First Horizon (FHN) Research & Development (2009 - 2026)
First Horizon's (FHN) quarterly Research & Development came in at $26.0 million in Q2 2026, up 13.04% year-over-year from $23.0 million in Q2 2025, and up 4.0% quarter-over-quarter from $25.0 million in Q1 2026.
Analysis
First Horizon (FHN) Research & Development (2009 - 2026) Analysis & Trends
First Horizon has disclosed Research & Development across 18 years of filings, most recently posting $26.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 13.04% year-over-year to $26.0 million; the TTM figure through Jun 2026 stood at $100.0 million (up 4.17% YoY), while the FY2025 annual figure was $96.0 million, up 2.13% from the prior year.
- Research & Development came in at $26.0 million for Q2 2026 at First Horizon, up from $25.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $26.0 million in Q2 2026 to a low of $20.0 million in Q1 2022.
- Average Research & Development over 5 years is $23.0 million, with a median of $23.0 million recorded in 2022.
- The largest YoY upside for Research & Development was 25.0% in 2022 against a maximum downside of 8.33% in 2022.
- Over 5 years, Research & Development stood at $22.0 million in 2022, then changed by 0.0% to $22.0 million in 2023, then rose by 13.64% to $25.0 million in 2024, then changed by 0.0% to $25.0 million in 2025, then rose by 4.0% to $26.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $26.0 million in Q2 2026, $25.0 million in Q1 2026, and $25.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 941.69 Bn | 941.69 Bn | - | - |
| 2 | Truist Financial | 61.79 Bn | 61.79 Bn | - | - |
| 3 | Fifth Third Bancorp | 49.90 Bn | 26.18 Bn | - | 250.00 Mn |
| 4 | M&T Bank | 34.97 Bn | 34.97 Bn | - | 154.00 Mn |
| 5 | Huntington Bancshares | 34.15 Bn | 29.62 Bn | - | 326.00 Mn |
| 6 | Citizens Financial | 29.74 Bn | 29.74 Bn | - | - |
| 7 | Regions Financial | 25.70 Bn | 25.70 Bn | - | - |
| 8 | First Citizens Bancshares | 25.10 Bn | 24.58 Bn | 29.00 Mn | - |
| 9 | Keycorp | 23.34 Bn | -24.35 Bn | - | 108.00 Mn |
| 10 | First Horizon | 11.63 Bn | 4.42 Bn | - | 26.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.00 Mn |
| Mar 31, 2026 | 25.00 Mn |
| Dec 31, 2025 | 25.00 Mn |
| Sep 30, 2025 | 24.00 Mn |
| Jun 30, 2025 | 23.00 Mn |
| Mar 31, 2025 | 23.00 Mn |
| Dec 31, 2024 | 25.00 Mn |
| Sep 30, 2024 | 25.00 Mn |
| Jun 30, 2024 | 23.00 Mn |
| Mar 31, 2024 | 21.00 Mn |
| Dec 31, 2023 | 22.00 Mn |
| Sep 30, 2023 | 21.00 Mn |
| Jun 30, 2023 | 22.00 Mn |
| Mar 31, 2023 | 22.00 Mn |
| Dec 31, 2022 | 22.00 Mn |
| Sep 30, 2022 | 22.00 Mn |
| Jun 30, 2022 | 23.00 Mn |
| Mar 31, 2022 | 20.00 Mn |
| Dec 31, 2021 | 21.00 Mn |
| Sep 30, 2021 | 24.00 Mn |