Horizon reported first quarter 2026 net income available to common shareholders of $257 million, or $0.53 per diluted share, up from $213 million, or $0.41, a year earlier. Revenue of $862 million rose 6% from the prior-year quarter but fell 3% from the fourth quarter of 2025. The results are a routine quarterly release that shows year-over-year profit growth while the company also reported lower quarter-over-quarter net interest income and noninterest income.
Net income available to common shareholders was $257 million, up 21% from $213 million in first quarter 2025 and flat with fourth quarter 2025.
Diluted EPS was $0.53, compared with $0.41 a year earlier and $0.52 in fourth quarter 2025.
Noninterest expense was $505 million, down $40 million from fourth quarter 2025.
Share repurchases totaled $233 million at an average price of $24.54 per share, and CET1 ratio was an estimated 10.53%.
First Horizon reported full-year 2025 net income available to common shareholders of $956 million, or $1.87 per share, up from $1.36 in 2024, and fourth-quarter EPS of $0.52, up from $0.30 a year earlier. Quarter-over-quarter, fourth-quarter net income available to common shareholders rose 1% from the third quarter, and adjusted results were $259 million, or $0.52 per share, versus $263 million, or $0.51, in the third quarter. Shareholders benefit from strong full-year earnings growth and $894 million returned through share repurchases in 2025, while the company reported a lower CET1 ratio of 10.64%.
Full-year 2025 net income available to common shareholders was $956 million, or $1.87 per share, up 29% in dollars and 38% per share from 2024.
Fourth-quarter 2025 net income available to common shareholders was $257 million, or $0.52 per share, compared with $254 million, or $0.50, in third-quarter 2025.
Full-year net interest margin improved to 3.47%, up 12 basis points, and the CET1 ratio fell to 10.64% from 11.20% at year-end 2024.
Share repurchases returned $894 million to shareholders in 2025 at an average price of $21.16 per share.
On October 27, 2025, First Horizon's board elected Sital K. Mody as a director, effective immediately, and his appointment comes alongside a bylaw change that raises the board from 13 to 14 members. Mody is President of the Natural Gas Pipelines Group at Kinder Morgan, and the filing describes him as a committee appointee rather than a change in executive management.
Sital K. Mody, age 54, was elected to the board on October 27, 2025, effective immediately.
Mody is President of the Natural Gas Pipelines Group and a Vice President of Kinder Morgan, Inc.
Mody was appointed to the Nominating and Corporate Governance Committee and the Compensation Committee.
Section 3.2 of the bylaws was amended to set the board at 14 members, up from 13.
First Horizon reported third quarter 2025 net income available to common shareholders of $254 million, or $0.50 per diluted share, up from $233 million, or $0.45, in the second quarter. Total revenue rose 7% to $889 million, driven by higher net interest income and noninterest income, while noninterest expense also increased. The filing contains no guidance; it reports results and a shareholder-facing investor presentation.
Net income available to common shareholders: $254 million, EPS $0.50, versus $233 million and $0.45 in Q2 2025
Adjusted net income available to common shareholders: $263 million, or $0.51 per share, excluding notable items
Net interest income rose $33 million to $678 million (FTE); net interest margin was 3.55%, up 15 basis points
Noninterest expense rose $59 million to $551 million; the company repurchased shares totaling $190 million in the quarter
First Horizon's board elected Michael L. Moehn, Senior Executive Vice President and CFO of Ameren Corporation, as a director effective August 20, 2025, and amended its bylaws to increase board size from twelve to thirteen members. Moehn was also appointed to the Audit and Information Technology Committees, which matters to shareholders because it adds a finance executive to oversight of audit and technology functions.
Michael L. Moehn, age 56, elected to the board effective immediately on August 20, 2025
Board size increased from twelve to thirteen members under amended Section 3.2 of the bylaws
Moehn appointed to the Audit and Information Technology Committees
Filing states no arrangements or understandings with any other person regarding his selection
First Horizon said Senior Executive Vice President and Senior Strategic Executive David T. Popwell, 65, informed the company on August 4, 2025 that he will retire from his executive officer and employee roles effective December 31, 2025. The filing states his decision is not the result of any disagreement with the company.
David T. Popwell, 65, Senior Executive Vice President—Senior Strategic Executive, will retire
Notice given to the company on August 4, 2025
Retirement effective December 31, 2025
Filing states the decision is not due to any disagreement with the company
First Horizon reported second quarter 2025 net income available to common shareholders of $233 million, or $0.45 per diluted share, up from $213 million, or $0.41, in the first quarter. Total revenue rose $17 million to $830 million, and provision for credit losses fell $10 million to $30 million. The filing contains no updated financial guidance, and the results are furnished with an investor slide presentation.
Adjusted EPS was $0.45, compared with $0.42 in Q1 2025.
Total revenue was $830 million; net interest margin was 3.40%, down 2 basis points from Q1 2025.
Noninterest expense was $491 million, up $3 million; CET1 ratio was 11.0%, up 7 basis points from Q1 2025.
