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First Horizon FHN Commercial, Consumer & Wealth — Income tax expense (benefit)

Other segment segments

Corporate
-$26M+16.1%
Wholesale
$8M0.0%

Similar metrics at other companies

Webster Financial Corporation logo
WBSConsumer Banking — Income Tax
$26.84M-22.7%
First Citizens BancShares logo
FCNCACommercial Bank — Income tax expense (benefit)
$42M+40.0%
Citizens Financial Group logo
CFGConsumer Banking — Income Tax
$131M+14.9%
Regions Financial logo
RFConsumer Bank — Income Tax
$79M-1.3%
Webster Financial Corporation logo
WBSCommercial Banking — Income Tax
$49.06M-13.4%
First Citizens BancShares logo
FCNCACommercial Bank — Income Tax
$95M+31.9%

Other financials

Income statement

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Revenue$862.0M+6.2%
Net income$262.0M+20.2%
EPS (diluted)$0.53+29.3%

Balance sheet

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Cash & equivalents$1.9B
Total debt$5.5B0.0%
Total equity$9.2B+4.8%
Total assets$84.1B+3.2%

Cash flow

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Operating cash flow$278.0M-20.3%
CapEx$8.0M-11.1%
Free cash flow$270.0M-20.6%

Valuation

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Market cap$11.78B+8.9%
P/E11.5×-2.0×
P/S3.4×0.0×

Profitability

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Net margin29.6%+4.4pp
FCF margin30.4%

Returns & leverage

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Return on equity11.5%+2.4pp
Debt / equity0.6×0.0×

Where this comes from

Reported directly by First Horizon in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: First Horizon’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Horizon's commercial, consumer & wealth — income tax expense (benefit)?
First Horizon (FHN) reported commercial, consumer & wealth — income tax expense (benefit) of $94M in Q1 2026.
How has First Horizon's commercial, consumer & wealth — income tax expense (benefit) changed year-over-year?
First Horizon's commercial, consumer & wealth — income tax expense (benefit) increased by 9.3% year-over-year, from $86M to $94M.
What is the long-term trend for First Horizon's commercial, consumer & wealth — income tax expense (benefit)?
Over 3 years (2022 to 2025), First Horizon's commercial, consumer & wealth — income tax expense (benefit) has grown at a 5.1% compound annual growth rate (CAGR), from $319M to $370M.
What does commercial, consumer & wealth — income tax expense (benefit) mean?
The amount of income tax attributed to the commercial, consumer, and wealth segment.
How do you interpret commercial, consumer & wealth — income tax expense (benefit)?
Changes often reflect fluctuations in pre-tax earnings or shifts in the effective tax rate rather than operational performance.
How does commercial, consumer & wealth — income tax expense (benefit) compare across companies?
Standard tax expense allocation across business units in large financial institutions.