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First Horizon FHN Corporate — Net occupancy expense

Other segment segments

Commercial, Consumer & Wealth
$19M-5.0%
Wholesale
$2M0.0%

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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:OccupancyNet.

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
Noninterest expense:
Personnel expense$142$52$110$304
Computer software922940
Net occupancy expense1921536
Operations services461626
Legal and professional fees311418
Advertising and public relations1717
Deposit insurance expense1212

Item 1. [Financial Statements](#i5fa0e3cbccce46a9bbf1ea1c199d896c_28)

FAQ

What is First Horizon's corporate — net occupancy expense?
First Horizon (FHN) reported corporate — net occupancy expense of $15M in Q2 2026.
How has First Horizon's corporate — net occupancy expense changed year-over-year?
First Horizon's corporate — net occupancy expense increased by 25.0% year-over-year, from $12M to $15M.
What is the long-term trend for First Horizon's corporate — net occupancy expense?
Over 3 years (2022 to 2025), First Horizon's corporate — net occupancy expense has grown at a 4.9% compound annual growth rate (CAGR), from $45M to $52M.
What does corporate — net occupancy expense mean?
Costs associated with maintaining physical branch locations and corporate offices, including rent, utilities, property taxes, and maintenance. This represents the overhead required to support the bank's physical footprint.

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