First Horizon Corporation Announces Q2 2026 Earnings Results and Investor Presentation on July 15, 2026

First Horizon Files Q2 2026 Earnings Disclosure on July 15, 2026

On July 15, 2026, First Horizon Corporation formally furnished its Second Quarter 2026 Earnings Release (Exhibit 99.1), reporting operational and financial results for the quarter ended June 30, 2026. This public release aligns with the company’s regular quarterly reporting schedule, providing investors with a structured update on recent performance.

Simultaneously, the company furnished an Investor Slide Presentation (Exhibit 99.2) covering the same period. Released under Regulation FD Disclosure requirements, this presentation ensures material information is made available to all investors concurrently. Both exhibits reflect information as of their release dates, with no obligation for future updates.

Registered Securities and Exchange Listings as of Filing Date

First Horizon Corporation maintains multiple securities registered under Section 12(b) of the Securities Exchange Act of 1934. Its primary equity security is $0.625 par value Common Capital Stock, traded on the NYSE under ticker FHN. Additionally, three series of preferred depositary shares trade on the NYSE: Series E (FHN PR E), Series F (FHN PR F), and Series H (FHN PR H).

Each preferred depositary share represents a 1/4,000th interest in a share of Non-Cumulative Perpetual Preferred Stock. The non-cumulative, perpetual nature of these preferred shares impacts dividend treatment and risk profiles relative to common equity, an important consideration for preferred stock investors.

Non-GAAP Financial Metrics Presented in Q2 2026 Exhibits

The furnished exhibits include non-GAAP financial measures that do not conform to U.S. generally accepted accounting principles (GAAP) or current U.S. banking regulations applicable to First Horizon. Management believes these measures provide valuable insight into the company’s financial condition, capital position, and business segment performance. These non-GAAP figures are also used internally by management and the Board of Directors.

Reconciliations of non-GAAP measures to the most comparable GAAP metrics are provided near the end of Exhibit 99.1 (Earnings Release) and Exhibit 99.2 (Investor Presentation). The exhibits also contain forward-looking guidance on certain non-GAAP metrics, which cannot be reconciled to GAAP without unreasonable effort due to unavailable information on all necessary variables.

Disclosure of Regulatory Capital Metrics: CET1, Tier 1 Capital, and Risk-Weighted Assets

In addition to non-GAAP disclosures, the exhibits present regulatory capital metrics consistent with regulatory standards but not classified as GAAP. These include Common Equity Tier 1 capital (CET1), defined as common equity minus goodwill, intangibles, and other regulatory deductions. CET1 is a key indicator of the bank’s loss-absorbing capacity.

The filing also reports Tier 1 capital, comprising core capital elements adjusted under risk-based capital rules, and risk-weighted assets (RWA), which measure on- and off-balance sheet assets weighted for credit and market risk. Capital ratios for the quarter are provided as estimates, a standard practice for preliminary quarterly regulatory disclosures.

Forward-Looking Statements and Risk Factors in Q2 2026 Release

Each furnished exhibit contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements relate to future operations, strategies, financial results, and other developments and include language such as "believe," "expect," "anticipate," "intend," "estimate," "should," "is likely," and "will."

First Horizon cautions that such statements rely on estimates and assumptions subject to significant uncertainties and factors beyond its control. Future business decisions, including acquisitions or divestitures, may cause actual results to differ materially from projections. The company disclaims any obligation to update forward-looking statements in any future filings or releases.

Preferred Stock Series H Depositary Shares and NYSE Symbol FHN PR H

The filing highlights the Non-Cumulative Perpetual Preferred Stock, Series H, represented by Depositary Shares trading on the NYSE as FHN PR H (also referenced as FHN-PH). Each share represents a 1/4,000th interest in one preferred share. Investors tracking this preferred series should note this report as the latest public update on financial results.

As non-cumulative preferred shares, Series H does not accumulate unpaid dividends, distinguishing it from cumulative preferred securities. While the current filing does not disclose dividend declarations or payments, such details would be found in the detailed exhibits.

Corporate Structure and Headquarters of First Horizon Corporation

First Horizon Corporation is incorporated in Tennessee with headquarters at 165 Madison Avenue, Memphis, TN 38103. Its SEC Commission File Number is 001-15185, and IRS Employer Identification Number is 62-0803242. The company is not classified as an emerging growth company and complies with full reporting and accounting standards applicable to established registrants.

First Horizon’s Central Index Key (CIK) is 0000036966. As a Tennessee-chartered financial holding company with multiple classes of exchange-listed securities, it maintains ongoing reporting obligations for both common and preferred shares. This quarterly earnings disclosure is part of its standard regulatory and investor communication cycle, with the furnished exhibits serving as the primary source of detailed financial data each quarter.

Exhibit Filing Status and Technical Details

The report distinguishes between exhibits that are "furnished" versus those that are formally "filed" with the SEC. Exhibits 99.1 (Earnings Release) and 99.2 (Investor Presentation) are furnished under Items 2.02 and 7.01 and are not considered "filed" under the Securities Exchange Act of 1934. This limits legal liability and prevents incorporation by reference into other SEC filings.

Exhibit 104, a Cover Page Interactive Data File in Inline XBRL format, accompanies the report. This machine-readable file facilitates electronic processing of key filing information by regulators and data aggregators. Analysts and investors accessing financial data terminals or regulatory databases can retrieve structured data from this exhibit alongside narrative content.

Non-GAAP Guidance and Peer Comparability in Banking Sector

The report notes that while calculation methods for non-GAAP metrics may vary across financial institutions, First Horizon’s management considers these measures relevant for understanding the company’s financial condition and segment results. Such disclosures are common among U.S. regional banks, where metrics like adjusted return on tangible common equity, adjusted efficiency ratios, and tangible book value per share are widely used for peer comparisons.

Including regulatory capital metrics such as CET1 and Tier 1 ratios alongside non-GAAP operating measures enables investors to evaluate First Horizon’s performance on both GAAP-adjusted and regulatory capital adequacy bases. These regulatory measures provide meaningful comparability with other banks subject to similar capital requirements. For full quantitative details, investors should consult the detailed exhibits.

Rounding and EPS Presentation Notes in Q2 2026 Materials

The report includes standard disclosures that numbers in exhibits may not sum precisely due to rounding, and earnings per share (EPS) figures are presented on a fully diluted basis. This ensures readers understand minor numerical discrepancies are due to rounding conventions, not errors.

Capital ratios for the recent quarter are presented as estimates, reflecting preliminary regulatory capital figures common in initial quarterly earnings releases. These figures may be adjusted in subsequent formal regulatory filings. Investors and analysts should consider potential revisions when modeling First Horizon’s capital position based on these preliminary disclosures dated July 15, 2026.