Question 1

What is First Horizon's amortization of capitalized software and acquired intangible assets?

Accepted Answer

First Horizon (FHN) reported amortization of capitalized software and acquired intangible assets of $8M in Q2 2026.

Question 2

How has First Horizon's amortization of capitalized software and acquired intangible assets changed year-over-year?

Accepted Answer

First Horizon's amortization of capitalized software and acquired intangible assets decreased by 20.0% year-over-year, from $10M to $8M.

Question 3

What is the long-term trend for First Horizon's amortization of capitalized software and acquired intangible assets?

Accepted Answer

Over 4 years (2021 to 2025), First Horizon's amortization of capitalized software and acquired intangible assets has grown at a -9.2% compound annual growth rate (CAGR), from $56M to $38M.

Question 4

What does amortization of capitalized software and acquired intangible assets mean?

Accepted Answer

Amortization of capitalized software and acquired intangible assets

(Dollars in millions, except per share data; shares in thousands) (Unaudited)	Three Months Ended June 30, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	2025
Advertising and public relations	17	14	27	24
Deposit insurance expense	12	12	25	25
Equipment expense	11	11	22	22
Amortization of intangible assets	8	10	16	20
Other expense	60	54	119	114
Total noninterest expense	532	491	1,036	978
Income before income taxes	340	309	683	594
Income tax expense	66	64	142	127

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First Horizon FHN Amortization of capitalized software and acquired intangible assets