First Horizon (FHN-PE) Tax Rate (2016 - 2026)
Quarterly results put Tax Rate at 22.22% for Q1 2026, up 12.0% from a year ago — trailing twelve months through Mar 2026 was 22.05% (up 110.0% YoY), and the annual figure for FY2025 was 22.03%, up 104.0%.
First Horizon has reported Tax Rate over the past 18 years, most recently at 22.22% for Q1 2026.
- Tax Rate reached 22.22% in Q1 2026 per FHN-PE's latest filing, down from 22.45% in the prior quarter.
- Across five years, Tax Rate topped out at 26.8% in Q3 2023 and bottomed at 6.18% in Q4 2023.
- Median Tax Rate over the past 5 years was 22.22% (2026), compared with a mean of 20.32%.
- The largest annual shift saw Tax Rate crashed -2534bps in 2023 before it soared 2523bps in 2024.
- Over 5 years, Tax Rate stood at 19.16% in 2022, then tumbled by -132bps to 6.18% in 2023, then soared by 408bps to 19.05% in 2024, then rose by 18bps to 22.45% in 2025, then decreased by -1bps to 22.22% in 2026.
- Business Quant data shows Tax Rate for FHN-PE at 22.22% in Q1 2026, 22.45% in Q4 2025, and 22.67% in Q3 2025.
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.22 |
| Mar 31, 2026 | 22.22 |
| Dec 31, 2025 | 22.45 |
| Dec 31, 2025 | 22.45 |
| Sep 30, 2025 | 22.67 |
| Sep 30, 2025 | 22.67 |
| Jun 30, 2025 | 20.71 |
| Jun 30, 2025 | 20.71 |
| Mar 31, 2025 | 22.11 |
| Mar 31, 2025 | 22.11 |
| Dec 31, 2024 | 19.05 |
| Dec 31, 2024 | 19.05 |
| Sep 30, 2024 | 20.64 |
| Sep 30, 2024 | 20.64 |
| Jun 30, 2024 | 21.54 |
| Jun 30, 2024 | 21.54 |
| Mar 31, 2024 | 22.44 |
| Mar 31, 2024 | 22.44 |
| Dec 31, 2023 | -6.18 |
| Dec 31, 2023 | -6.18 |
| Sep 30, 2023 | 26.80 |
| Sep 30, 2023 | 26.80 |
| Jun 30, 2023 | 22.59 |
| Jun 30, 2023 | 22.59 |
| Mar 31, 2023 | 22.96 |
| Mar 31, 2023 | 22.96 |
| Dec 31, 2022 | 19.16 |
| Dec 31, 2022 | 19.16 |
| Sep 30, 2022 | 22.54 |
| Sep 30, 2022 | 22.54 |
| Jun 30, 2022 | 21.33 |
| Jun 30, 2022 | 21.33 |
| Mar 31, 2022 | 22.35 |
| Mar 31, 2022 | 22.35 |
| Dec 31, 2021 | 18.51 |
| Dec 31, 2021 | 18.51 |
| Sep 30, 2021 | 21.14 |
| Sep 30, 2021 | 21.14 |
| Jun 30, 2021 | 22.06 |
| Jun 30, 2021 | 22.06 |
| Mar 31, 2021 | 23.13 |
| Mar 31, 2021 | 23.13 |
| Dec 31, 2020 | 18.60 |
| Dec 31, 2020 | 18.60 |
| Sep 30, 2020 | 0.37 |
| Sep 30, 2020 | 0.37 |
| Jun 30, 2020 | 18.57 |
| Jun 30, 2020 | 18.57 |
| Mar 31, 2020 | 23.81 |
| Mar 31, 2020 | 23.81 |
| Dec 31, 2019 | 23.28 |
| Dec 31, 2019 | 23.28 |
| Sep 30, 2019 | 23.91 |
| Sep 30, 2019 | 23.91 |
| Jun 30, 2019 | 23.26 |
| Jun 30, 2019 | 23.26 |
| Mar 31, 2019 | 20.74 |
| Mar 31, 2019 | 20.74 |
| Dec 31, 2018 | 18.78 |
| Dec 31, 2018 | 18.78 |
| Sep 30, 2018 | 23.40 |
| Sep 30, 2018 | 23.40 |
| Jun 30, 2018 | 18.64 |
| Jun 30, 2018 | 18.64 |
| Mar 31, 2018 | 23.96 |
| Mar 31, 2018 | 23.96 |
| Dec 31, 2017 | 288.93 |
| Dec 31, 2017 | 288.93 |
| Sep 30, 2017 | 15.93 |
| Sep 30, 2017 | 15.93 |
| Jun 30, 2017 | 15.34 |
| Jun 30, 2017 | 15.34 |
| Mar 31, 2017 | 31.66 |
| Mar 31, 2017 | 31.66 |
| Dec 31, 2016 | 29.37 |
| Dec 31, 2016 | 29.37 |
| Sep 30, 2016 | 29.68 |
| Sep 30, 2016 | 29.68 |
| Jun 30, 2016 | 33.00 |
| Jun 30, 2016 | 33.00 |