First Horizon Corporation's Momentum Continues with Strong First Quarter 2025 Results
First Horizon (NYSE: FHN) reported strong Q1 2025 financial results with net income available to common shareholders of $213 million, or earnings per share of $0.41, representing a $0.12 increase from Q4 2024. The adjusted earnings were $217 million or $0.42 per share, slightly down from $0.43 in the previous quarter.
The company, with $81.5 billion in assets as of March 31, 2025, demonstrated continued momentum in its business model focused on safety, profitability, and growth. First quarter 2025 results included $4 million after-tax of notable items, compared to $71 million in the fourth quarter 2024.
CEO Bryan Jordan emphasized the company's commitment to delivering value through consistent returns, client-focused solutions, strong corporate culture, and community support. First Horizon continues to maintain its position across 12 southern U.S. states, offering comprehensive financial services including commercial, private banking, consumer, and wealth management.
First Horizon (NYSE: FHN) ha riportato solidi risultati finanziari nel primo trimestre 2025, con un utile netto disponibile per gli azionisti comuni di 213 milioni di dollari, ovvero un utile per azione di 0,41 dollari, in aumento di 0,12 dollari rispetto al quarto trimestre 2024. Gli utili rettificati sono stati di 217 milioni di dollari o 0,42 dollari per azione, leggermente inferiori ai 0,43 del trimestre precedente.
La società, con 81,5 miliardi di dollari di attivi al 31 marzo 2025, ha mostrato un costante slancio nel suo modello di business basato su sicurezza, redditività e crescita. I risultati del primo trimestre 2025 includono 4 milioni di dollari post-tasse di elementi significativi, rispetto ai 71 milioni del quarto trimestre 2024.
Il CEO Bryan Jordan ha sottolineato l’impegno dell’azienda nel fornire valore attraverso rendimenti costanti, soluzioni orientate al cliente, una forte cultura aziendale e il supporto alla comunità. First Horizon continua a mantenere la sua presenza in 12 stati del sud degli Stati Uniti, offrendo servizi finanziari completi che includono banking commerciale, private banking, consumer e gestione patrimoniale.
First Horizon (NYSE: FHN) reportó sólidos resultados financieros en el primer trimestre de 2025, con un ingreso neto disponible para accionistas comunes de 213 millones de dólares, o ganancias por acción de 0,41 dólares, lo que representa un aumento de 0,12 dólares respecto al cuarto trimestre de 2024. Las ganancias ajustadas fueron de 217 millones de dólares o 0,42 dólares por acción, ligeramente inferiores a los 0,43 del trimestre anterior.
La compañía, con 81,5 mil millones de dólares en activos al 31 de marzo de 2025, demostró un impulso continuo en su modelo de negocio enfocado en la seguridad, rentabilidad y crecimiento. Los resultados del primer trimestre de 2025 incluyeron 4 millones de dólares después de impuestos en partidas destacadas, comparado con 71 millones en el cuarto trimestre de 2024.
El CEO Bryan Jordan destacó el compromiso de la empresa de ofrecer valor mediante retornos constantes, soluciones centradas en el cliente, una fuerte cultura corporativa y apoyo a la comunidad. First Horizon sigue manteniendo su posición en 12 estados del sur de EE.UU., ofreciendo servicios financieros integrales que incluyen banca comercial, banca privada, consumo y gestión patrimonial.
First Horizon (NYSE: FHN)은 2025년 1분기 강력한 재무 실적을 보고했으며, 보통주주에게 귀속되는 순이익은 2억 1,300만 달러, 주당순이익은 0.41달러로 2024년 4분기 대비 0.12달러 증가했습니다. 조정 주당순이익은 2억 1,700만 달러 또는 주당 0.42달러로, 이전 분기의 0.43달러보다 약간 감소했습니다.
2025년 3월 31일 기준 815억 달러의 자산을 보유한 이 회사는 안전성, 수익성, 성장에 중점을 둔 비즈니스 모델에서 지속적인 모멘텀을 보여주었습니다. 2025년 1분기 실적에는 2024년 4분기의 7,100만 달러와 비교해 세후 400만 달러의 주목할 만한 항목이 포함되었습니다.
CEO 브라이언 조던은 지속적인 수익, 고객 중심 솔루션, 강력한 기업 문화, 지역사회 지원을 통해 가치를 제공하겠다는 회사의 의지를 강조했습니다. First Horizon은 미국 남부 12개 주에서 상업, 프라이빗 뱅킹, 소비자 금융, 자산 관리 등 포괄적인 금융 서비스를 제공하며 입지를 유지하고 있습니다.
