---
schema_version: "secwatch.filing_event.v1"
accession: "0000036966-23-000004"
form_type: "8-K"
ticker: "FHN"
cik: "0000036966"
company_name: "FIRST HORIZON CORP"
filed_at: "2023-01-18T23:59:59+00:00"
generated_at: "2026-06-20T14:18:26.994274+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# First Horizon reports Q4 2022 adjusted EPS $0.51 on core NII growth of 8% QoQ

## Summary
- GAAP diluted EPS $0.45; adjusted EPS $0.51; adjusted ROTCE 21.7%.
- Core NII up 8% QoQ to $712M, core NIM +43 bps; C&I loans ex. PPP/LMC +4%.
- Provision for credit losses $45M vs. $60M prior quarter; NCOs 18 bps.
- TBV per share $10.23, up 5% QoQ; CET1 10.2%.
- IBKC merger achieved $200M annualized cost saves; ~$94M revenue synergies identified.

## SEC filing metadata
- accession: 0000036966-23-000004
- form_type: 8-K
- ticker: FHN
- cik: 0000036966
- company_name: FIRST HORIZON CORP
- filed_at: 2023-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36966/000003696623000004/0000036966-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36966/000003696623000004/fhn-20230118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000036966-23-000004
- JSON: https://secwatch.observer/filing/0000036966-23-000004.json
- Plain text: https://secwatch.observer/filing/0000036966-23-000004.txt

## Key facts
- Earnings Releases
  FIRST HORIZON CORP reported 4Q22 results: revenue 882, net income 270.
  - Period: 4Q22
  - Revenue: 882
  - Net income: 270
  - Result: reported results
  source text: Reported 4Q22 Change vs. Reported 2022 vs. 2021 $s in millions except per share data 4Q22 3Q22 2Q22 1Q22 4Q21 3Q22 4Q21 2022 2021 $/bps % $/bps % $/bps % Net interest income $ 709 $ 662 $ 542 $ 479 $ 498 $ 47 7 % $ 211 42 % $ 2,392 $ 1,994 $ 398 20 % Fee income 174 213 201 229 247 (39) (18) % (73) (30) % 816 1,076 (260) (24) % Total revenue 882 875 743 707 745 7 1 % 137 18 % 3,208 3,070 138 4 % Expense 503 468 489 493 528 35 7 % (25) (5) % 1,953 2,095 (142) (7) % Pre-provision net revenue (PPNR) 379 406 255 215 217 (27) (7) % 162 75 % 1,254 975 279 29 % Provision for credit losses 45 60 30 (40) (65) (15) (25) % 110 NM 95 (310) 405 131 % Pre-tax income 334 346 225 255 282 (12) (3) % 52 18 % 1,159 1,285 (126) (10) % Income tax expense 64 78 48 57 53 (14) (18) % 11 21 % 247 274 (27) (10) % Net income 270 268 177 198 229 2 1 % 41 18 % 912 1,010 (98) (10) % Non-controlling interest 4 3 3 3 3 1 33 % 1 33 % 12 11 1 9 % Preferred dividends 8 8 8 8 8 — — % — — % 32 37 (5) (14) % Net income avai
  evidence_url: https://www.sec.gov/Archives/edgar/data/36966/000003696623000004/0000036966-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.