Quarterly ResultApr 15, 2026, 06:41 AM
First Horizon Q1 2026 NIAC up 21% to $257M, EPS $0.53
AI Summary
First Horizon Corporation reported strong first-quarter 2026 results, with net income available to common shareholders (NIAC) increasing 21% year-over-year to $257 million. Earnings per share rose to $0.53, up $0.12 from Q1 2025. The company achieved a 15.1% return on tangible common equity and saw a 9% increase in tangible book value per share year-over-year, reflecting disciplined execution and a strong credit culture.
Key Highlights
- Net income available to common shareholders (NIAC) rose 21% YoY to $257 million.
- Diluted EPS increased to $0.53, up $0.12 from Q1 2025.
- Return on tangible common equity reached 15.1% in Q1 2026.
- Tangible book value per share grew 9% year-over-year.
- Net interest income (FTE) was $670 million, with NIM at 3.52%.