First Horizon (NYSE : FHN) a annoncé de solides résultats financiers pour le premier trimestre 2025, avec un bénéfice net attribuable aux actionnaires ordinaires de 213 millions de dollars, soit un bénéfice par action de 0,41 dollar, représentant une hausse de 0,12 dollar par rapport au quatrième trimestre 2024. Le bénéfice ajusté s’est élevé à 217 millions de dollars ou 0,42 dollar par action, légèrement inférieur aux 0,43 du trimestre précédent.
La société, avec 81,5 milliards de dollars d’actifs au 31 mars 2025, a démontré une dynamique continue dans son modèle d’affaires axé sur la sécurité, la rentabilité et la croissance. Les résultats du premier trimestre 2025 comprenaient 4 millions de dollars après impôts d’éléments notables, contre 71 millions au quatrième trimestre 2024.
Le PDG Bryan Jordan a souligné l’engagement de l’entreprise à créer de la valeur grâce à des rendements constants, des solutions centrées sur le client, une forte culture d’entreprise et un soutien communautaire. First Horizon continue de maintenir sa présence dans 12 États du sud des États-Unis, offrant des services financiers complets incluant la banque commerciale, la banque privée, la consommation et la gestion de patrimoine.
First Horizon (NYSE: FHN) meldete starke Finanzergebnisse für das erste Quartal 2025 mit einem Nettogewinn für Stammaktionäre von 213 Millionen US-Dollar bzw. einem Gewinn je Aktie von 0,41 US-Dollar, was einem Anstieg von 0,12 US-Dollar gegenüber dem vierten Quartal 2024 entspricht. Die bereinigten Gewinne lagen bei 217 Millionen US-Dollar bzw. 0,42 US-Dollar je Aktie, leicht unter den 0,43 des Vorquartals.
Das Unternehmen, mit 81,5 Milliarden US-Dollar an Vermögenswerten zum 31. März 2025, zeigte weiterhin Schwung in seinem Geschäftsmodell, das auf Sicherheit, Profitabilität und Wachstum ausgerichtet ist. Die Ergebnisse des ersten Quartals 2025 enthielten nach Steuern 4 Millionen US-Dollar an bemerkenswerten Posten, verglichen mit 71 Millionen im vierten Quartal 2024.
CEO Bryan Jordan betonte das Engagement des Unternehmens, durch konstante Renditen, kundenorientierte Lösungen, eine starke Unternehmenskultur und Gemeinschaftsunterstützung Wert zu schaffen. First Horizon hält weiterhin seine Position in 12 südlichen US-Bundesstaaten und bietet umfassende Finanzdienstleistungen, darunter Firmenkunden-, Privatkunden-, Verbraucher- und Vermögensverwaltung.
- Net income increased significantly to $213 million, with EPS up $0.12 from previous quarter
- Notable items reduced earnings by only $4 million compared to $71 million in previous quarter
- Strong asset base of $81.5 billion
- Adjusted EPS declined slightly from $0.43 to $0.42 quarter-over-quarter
Insights
First Horizon's Q1 2025 results demonstrate solid financial performance with $213 million in net income available to common shareholders, translating to $0.41 EPS – a substantial $0.12 increase from Q4 2024. This represents a 41% quarter-over-quarter improvement in reported EPS.
When adjusted for notable items (which declined significantly from $71 million in Q4 to just $4 million in Q1), the bank posted $217 million in adjusted earnings or $0.42 per share, showing only a minor $0.01 decline from the previous quarter's adjusted results.
The substantial reduction in notable items signals improved operational efficiency and fewer one-time charges impacting the bottom line. With $81.5 billion in total assets, First Horizon maintains a strong regional banking position across 12 southern states.
This performance reflects the bank's successful navigation of recent economic challenges, showcasing resilience through effective risk management and sound banking fundamentals. The sequential earnings growth on a reported basis reflects strengthening operational execution, positioning the bank well against regional banking peers.
While the slight decline in adjusted earnings warrants monitoring, the overall financial trajectory appears positive, with management demonstrating ability to deliver consistent shareholder returns while managing through the current interest rate environment.
Net Income Available to Common Shareholders of
"We are pleased to report strong performance as we begin 2025. Our commitment to delivering value to our shareholders through consistent returns is achieved by meeting client needs with tailored solutions, maintaining a strong associate culture, and supporting our communities with unwavering resolve," said President and CEO Bryan Jordan.
