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First Horizon FHN Wholesale — Legal and professional fees

Other segment segments

Corporate
$14M+7.7%
Commercial, Consumer & Wealth
$3M0.0%

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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:LegalFees.

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 & WealthWholesaleCorporateConsolidated
Computer software922940
Net occupancy expense1921536
Operations services461626
Legal and professional fees311418
Advertising and public relations1717
Deposit insurance expense1212
Equipment expense3811
Amortization of intangible assets88

Item 1. [Financial Statements](#i5fa0e3cbccce46a9bbf1ea1c199d896c_28)

FAQ

What is First Horizon's wholesale — legal and professional fees?
First Horizon (FHN) reported wholesale — legal and professional fees of $1M in Q2 2026.
How has First Horizon's wholesale — legal and professional fees changed year-over-year?
First Horizon's wholesale — legal and professional fees decreased by 0.0% year-over-year, from $1M to $1M.
What is the long-term trend for First Horizon's wholesale — legal and professional fees?
Over 3 years (2022 to 2025), First Horizon's wholesale — legal and professional fees has grown at a 18.6% compound annual growth rate (CAGR), from $3M to $5M.
What does wholesale — legal and professional fees mean?
Represents the costs incurred by the Wholesale banking segment for external legal counsel, consulting services, and professional advisory fees. These expenses are typically associated with regulatory compliance, litigation, or strategic business initiatives within the segment.

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