secwatch.observer — SEC 8-K summary
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Issuer:     FIRST HORIZON CORP (FHN)
CIK:        0000036966
Form:       8-K
Filed at:   2023-01-18T23:59:59+00:00
Accession:  0000036966-23-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36966/000003696623000004/0000036966-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36966/000003696623000004/fhn-20230118.htm
  HTML page:      https://secwatch.observer/filing/0000036966-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer