Sep 2026 (Q3 FY26) — Oct 15, 2026
First Horizon Q3 FY26 — Strategic Mortgage Portfolio Sale and Balance Sheet Repositioning
Read the full callFirst Horizon earnings: last reported Thu, 15 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 887 | +6.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 270 | +12.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $20.28 on 17 Oct 2025 → $22.73. High $26.23 (6 Feb 2026), low $20.28 (17 Oct 2025).
Overview
Call summaries
First Horizon Q3 FY26 — Strategic Mortgage Portfolio Sale and Balance Sheet Repositioning
Read the full callFirst Horizon Q2 FY26 — Strong Loan Growth and PPNR Amidst Rate Volatility
Read the full callFirst Horizon Corporation Q1 FY26 — Strong Profitability and C&I Growth
Read the full callNews
From the news desk, item by item, hours after each call.
Every analysed call
Financials
Net profit, year on year: +12% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 827 | 729 | 812 | 830 | 889 | 888 | 862 | 887 |
| Profit before tax | 281 | 210 | 285 | 309 | 344 | 342 | 342 | 340 |
| Tax rate | 20.6% | 19.1% | 22.1% | 20.7% | 22.7% | 22.5% | 22.2% | 19.4% |
| Net profit | 218 | 166 | 218 | 241 | 262 | 261 | 262 | 270 |
| EPS ($ per share) | 0.40 | — | 0.41 | 0.46 | 0.50 | — | 0.54 | 0.55 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 199 | 195 | 347 | 333 | 336 | 349 | 328 | 303 |
| Reserves | 1,542 | 1,798 | 2,261 | 2,891 | 3,430 | 3,964 | 4,382 | 5,031 |
| Total liabilities | 36,047 | 38,235 | 75,902 | 80,598 | 70,406 | 72,370 | 73,041 | 74,734 |
| Fixed assets | 494 | 455 | 759 | 665 | 612 | 590 | 574 | 544 |
| Total assets | 40,832 | 43,311 | 84,209 | 89,092 | 78,953 | 81,661 | 82,152 | 83,876 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 234 | 830 | 172 | 725 | 2,291 | 1,299 | 1,268 | 628 |
| Cash from investing | 480 | -2,390 | -4,967 | -4,601 | 8,333 | -2,605 | -1,058 | -1,094 |
| Cash from financing | -761 | 1,422 | 5,176 | 4,016 | -10,869 | 1,494 | -404 | 524 |
| Net cash flow | -47 | -138 | 381 | 140 | -245 | 188 | -194 | 58 |
| Capital expenditure | -38 | -49 | -379 | -37 | -28 | -37 | -44 | -33 |
| Free cash flow | 196 | 781 | -207 | 688 | 2,263 | 1,262 | 1,224 | 595 |
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | 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.
84 filings between Oct 27, 2025 and Aug 20, 2026.
Purchases
None
No insider bought shares.
Sales
$6.12M
21 sales by 5 insiders
Also filed: 2 other filings, 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| POPWELL DAVID T | — | $3.31M | Nov 4, 2025 |
| JORDAN D BRYAN | — | $2.05M | Jan 29, 2026 |
| ARDOIN ELIZABETH A | — | $455.1K | Aug 20, 2026 |
| Fleming Jeff L. | — | $165.7K | Nov 12, 2025 |
| Restel Anthony J | — | $139.2K | Jan 29, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Option exercise | 4,258 | $79.5K |
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Option exercise | 3,763 | $67.5K |
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Option exercise | 3,324 | $59.6K |
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Sale | 6,724 | $167.1K |
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Option exercise | 1,000 | $15.3K |
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Sale | 3,324 | $82.6K |
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Option exercise | 3,502 | $65.4K |
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Option exercise | 6,724 | $103.2K |
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Sale | 3,763 | $93.5K |
