First Horizon (FHN) Net Margin (2009 - 2026)
First Horizon's Net Margin was 16.72% in Q2 2026, up 0.77 percentage points from 15.95% a year earlier but down 13.09 percentage points from the prior quarter.
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Analysis
First Horizon (FHN) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, First Horizon's Net Margin was 66.11% through Jun 30, 2026, up 10.26 percentage points year-over-year; for FY2025, it was 27.96%, up 4.83 percentage points from FY2024.
- Net Margin shows a five-year change of +1.90 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 23.13% in FY2024 (-1.81 pp), 24.95% in FY2023 (-2.12 pp), 27.07% in FY2022 (-4.27 pp) and 31.34% in FY2021 (+5.27 pp).
- Quarterly Net Margin has moved between 10.24% (Q3 2024) and 34.96% (Q4 2022) over five years.
- Compared with a year earlier, Net Margin has increased for six straight quarters, with an average year-over-year change of +1.67 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q2 2023 (a gain of 8.43 percentage points); the worst was Q2 2024 (a drop of 17.99 percentage points).
- Per Business Quant data, FHN's Net Margin in the three quarters before Q2 2026 was 29.81% (Q1 2026), 28.94% (Q4 2025) and 11.75% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 36.19% |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 27.72% |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 25.46% |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 32.50% |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 31.46% |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 27.23% |
| 10 | First Horizon | 10.90 Bn | 3.99 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% |
API Access
First Horizon Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=FHN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "FHN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=FHN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();