First Horizon (FHN) Net Margin (2009 - 2026)
First Horizon's (FHN) quarterly Net Margin came in at 29.81% in Q1 2026, up 358.0% year-on-year from 6.51% in Q1 2025, and up 3.02% quarter-over-quarter from 28.94% in Q4 2025.
First Horizon (FHN) Net Margin (2009 - 2026) Analysis & Trends
First Horizon has disclosed Net Margin across 18 years of filings, most recently posting 29.81% for Q1 2026.
- Net Margin for Q1 2026 came in at 29.81%, up 358.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 116.13% (up 9205.0% YoY), and the FY2025 annual result was 27.96%, up 483.0% from the prior year.
- Net Margin came in at 29.81% for Q1 2026 at First Horizon, up from 28.94% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 30.78% in Q2 2023 to a low of 8.62% in Q3 2025.
- The 5-year median for Net Margin is 26.23% (2025), against an average of 24.65%.
- Across the five-year window, Net Margin jumped 917 bps in 2024 and sank 1714 bps in 2025, its largest moves.
- First Horizon's Net Margin stood at 29.25% in 2022, then dropped by 25 bps to 22.03% in 2023, then dropped by 2 bps to 21.57% in 2024, then jumped by 34 bps to 28.94% in 2025, then grew by 3 bps to 29.81% in 2026.
- The last three Net Margin figures came in at 29.81% (Q1 2026), 28.94% (Q4 2025), and 8.62% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | 27.26% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 251.45% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 26.97% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | 32.86% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 5,788,021.18% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | -157.25% |
| 10 | First Horizon | 12.08 Bn | 5.16 Bn | - | 29.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.81% |
| Dec 31, 2025 | 28.94% |
| Sep 30, 2025 | 8.62% |
| Jun 30, 2025 | 28.07% |
| Mar 31, 2025 | 26.23% |
| Dec 31, 2024 | 21.57% |
| Sep 30, 2024 | 25.76% |
| Jun 30, 2024 | 22.58% |
| Mar 31, 2024 | 22.47% |
| Dec 31, 2023 | 22.03% |
| Sep 30, 2023 | 16.58% |
| Jun 30, 2023 | 30.78% |
| Mar 31, 2023 | 28.29% |
| Dec 31, 2022 | 29.25% |
| Sep 30, 2022 | 29.37% |
| Jun 30, 2022 | 22.34% |
| Mar 31, 2022 | 26.41% |
| Dec 31, 2021 | 29.40% |
| Sep 30, 2021 | 30.31% |
| Jun 30, 2021 | 37.72% |