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AI brief of an SEC Form 8-K · First Horizon (FHN)

First Horizon Q4 2024 profit falls to $158 million; adjusted EPS $0.43

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyFirst Horizon (FHN)
Form8-K, current report
Filed with the SECJan 16, 2025, 6:45 AM ET
Accession number0000036966-25-000003

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 16, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.