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First Horizon FHN Wholesale — Interest Expense

Other segment segments

Commercial, Consumer & Wealth
$231M-20.6%
Corporate
$81M+26.6%

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BROWholesale Brokerage — Interest Expense Operating
$3M0.0%
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BROWholesale Brokerage — Interest Expense Nonoperating
$3M0.0%
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WTFCSpecialty finance — Interest Expense
$17.49M+68.3%
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TFCWB — Other direct noninterest expense
$187M-3.1%

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:InterestExpenseOperating.

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 — interest expense?
First Horizon (FHN) reported wholesale — interest expense of $25M in Q1 2026.
How has First Horizon's wholesale — interest expense changed year-over-year?
First Horizon's wholesale — interest expense decreased by 10.7% year-over-year, from $28M to $25M.
What is the long-term trend for First Horizon's wholesale — interest expense?
Over 3 years (2022 to 2025), First Horizon's wholesale — interest expense has grown at a 31.6% compound annual growth rate (CAGR), from $47M to $107M.
What does wholesale — interest expense mean?
The total interest costs paid by the wholesale segment to fund its operations.
How do you interpret wholesale — interest expense?
Lower values are generally better as they imply efficient funding costs, whereas rising expenses may indicate increased competition for deposits or higher market rates.
How does wholesale — interest expense compare across companies?
Compared across peers to assess relative funding cost advantages or disadvantages.