Memphis, TN · Cert 4977 · First Horizon Corp.
State charter, Fed member · FED · 406 branches
Q2 2026
Market Position · Memphis, TN-MS-AR · 2026 SOD (annual) · 37.8% share · #1 of 48 inst. · $17.5B of $46.3B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.33% | 1.43% | 1.42% | 1.40% | 1.39% | +6 bps | |
| Return on Equity | 11.88% | 12.70% | 12.74% | 12.59% | 12.43% | +55 bps | |
| Net Interest Margin | 3.26% | 3.42% | 3.38% | 3.34% | 3.33% | +7 bps | |
| Efficiency Ratio | 54.64% | 57.89% | 57.25% | 54.22% | 55.94% | +130 bps | |
| Non-Interest Burden | 1.40% | 1.56% | 1.51% | 1.39% | 1.45% | +5 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -0.18% | 0.64% | 2.09% | 3.23% | 2.85% | +304 bps | |
| Loan Growth (YoY) | 0.65% | 0.98% | 2.28% | 3.53% | 3.41% | +276 bps | |
| Deposit Growth (YoY) | 1.41% | -1.90% | 2.50% | 3.06% | 3.71% | +230 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.96% | 0.98% | 0.96% | 0.96% | 0.83% | -13 bps | |
| Net Charge-Offs / Loans | 0.21% | 0.17% | 0.19% | 0.18% | 0.20% | -1 bps | |
| Allowance / Loans | 1.28% | 1.22% | 1.14% | 1.12% | 1.08% | -20 bps | |
| Allowance Coverage of NPLs | 1.3x | 1.2x | 1.2x | 1.2x | 1.3x | 0.0x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.30% | 10.41% | 10.09% | 10.42% | 10.32% | +2 bps | |
| Total Risk-Based Capital | 13.47% | 13.53% | 13.04% | 13.31% | 13.02% | -46 bps | |
| Equity / Assets | 11.21% | 11.24% | 10.99% | 11.22% | 11.19% | -2 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 96.00% | 96.15% | 94.82% | 96.64% | 95.71% | -28 bps | |
| Liquid Assets / Assets | 2.64% | 2.96% | 2.80% | 2.77% | 2.79% | +15 bps | |
| CRE / Total Capital | n/a | 265% | 272% | 264% | n/a | n/a | |