First Horizon (FHN) Net Margin (2009 - 2026)
First Horizon's (FHN) quarterly Net Margin came in at 16.72% in Q2 2026, up 77.0% year-over-year from 9.45% in Q2 2025, and down 43.92% quarter-over-quarter from 29.81% in Q1 2026.
Analysis
First Horizon (FHN) Net Margin (2009 - 2026) Analysis & Trends
First Horizon has disclosed Net Margin across 18 years of filings, most recently posting 16.72% for Q2 2026.
- In Q2 2026, Net Margin rose 77.0% year-over-year to 16.72%; the TTM figure through Jun 2026 stood at 66.11% (up 1026.0% YoY), while the FY2025 annual figure was 27.96%, up 483.0% from the prior year.
- Net Margin came in at 16.72% for Q2 2026 at First Horizon, down from 29.81% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 34.96% in Q4 2022 to a low of 10.24% in Q3 2024.
- Average Net Margin over 5 years is 22.62%, with a median of 22.4% recorded in 2024.
- Year-over-year, Net Margin jumped 843 bps in 2023 and tumbled 1799 bps in 2024.
- Over 5 years, Net Margin stood at 34.96% in 2022, then tumbled by 37 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 sank by 42 bps to 16.72% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 16.72% in Q2 2026, 29.81% in Q1 2026, and 28.94% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 941.69 Bn | 941.69 Bn | - | - |
| 2 | Truist Financial | 61.79 Bn | 61.79 Bn | - | 28.85% |
| 3 | Fifth Third Bancorp | 49.90 Bn | 26.18 Bn | - | 23.30% |
| 4 | M&T Bank | 34.97 Bn | 34.97 Bn | - | 30.85% |
| 5 | Huntington Bancshares | 34.15 Bn | 29.62 Bn | - | 24.18% |
| 6 | Citizens Financial | 29.74 Bn | 29.74 Bn | - | 24.27% |
| 7 | Regions Financial | 25.70 Bn | 25.70 Bn | - | 28.79% |
| 8 | First Citizens Bancshares | 25.10 Bn | 24.58 Bn | 29.00 Mn | 864.86% |
| 9 | Keycorp | 23.34 Bn | -24.35 Bn | - | 24.18% |
| 10 | First Horizon | 11.63 Bn | 4.42 Bn | - | 16.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.72% |
| Mar 31, 2026 | 29.81% |
| Dec 31, 2025 | 28.94% |
| Sep 30, 2025 | 11.75% |
| Jun 30, 2025 | 15.95% |
| Mar 31, 2025 | 26.23% |
| Dec 31, 2024 | 21.57% |
| Sep 30, 2024 | 10.24% |
| Jun 30, 2024 | 12.79% |
| 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 | 34.96% |
| 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% |