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First Horizon FHN Wholesale — Brokerage, management fees and commissions

Other segment segments

Commercial, Consumer & Wealth
$31M+19.2%
Corporate
$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

See full
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:BrokerageManagementFeesAndCommissions.

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 income:
Fixed income (a)$46$46
Deposit transactions and cash management401243
Brokerage, management fees and commissions3131
Card and digital banking fees16218
Other service charges and fees1515
Deferred compensation income1515
Trust services and investment management13114

Item 1. [Financial Statements](#i5fa0e3cbccce46a9bbf1ea1c199d896c_28)

FAQ

What is First Horizon's wholesale — brokerage, management fees and commissions?
First Horizon (FHN) reported wholesale — brokerage, management fees and commissions of $0 in Q2 2026.
What does wholesale — brokerage, management fees and commissions mean?
This represents revenue derived from brokerage services, investment management, and related commissions provided to wholesale clients. It measures the segment's ability to generate non-interest income through advisory and intermediary financial services.

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