First Horizon (FHN) Net Margin (2009 - 2026)
First Horizon (FHN) posted Net Margin of 52.24% for Q1 2026, up 483.33% sequentially from 8.95% in Q4 2025, and up 2600.0% YoY from 1.93% in Q1 2025.
First Horizon (FHN) Net Margin (2009 - 2026) Analysis & Trends
First Horizon has reported Net Margin for 18 years, with the latest figure at 52.24% in Q1 2026.
- Quarterly Net Margin rose 2600.0% year-over-year to 52.24% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.37% (up 79.0% YoY) and the FY2025 annual result came in at 28.13%, up 126.0% from the prior year.
- Net Margin climbed to 52.24% in Q1 2026 per FHN's latest filing, from 8.95% in the prior quarter.
- Over five years, Net Margin peaked at 70.23% in Q1 2023 and troughed at 584.38% in Q1 2022.
- A 5-year average of 17.35% and a median of 18.48% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin sank 62627 bps in 2022, then jumped 65461 bps in 2023.
- Over 5 years, Net Margin stood at 18.48% in 2022, then plunged by 66 bps to 6.31% in 2023, then soared by 236 bps to 21.19% in 2024, then plunged by 58 bps to 8.95% in 2025, then soared by 483 bps to 52.24% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 52.24%, 8.95%, and 9.77% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 28.41% |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 27.30% |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | 38.78% |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 25.60% |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 25.60% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 28.85% |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 23.30% |
| 10 | First Horizon | 11.74 Bn | 4.54 Bn | - | 16.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.31% |
| Mar 31, 2026 | 52.24% |
| Dec 31, 2025 | 8.95% |
| Sep 30, 2025 | 9.77% |
| Jun 30, 2025 | 12.64% |
| Mar 31, 2025 | 26.23% |
| Dec 31, 2024 | 21.19% |
| Sep 30, 2024 | 7.31% |
| Jun 30, 2024 | 30.92% |
| Mar 31, 2024 | 27.54% |
| Dec 31, 2023 | 6.31% |
| Sep 30, 2023 | -30.28% |
| Jun 30, 2023 | 30.78% |
| Mar 31, 2023 | 70.23% |
| Dec 31, 2022 | 18.48% |
| Sep 30, 2022 | 63.30% |
| Jun 30, 2022 | -66.14% |
| Mar 31, 2022 | -584.38% |
| Dec 31, 2021 | 15.61% |
| Sep 30, 2021 | 41.18% |