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First Horizon FHN Wholesale — Average assets

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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 fhn:SegmentReportingAverageAssets.

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
Income (loss) before income taxes40023(83)340
Income tax expense (benefit)965(35)66
Net income (loss)$304$18$(48)$274
Average assets$59,991$10,544$13,562$84,097
Depreciation and amortization101920
Expenditures for long-lived assets71219
Three Months Ended June 30, 2025
(Dollars in millions)Commercial, Consumer & WealthWholesaleCorporateConsolidated

Item 1. [Financial Statements](#i5fa0e3cbccce46a9bbf1ea1c199d896c_28)

FAQ

What is First Horizon's wholesale — average assets?
First Horizon (FHN) reported wholesale — average assets of $10.54B in Q2 2026.
How has First Horizon's wholesale — average assets changed year-over-year?
First Horizon's wholesale — average assets increased by 13.3% year-over-year, from $9.31B to $10.54B.
What is the long-term trend for First Horizon's wholesale — average assets?
Over 3 years (2022 to 2025), First Horizon's wholesale — average assets has grown at a 44.1% compound annual growth rate (CAGR), from $9.17B to $27.46B.
What does wholesale — average assets mean?
This represents the average value of assets held by the wholesale banking segment over a specific reporting period. It is used to calculate return on assets and to understand the scale and capital intensity of the wholesale business.

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