secwatch.observer — SEC 8-K summary
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Issuer:     FIRST HORIZON CORP (FHN)
CIK:        0000036966
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0000036966-23-000108
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Horizon Q3 adjusted EPS $0.27, down 31% QoQ; $72M charge-off hits credit
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- GAAP diluted EPS $0.23; adjusted EPS $0.27 vs $0.39 in 2Q23.
- Net interest income (FTE) $609M, down 4% QoQ; NIM 3.17%, -21bps.
- Provision $110M includes $72M idiosyncratic C&I charge-off; ACL coverage 1.36%.
- Period-end deposits $67.0B (+2% QoQ); loans $61.8B (+1% period-end).
- CET1 ratio 11.1%; TBV per share $11.22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36966/000003696623000108/0000036966-23-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36966/000003696623000108/fhn-20231018.htm
  HTML page:      https://secwatch.observer/filing/0000036966-23-000108

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