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MEMPHIS - On Wednesday, First Horizon Corporation (NYSE:FHN) reported third quarter adjusted earnings per share of $0.51, exceeding analyst estimates of $0.44 by $0.07, as the regional bank delivered strong quarterly results driven by improved profitability.
First Horizon shares rose 1.39% in pre-market trading following the earnings announcement.
The Memphis-based financial services company posted net income available to common shareholders of $254 million or $0.50 per share for the third quarter, up from $233 million or $0.45 per share in the second quarter. Excluding notable items, adjusted earnings were $263 million or $0.51 per share, representing a $0.06 increase from the previous quarter’s $0.45 per share.
"We are pleased to report another strong quarter, a testament to the disciplined execution of our strategy and the expertise of our associates," said Chairman, President and CEO Bryan Jordan. "First Horizon’s diversified business model and attractive geographic footprint position us well amid a changing environment."
The company highlighted credit quality as a continuing strength, attributing this to prudent risk management practices. First Horizon operates in 12 states across the southern U.S. with total assets of $83.2 billion as of September 30, 2025.
Jordan added that the company’s "adaptability and solid performance, supported by continued investments in technology and community partnerships, position First Horizon to deliver consistent returns and foster long-term growth for our shareholders."
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