FHN First Horizon (FHN) Q3 FY26 earnings call
First Horizon executed a strategic mortgage portfolio sale in Q3 FY26, repositioning its balance sheet for enhanced profitability and client relationship focus. This move, alongside continued commercial loan growth and client deposit inflows, aims to improve future earnings and returns, despite some near-term pressure from lower fee income and increased provision expense. The company maintains a strong capital position and plans to resume share repurchases, signaling confidence in its strategic direction and financial outlook.
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FHN operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | This call Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| Common equity tier 1 ratio (CET1) | 10.53%On Slide 13, we ended the quarter with a CET1 of 10.53%, driven by buyback activity and loan growth in the quarter.Source: earnings call transcript | 10.5%On Slide 14, we ended the quarter with CET1 of 10.5%, which is in line with our near-term targets.Source: earnings call transcript | 10.3%On Slide 14, we ended the quarter with CET1 of 10.3%, which is down slightly from the prior quarter and reflects the impact of notable items, including the mortgage transaction we discussed.Source: earnings call transcript | -0.2 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.