---
schema_version: "secwatch.filing_event.v1"
accession: "0000036966-23-000082"
form_type: "8-K"
ticker: "FHN"
cik: "0000036966"
company_name: "FIRST HORIZON CORP"
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:37:46.813634+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Horizon Q2 GAAP EPS $0.56, adj. $0.39; deposit growth 6%; NIM 3.38%

## Summary
- GAAP net income $317M ($0.56 EPS) vs $243M in Q1; adjusted EPS $0.39.
- Period-end deposits rose 6% QoQ to $65.4B; average loans up 3% to $59.9B.
- NIM 3.38% (down 50bps QoQ); NII (FTE) $635M (-8% QoQ).
- Notable items: $225M gain on TD termination, $50M foundation contribution; net $0.17/sh.
- CET1 ratio 11.1% (+72bps QoQ); TBV per share $11.50 (+6%).

## SEC filing metadata
- accession: 0000036966-23-000082
- form_type: 8-K
- ticker: FHN
- cik: 0000036966
- company_name: FIRST HORIZON CORP
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36966/000003696623000082/0000036966-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36966/000003696623000082/fhn-20230719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000036966-23-000082
- JSON: https://secwatch.observer/filing/0000036966-23-000082.json
- Plain text: https://secwatch.observer/filing/0000036966-23-000082.txt

## Key facts
- Earnings Releases
  FIRST HORIZON CORP reported 2Q23 results: revenue 1031, net income 329, EPS 0.56.
  - Period: 2Q23
  - Revenue: 1031
  - Net income: 329
  - EPS: 0.56
  - Result: reported results
  source text: 4Q22 3Q22 2Q22 1Q23 2Q22 $/bps % $/bps % Net interest income $ 631 $ 688 $ 709 $ 662 $ 542 $ (57) (8) % $ 89 16 % Fee income 400 171 174 213 201 229 134 % 199 99 % Total revenue 1,031 859 882 875 743 172 20 % 288 39 % Expense 555 478 503 468 489 77 16 % 66 13 % Pre-provision net revenue (PPNR) 475 381 379 406 255 94 25 % 220 86 % Provision for credit losses 50
  evidence_url: https://www.sec.gov/Archives/edgar/data/36966/000003696623000082/0000036966-23-000082-index.htm

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