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Sale | 1,000 | $24.8K |
| Aug 20, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Sale | 3,502 | $87.0K |
| May 12, 2026 | Hart Tanya L SEVP & Chief Human Rsrce Ofcr | Tax withheld | 4,907 | $117.3K |
| May 12, 2026 | LoCascio Tammy SEVP, Chief Operating Officer | Tax withheld | 14,175 | $338.8K |
| May 12, 2026 | Restel Anthony J SEVP, Chief Banking Officer | Tax withheld | 17,628 | $421.3K |
| May 12, 2026 | Fleming Jeff L. EVP & Chief Accounting Officer | Tax withheld | 980 | $23.4K |
| May 12, 2026 | Hart Tanya L SEVP & Chief Human Rsrce Ofcr | Tax withheld | 2,448 | $58.5K |
| May 12, 2026 | Dmuchowski Hope Sr. EVP & CFO | Tax withheld | 9,814 | $234.6K |
| May 12, 2026 | Fleming Jeff L. EVP & Chief Accounting Officer | Tax withheld | 737 | $17.6K |
| May 12, 2026 | Argo Ashley W Sr EVP, Chief Risk Officer | Tax withheld | 406 | $9.7K |
| May 12, 2026 | Argo Ashley W Sr EVP, Chief Risk Officer | Tax withheld | 599 | $14.3K |
| May 12, 2026 | Hung Thomas Sr EVP & Chief Credit Officer | Tax withheld | 408 | $9.8K |
| May 12, 2026 | JORDAN D BRYAN Chairman, President & CEO | Tax withheld | 46,272 | $1.11M |
| May 12, 2026 | Hung Thomas Sr EVP & Chief Credit Officer | Tax withheld | 360 | $8.6K |
| May 12, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Tax withheld | 9,879 | $236.1K |
| May 5, 2026 | Mody Sital K Director | Award | 5,913 | $0 |
| May 5, 2026 | Brown Jeffrey Jonathan Director | Award | 12,030 | $0 |
| May 5, 2026 | PALMER VICKI R Director | Award | 5,913 | $0 |
| May 5, 2026 | Maples Ricky E Director | Award | 12,030 | $0 |
| May 5, 2026 | MOEHN MICHAEL L Director | Award | 5,913 | $0 |
| May 5, 2026 | Stewart Cecelia D. Director | Award | 5,913 | $0 |
| May 5, 2026 | Carboni Velia Director | Award | 5,913 | $0 |
| May 5, 2026 | KEMP SR JAMES MICHAEL Director | Award | 9,991 | $0 |
| May 5, 2026 | Compton John C Director | Award | 14,070 | $0 |
| May 5, 2026 | DIETRICH JOHN W Director | Award | 5,913 | $0 |
| May 5, 2026 | Davidson Wendy P Director | Award | 5,913 | $0 |
| May 1, 2026 | Restel Anthony J SEVP, Chief Banking Officer | Other | 50 | $1.3K |
| May 1, 2026 | Restel Anthony J SEVP, Chief Banking Officer | Other | 3,000 | $75.0K |
| Apr 27, 2026 | LoCascio Tammy SEVP, Chief Operating Officer | Award | 36,022 | $0 |
| Apr 27, 2026 | JORDAN D BRYAN Chairman, President & CEO | Award | 117,590 | $0 |
| Apr 27, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Award | 23,276 | $0 |
| Apr 27, 2026 | Restel Anthony J SEVP, Chief Banking Officer | Award | 38,793 | $0 |
| Apr 27, 2026 | Dmuchowski Hope Sr. EVP & CFO | Award | 24,939 | $0 |
| Apr 27, 2026 | Hart Tanya L SEVP & Chief Human Rsrce Ofcr | Award | 12,469 | $0 |
| Mar 2, 2026 | Restel Anthony J SEVP, Chief Banking Officer | Tax withheld | 10,332 | $249.6K |
| Mar 2, 2026 | LoCascio Tammy SEVP, Chief Operating Officer | Tax withheld | 8,308 | $200.7K |
| Mar 2, 2026 | JORDAN D BRYAN Chairman, President & CEO | Tax withheld | 27,119 | $655.2K |
| Mar 2, 2026 | Hart Tanya L SEVP & Chief Human Rsrce Ofcr | Tax withheld | 2,876 | $69.5K |
| Mar 2, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Tax withheld | 5,790 | $139.9K |
| Mar 2, 2026 | Dmuchowski Hope Sr. EVP & CFO | Tax withheld | 5,752 | $139.0K |
| Feb 11, 2026 | ARDOIN ELIZABETH A SEVP, Chief Communications Ofc | Award | 4,647 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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