FHN

Over the past six months, First Horizon Corp.'s stock has experienced several notable events. As of May 7, 2026, the stock had gained 31.6% over the preceding 12 months. In the first quarter of 2026, the company reported strong results with net income available to common shareholders of $257 million, marking a 21% increase year-over-year, and earnings per share (EPS) of $0.53, up $0.12 from the first quarter of 2025. During the Q1 2026 earnings call, the company highlighted robust core commercial and industrial (C&I) loan growth of $624 million, though loans to mortgage companies saw a seasonal decline. Period-end deposits decreased by approximately $1 billion, primarily due to reductions in broker deposits, and management anticipated a slight upward trend in deposit costs in Q2 and Q3 if interest rates do not decrease. The company also announced an increase in its quarterly dividend from $0.15 to $0.17 per share, effective April 2026. Other recent news includes director awards of restricted stock units and new hires and promotions within the company. In the third quarter of 2025, the stock experienced a significant decline of over 9% following unexpected communications regarding mergers and acquisitions during the earnings call.