He continued, "Our business model prioritizes safety and soundness, profitability, and growth, equipping us to manage uncertainties and adapt to economic changes. For 161 years, First Horizon has demonstrated its ability to perform through diverse economic conditions and is well-positioned to achieve sustainable growth and continue delivering results that benefit our stakeholders for the long term."
Conference Call Information
Analysts, investors and interested parties may call toll-free starting at 8:15 a.m. CT on April 16, 2025 by dialing 1-833-470-1428 (if calling from the
Participants can also opt to listen to the live audio webcast at https://ir.firsthorizon.com/events-and-presentations/default.aspx.
A replay of the call will be available beginning at noon CT on April 16 until midnight CT on April 30, 2025. To listen to the replay, dial 1-866-813-9403 (
Forward-Looking Statements
This document and the complete 1Q2025 earnings release to which it relates contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to FHN's beliefs, plans, goals, expectations, and estimates. Forward-looking statements are not a representation of historical information, but instead pertain to future operations, strategies, financial results, or other developments. Forward-looking statements often use words such as "believe," "expect," "anticipate," "intend," "estimate," "should," "is likely," "will," "going forward," and other similar expressions that indicate future events and trends. Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, operational, economic, and competitive uncertainties and contingencies, many of which are beyond FHN's control, and many of which, with respect to future business decisions and actions (including acquisitions and divestitures), are subject to change and could cause FHN's actual future results and outcomes to differ materially from those contemplated or implied by forward-looking statements or historical performance. While there is no assurance that any list of uncertainties and contingencies is complete, examples of factors which could cause actual results to differ from those contemplated by forward-looking statements or historical performance include those mentioned: in this document; in Items 2.02 and 7.01 of FHN's Current Report on Form 8-K filed with the Securities and Exchange Commission on the date of this release; in the forepart, and in Items 1, 1A, and 7, of FHN's most recent Annual Report on Form 10-K; and in the forepart, and in Item 1A of Part II, of FHN's Quarterly Report(s) on Form 10-Q filed after that Annual Report. Any forward-looking statements made by or on behalf of FHN speak only as of the date they are made, and FHN assumes no obligation to update or revise any forward-looking statements that are made in this document or in any other statement, release, report, or filing from time to time. Actual results could differ and expectations could change, possibly materially, because of one or more factors, including those factors listed in this document or the documents mentioned above, and other factors not listed.
Throughout this document and the complete 1Q2025 earnings release to which it relates, numbers may not total due to rounding, references to EPS are fully diluted, and capital ratios for the most recent quarter are estimates.
Use of non-GAAP Measures and Regulatory Measures that are not GAAP
Certain measures included in this document and the complete 1Q2025 earnings release to which it relates are "non-GAAP," meaning they are not presented in accordance with generally accepted accounting principles in the
The non-GAAP measures presented in this document and the complete 1Q2025 earnings release to which it relates are fully taxable equivalent measures, pre-provision net revenue ("PPNR"), return on average tangible common equity ("ROTCE"), tangible common equity ("TCE") to tangible assets ("TA"), tangible book value ("TBV") per common share, and various consolidated and segment results and performance measures and ratios adjusted for notable items.
Presentation of regulatory measures, even those which are not GAAP, provide a meaningful base for comparability to other financial institutions subject to the same regulations as FHN, as demonstrated by their use by banking regulators in reviewing capital adequacy of financial institutions. Although not GAAP terms, these regulatory measures are not considered "non-GAAP" under
Refer to the tabular reconciliation of non-GAAP to GAAP measures and presentation of the most comparable GAAP items, beginning on page 20 of FHN's complete 1Q25 earnings release available at https://ir.firsthorizon.com.
First Horizon Corp. (NYSE: FHN), with
*References to "adjusted" results exclude notable items and, along with return on tangible common equity, tangible book value per share, and certain other financial measures, are non-GAAP financial measures. All references to loans include leases. All references to earnings per share are based on diluted shares. Please see page 4 of FHN's complete 1Q25 earnings release available at https://ir.firsthorizon.com for information on our use of non-GAAP measures and a reconciliation of these measures to GAAP beginning on page 20 of that release.
Contact: | Investor Relations - Tyler.Craft@firsthorizon.com |
Media Relations - Beth.Ardoin@firsthorizon.com |
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SOURCE First Horizon Corporation
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