First Horizon Stock Earnings Reports

First Horizon reported strong Q3 2025 operational and financial performance: adjusted EPS of $0.51 and adjusted ROTCE of 15%. Net interest income grew by $33 million and NIM expanded to 3.55%, helped in part by one-time accretion related to the Main Street lending program and growth in higher-yielding mortgage warehouse loans. Deposit retention remained high (~97% for repricing clients) despite quarter-end declines in brokered CDs; noninterest-bearing deposits increased. Period-end loans were roughly flat with C&I growth and normal seasonal declines in mortgage warehouse and CRE paydowns. Credit trends improved: net charge-offs fell to $26 million (17 bps) and ACL-to-loans declined to 1.38% with criticized/classified loans down. CET1 was 11.0%; management set a near-term CET1 target of 10.75% and accelerated buybacks ($190 million this quarter, ~8.6M shares), with $300M+ authorization remaining. Expense growth reflected a $20M contribution to the First Horizon Foundation and ongoing investments in technology and people; management still expects expenses may finish at the high end of guidance. FHN Financial produced strong fee revenue, but the firm flagged some recent volatility tied to market events. Management reiterated full-year revenue guidance, confidence in year-over-year PPNR growth and the multi-year goal to sustain 15%+ adjusted ROTCE, while keeping M&A optionality open for culturally and strategically aligned, footprint-focused, tuck-in opportunities in 2026 or later.