European Investor
17 Jul 2025, 09:31
First Horizon Posts Strong Q2 2025 Results with Higher EPS and Loan Growth
First Horizon Corporation reported second quarter 2025 net income available to common shareholders of $233 million, or $0.45 per share, up from $0.41 in Q1. Adjusted net income was $229 million, also $0.45 per share.
Net interest income rose $10 million to $645 million, supported by loan growth. Average loans and leases increased to $62.6 billion, with period-end balances reaching $63.3 billion. Deposits also grew, aided by brokered deposits funding mortgage lending.
Noninterest income climbed $7 million to $189 million, while noninterest expense rose $3 million to $491 million. Notable items included $5 million in positive adjustments, such as a deferred compensation accrual release.
Asset quality remained stable, with a provision of $30 million and nonperforming loans down $17 million. The CET1 capital ratio improved to 11.0%.
CEO Bryan Jordan credited the strong performance to the company’s disciplined strategy and regional strengths.
First Horizon Corporation reported second quarter 2025 net income available to common shareholders of $233 million, or $0.45 per share, up from $0.41 in Q1. Adjusted net income was $229 million, also $0.45 per share.
Net interest income rose $10 million to $645 million, supported by loan growth. Average loans and leases increased to $62.6 billion, with period-end balances reaching $63.3 billion. Deposits also grew, aided by brokered deposits funding mortgage lending.
Noninterest income climbed $7 million to $189 million, while noninterest expense rose $3 million to $491 million. Notable items included $5 million in positive adjustments, such as a deferred compensation accrual release.
Asset quality remained stable, with a provision of $30 million and nonperforming loans down $17 million. The CET1 capital ratio improved to 11.0%.
CEO Bryan Jordan credited the strong performance to the company’s disciplined strategy and regional strengths.