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First Horizon FHN Wholesale — Deferred compensation income

Other segment segments

Commercial, Consumer & Wealth
$0

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GIIIWholesale — Operating Income
$87.41M+648%
WEY
WEYSWholesale — Operating Income
$6.95M+4.8%

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:DeferredCompensationIncome.

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
Brokerage, management fees and commissions3131
Card and digital banking fees16218
Other service charges and fees1515
Deferred compensation income1515
Trust services and investment management13114
Mortgage banking income99
Other income (b)821020
Total noninterest income$123$58$30$211

Item 1. [Financial Statements](#i5fa0e3cbccce46a9bbf1ea1c199d896c_28)

FAQ

What is First Horizon's wholesale — deferred compensation income?
First Horizon (FHN) reported wholesale — deferred compensation income of $0 in Q2 2026.
What does wholesale — deferred compensation income mean?
This metric represents the income recognized within the wholesale banking segment related to deferred compensation arrangements for key personnel or clients. It reflects the financial impact of non-cash or performance-based compensation structures that are deferred over time and managed within the segment's operational results. Monitoring this figure helps investors understand the segment's underlying profitability and the impact of long-term incentive accounting on reported earnings.

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