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First Horizon FHN Wholesale — Goodwill

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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 us-gaap:Goodwill.

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 & WealthWholesaleTotal
December 31, 2024$1,217$293$1,510
Additions
December 31, 2025$1,217$293$1,510
Additions
June 30, 2026$1,217$293$1,510

Item 1. [Financial Statements](#i5fa0e3cbccce46a9bbf1ea1c199d896c_28)

FAQ

What is First Horizon's wholesale — goodwill?
First Horizon (FHN) reported wholesale — goodwill of $293M in Q2 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?
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations allocated to the wholesale banking segment. It reflects the premium paid for intangible assets such as brand reputation, customer relationships, and market synergies within the wholesale division.

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