8-K·October 15, 2026 at 6:30 AM EDT·2 sources
First Horizon Corp.: Results of operations
FHN -0.4%
FHN · last 30 trading days+2.9% since the news
News
stake, log scale$4.5B
$100M$1B$10B$100B
What happened
- First Horizon reported a third-quarter net loss available to common shareholders of $(94) million, or $(0.20) per share.
- Excluding notable items, adjusted third-quarter 2026 EPS was $0.53, down $0.01 sequentially and up $0.02 year over year.
- First Horizon agreed to sell ~$4.5 billion of lower-yielding consumer mortgages; the transaction is expected to settle early in the fourth quarter.
Net loss available to common shareholders
$(94) million
Reported loss per share
$(0.20)
Adjusted EPS, third quarter 2026
$0.53
Mortgage portfolio sale
~$4.5 billion
Why it matters
The results highlight the earnings impact of balance-sheet repositioning and a planned mortgage sale, relevant to financial-sector analysts, capital-markets professionals and advisors assessing credit, funding and growth priorities.
What to watch. The sale of the ~$4.5 billion mortgage portfolio is expected to settle early in the fourth quarter.
Deal terms
stake
~$4.5 billion of select lower-yielding consumer mortgages
Value
$4.5B
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Timeline
- First reported by PR NewswireOct 15First Horizon Corporation Reports Third Quarter 2026 Results and Announces Strategic Balance Sheet Changes to Support Earnings and Growth
- 8-K current reportOct 15First Horizon Corp.: Results of operations
Who is involved
First Horizon Corp.: Results of operations~$4.5 billion of select lower-yielding consumer mortgagestargetFirst Horizon CorporationFHNBryan Jordan
CompanyPerson
Sources (2)
Related
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- Oct 19 · Tammy LoCascio Named to American Banker's 2026 Most Powerful Women in Banking Women to Watch
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