First Horizon Corporation (NYSE:FHN) shares rose 1.39% in pre-market trading on Wednesday after the regional bank delivered third-quarter results that surpassed analyst forecasts, driven by improved profitability and strong credit quality.
The Memphis-based financial institution reported adjusted earnings per share of $0.51, beating consensus estimates of $0.44 by $0.07. Net income available to common shareholders came in at $254 million, or $0.50 per share, up from $233 million, or $0.45 per share, in the second quarter. Adjusted earnings were $263 million, or $0.51 per share, marking an increase of $0.06 from the previous quarter’s $0.45 per share.
“We are pleased to report another strong quarter, a testament to the disciplined execution of our strategy and the expertise of our associates,” said Chairman, President and CEO Bryan Jordan. “First Horizon’s diversified business model and attractive geographic footprint position us well amid a changing environment.”
The company underscored its strong credit quality, pointing to disciplined risk management practices as a key factor. As of September 30, 2025, First Horizon reported total assets of $83.2 billion and operates across 12 states in the southern U.S.
Jordan added that the company’s “adaptability and solid performance, supported by continued investments in technology and community partnerships, position First Horizon to deliver consistent returns and foster long-term growth for our shareholders.”
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