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First Horizon FHN Corporate — Interest Income (Expense), Operating

Other segment segments

Commercial, Consumer & Wealth
$654M+1.7%
Wholesale
$67M+15.5%

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Other financials

Income statement

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Revenue$887.0M+6.9%
Net income$270.0M+12.0%
EPS (diluted)$0.54+20.0%

Balance sheet

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Total debt$4.3B-10.0%
Total equity$9.2B+2.3%
Total assets$84.4B+2.9%

Cash flow

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Operating cash flow$585.0M+605%
CapEx$19.0M+111%
Free cash flow$566.0M+665%

Valuation

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Market cap$12.42B+14.0%
P/E11.8×-1.2×
P/S3.5×+0.1×

Profitability

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Net margin29.9%+3.6pp
FCF margin30.4%

Returns & leverage

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Return on equity11.6%+2.1pp
Debt / equity0.5×-0.1×

Where this comes from

Reported directly by First Horizon in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

The source filing: First Horizon’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000036966-26-000155
(Dollars in millions)Commercial, Consumer & WealthWholesaleCorporateConsolidated
Interest income$807$148$75$1,030
Interest expense23023101354
Funds transfer pricing77(58)(19)
Net interest income (expense)65467(45)676
Noninterest income1235830211
Total revenues777125(15)887
Noninterest expense (a)3767977532
Pre-provision net revenue (b)40146(92)355

Item 1. [Financial Statements](#i5fa0e3cbccce46a9bbf1ea1c199d896c_28)

FAQ

What is First Horizon's corporate — interest income (expense), operating?
First Horizon (FHN) reported corporate — interest income (expense), operating of -$45M in Q2 2026.
How has First Horizon's corporate — interest income (expense), operating changed year-over-year?
First Horizon's corporate — interest income (expense), operating increased by 25.0% year-over-year, from -$60M to -$45M.
What is the long-term trend for First Horizon's corporate — interest income (expense), operating?
Over 2 years (2021 to 2025), First Horizon's corporate — interest income (expense), operating has grown at a -28.1% compound annual growth rate (CAGR), from -$387M to -$200M.
What does corporate — interest income (expense), operating mean?
The net interest result for the corporate segment after accounting for internal funds transfer pricing and external interest activities. It represents the net contribution of the corporate treasury function to the firm's overall interest margin.

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