KPIs & Operating Metrics(New)

First Horizon (FHN) Net Margin (2009 - 2026)

First Horizon recorded quarterly Net Margin of 29.81% in Q1 2026, up 3.02% quarter-over-quarter from 28.94% in Q4 2025, and up 358.0% year-over-year from 6.51% in Q1 2025.

First Horizon's Net Margin history runs 18 years deep, the most recent figure standing at 29.81% for Q1 2026.

  • In Q1 2026, Net Margin rose 358.0% year-over-year to 29.81%; the TTM figure through Mar 2026 stood at 29.01% (up 472.0% YoY), while the FY2025 annual figure 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 7.12% in Q3 2024.
  • A 5-year average of 23.82% and a median of 26.23% in 2025 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin tumbled 1538 bps in 2022 and surged 2145 bps in 2025, its largest moves.
  • First Horizon's Net Margin stood at 29.25% in 2022, then declined by 25 bps to 22.03% in 2023, then declined by 2 bps to 21.57% in 2024, then surged by 34 bps to 28.94% in 2025, then increased by 3 bps to 29.81% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 29.81%, 28.94%, and 28.57% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - -
2 Bank Bradesco 6,807.69 Bn 6,791.75 Bn - -
3 Lloyds Banking 426.28 Bn 426.28 Bn - -
4 NatWest 184.56 Bn 184.56 Bn - -
5 First Capital 181.18 Bn 181.03 Bn - 251.45%
6 Landmark Bancorp 164.67 Bn 164.64 Bn - 26.97%
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -0.97%
8 KB Financial 150.02 Bn 142.15 Bn - -
9 Pnc Financial Services 88.79 Bn 88.84 Bn - 27.35%
10 First Horizon 11.64 Bn 4.72 Bn - 29.81%

Historic Data

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DateValue
Mar 31, 2026 29.81%
Dec 31, 2025 28.94%
Sep 30, 2025 28.57%
Jun 30, 2025 12.64%
Mar 31, 2025 26.23%
Dec 31, 2024 21.57%
Sep 30, 2024 7.12%
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%
Mar 31, 2021 27.92%
Dec 31, 2020 28.89%
Sep 30, 2020 38.60%
Jun 30, 2020 12.95%
Mar 31, 2020 3.61%
Dec 31, 2019 24.16%
Sep 30, 2019 23.94%
Jun 30, 2019 24.37%
Mar 31, 2019 23.22%
Dec 31, 2018 23.72%
Sep 30, 2018 41.41%
Jun 30, 2018 18.61%
Mar 31, 2018 20.68%
Dec 31, 2017 -14.19%
Sep 30, 2017 20.90%
Jun 30, 2017 27.48%
Mar 31, 2017 17.56%
Dec 31, 2016 16.67%
Sep 30, 2016 19.17%
Jun 30, 2016 17.79%
Mar 31, 2016 15.76%
Dec 31, 2015 15.79%
Sep 30, 2015 20.44%
Jun 30, 2015 17.14%
Mar 31, 2015 -27.25%
Dec 31, 2014 17.28%
Sep 30, 2014 14.80%
Jun 30, 2014 27.82%
Mar 31, 2014 15.83%
Dec 31, 2013 16.85%
Sep 30, 2013 -35.90%
Jun 30, 2013 14.20%
Mar 31, 2013 13.53%
Dec 31, 2012 22.97%
Sep 30, 2012 8.69%
Jun 30, 2012 -39.41%
Mar 31, 2012 8.33%
Dec 31, 2011 9.98%
Sep 30, 2011 9.89%
Jun 30, 2011 5.56%
Mar 31, 2011 10.91%
Dec 31, 2010 -14.22%
Sep 30, 2010 4.19%
Jun 30, 2010 0.76%
Mar 31, 2010 -8.68%
Dec 31, 2009 -23.44%
Sep 30, 2009 -17.16%
Jun 30, 2009 -55.17%
Mar 31, 2009 -27.98%