Every material Form 8-K First Horizon filed with the SEC in 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 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 →