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First Horizon FHN Wholesale — Income tax expense (benefit)
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Where this comes from
Reported directly by First Horizon in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.
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 & Wealth | Wholesale | Corporate | Consolidated |
|---|---|---|---|---|
| Pre-provision net revenue (b) | 401 | 46 | (92) | 355 |
| Provision (benefit) for credit losses | 1 | 23 | (9) | 15 |
| Income (loss) before income taxes | 400 | 23 | (83) | 340 |
| Income tax expense (benefit) | 96 | 5 | (35) | 66 |
| Net income (loss) | $304 | $18 | $(48) | $274 |
| Average assets | $59,991 | $10,544 | $13,562 | $84,097 |
| Depreciation and amortization | 10 | 1 | 9 | 20 |
| Expenditures for long-lived assets | 7 | — | 12 | 19 |
Item 1. [Financial Statements](#i5fa0e3cbccce46a9bbf1ea1c199d896c_28)
FAQ
- What is First Horizon's wholesale — income tax expense (benefit)?
- First Horizon (FHN) reported wholesale — income tax expense (benefit) of $5M in Q2 2026.
- How has First Horizon's wholesale — income tax expense (benefit) changed year-over-year?
- First Horizon's wholesale — income tax expense (benefit) decreased by 28.6% year-over-year, from $7M to $5M.
- What is the long-term trend for First Horizon's wholesale — income tax expense (benefit)?
- Over 3 years (2022 to 2025), First Horizon's wholesale — income tax expense (benefit) has grown at a -0.9% compound annual growth rate (CAGR), from $38M to $37M.
- What does wholesale — income tax expense (benefit) mean?
- This represents the portion of the wholesale segment's earnings allocated to income tax obligations. It reflects the tax burden associated with the segment's pre-tax income based on applicable statutory rates and tax planning strategies.
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