First Horizon reported first quarter 2025 net income available to common shareholders of $213 million, or $0.41 per diluted share, up from $158 million, or $0.29, in the fourth quarter of 2024. Excluding notable items, adjusted earnings were $217 million, or $0.42 per share, down $0.01 from the prior quarter, and total revenue rose to $812 million from $729 million. Shareholders benefit from higher reported profit, while the rise in loan-loss provisions and a lower adjusted per-share figure show some pressure beneath the headline gain.
Net income available to common shareholders was $213 million, or $0.41 per diluted share, versus $158 million, or $0.29, in fourth quarter 2024.
Adjusted net income available to common shareholders was $217 million, or $0.42 per share, versus $228 million, or $0.43, in fourth quarter 2024.
Provision for credit losses rose to $40 million from $10 million, and net charge-offs were $29 million, or 19 basis points.
Noninterest expense fell $21 million to $488 million, and $360 million of excess capital was returned to shareholders through share repurchases.
First Horizon Corporation disclosed that director Rosa Sugrañes informed the company on February 11, 2025 that she will retire from its board when directors are elected at the 2025 annual meeting of shareholders. The filing states she has not informed the company of any disagreement with management, and it does not name a replacement.
Rosa Sugrañes, age 67, informed FHN on February 11, 2025 that she will retire from the Board
Retirement takes effect when directors are elected at the 2025 annual meeting of shareholders
Sugrañes has served on the Board since the 2020 merger of equals with IBERIABANK Corporation
Filing states no disagreement with management on any matter
First Horizon Corporation elected Jeffrey J. Brown, former CEO of Ally Financial, to its board on January 27, 2025, and director Harry V. Barton, Jr. said he will retire at the 2025 annual meeting. The board also amended its bylaws to increase its size from 13 to 14 members until that meeting, after which it returns to 13. These are governance changes that do not include reported financial results.
Jeffrey J. Brown, age 51, elected to the board effective immediately; he will stand for shareholder election at the 2025 annual meeting and joins the Compensation, Executive, and Risk Committees
Harry V. Barton, Jr., age 70, will retire from the board when directors are elected at the 2025 annual meeting, scheduled for April 29, 2025
Bylaw Section 3.2 amended effective immediately to set board size at 14 members until the 2025 annual meeting, then 13
First Horizon reported fourth quarter 2024 net income available to common shareholders of $158 million, or $0.29 per share, down from $213 million, or $0.40, in the third quarter. Excluding notable items, adjusted earnings were $228 million, or $0.43 per share, up 2% from the prior quarter, after a $91 million after-tax loss from an opportunistic securities portfolio restructuring. For full year 2024, GAAP net income available to common shareholders was $738 million, or $1.36 per share, down from $1.54 in 2023, while adjusted results rose 5% to $843 million, or $1.55 per share.
Q4 2024 GAAP net income available to common shareholders: $158 million, or $0.29 per share, versus $213 million, or $0.40, in Q3 2024
Q4 2024 adjusted net income available to common shareholders: $228 million, or $0.43 per share, versus $224 million, or $0.42, in Q3 2024
Q4 2024 notable items included a $91 million loss on an AFS portfolio restructuring, reducing after-tax earnings by $71 million
Full year 2024 GAAP EPS was $1.36 versus $1.54 in 2023; adjusted EPS was $1.55 versus $1.43
First Horizon reported third quarter 2024 net income available to common shareholders of $213 million, or $0.40 per diluted share, up from $184 million, or $0.34, in the second quarter. Adjusted for notable items, earnings were $224 million, or $0.42 per share, and total revenue rose to $828 million from $815 million. Lower provision expense and continued share repurchases also bear on shareholder returns, though net interest margin declined and noninterest expense increased.
Net income available to common shareholders: $213 million, or $0.40 per share, versus $184 million, or $0.34, in Q2 2024
Adjusted net income available to common shareholders: $224 million, or $0.42 per share, versus $195 million, or $0.36, in Q2 2024
Net interest margin fell to 3.31% from 3.38%; provision for credit losses fell to $35 million from $55 million
Repurchased 5 million shares in Q3 2024 at an average price of $15.80; $441 million used year-to-date under a $650 million program
First Horizon reported second quarter 2024 net income available to common shareholders of $184 million, or $0.34 per diluted share, flat in dollars and up $0.01 from the first quarter. Total revenue fell to $815 million, and results were well below the year-earlier quarter, which included a $225 million merger termination gain. The company returned $212 million to shareholders through share repurchases.
Net income available to common shareholders was $184 million, or $0.34 per diluted share, versus $184 million, or $0.33, in first quarter 2024 and $317 million, or $0.56, in second quarter 2023.
Total revenue was $815 million, down 1% from $819 million in the first quarter and down 21% from $1,031 million a year earlier.
Adjusted EPS, excluding notable items, was $0.36 versus $0.35 in the first quarter and $0.39 in second quarter 2023.
First Horizon repurchased 13.9 million shares at a weighted average price of $15.26 and reached an 11.0% CET1 ratio, its near-term target.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every First Horizon filing is on SEC EDGAR ↗. 8-K briefs of other companies →