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First Horizon FHN Wholesale — Goodwill, Acquired During Period

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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 us-gaap:GoodwillAcquiredDuringPeriod.

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, acquired during period?
First Horizon (FHN) reported wholesale — goodwill, acquired during period of $0 in Q2 2026.
What does wholesale — goodwill, acquired during period mean?
The amount of goodwill recognized specifically from business acquisitions completed within the current reporting period for the wholesale segment. This metric highlights inorganic growth activity and the strategic expansion of the wholesale banking footprint.

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