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First Horizon FHN Wholesale — Goodwill

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BROWholesale — Goodwill Fair Value Disclosure
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SUNWholesale — Goodwill
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BROWholesale Brokerage — Goodwill
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BROWholesale — Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
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WBSCommercial Banking — Goodwill
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Other financials

Income statement

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Revenue$862.0M+6.2%
Net income$262.0M+20.2%
EPS (diluted)$0.53+29.3%

Balance sheet

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Cash & equivalents$1.9B
Total debt$5.5B0.0%
Total equity$9.2B+4.8%
Total assets$84.1B+3.2%

Cash flow

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Operating cash flow$278.0M-20.3%
CapEx$8.0M-11.1%
Free cash flow$270.0M-20.6%

Valuation

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Market cap$11.78B+8.9%
P/E11.5×-2.0×
P/S3.4×0.0×

Profitability

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Net margin29.6%+4.4pp
FCF margin30.4%

Returns & leverage

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Return on equity11.5%+2.4pp
Debt / equity0.6×0.0×

Where this comes from

Reported directly by First Horizon in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: First Horizon’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Horizon's wholesale — goodwill?
First Horizon (FHN) reported wholesale — goodwill of $293M in Q1 2026.
How has First Horizon's wholesale — goodwill changed year-over-year?
First Horizon's wholesale — goodwill decreased by 0.0% year-over-year, from $293M to $293M.
What does wholesale — goodwill mean?
The value of intangible assets like brand and customer base assigned to the wholesale banking segment from past acquisitions.
How do you interpret wholesale — goodwill?
An increase indicates recent acquisitions, while a decrease suggests impairment charges or write-downs due to declining segment performance.
How does wholesale — goodwill compare across companies?
Standard across banking peers; usually compared as a percentage of total segment assets or equity.