First Horizon Q1 Net Income Rises 21% to $257M with ROTCE at 15.1%
First Horizon posted net income available to common shareholders of $257 million in Q1 2026, up 21% year-over-year, with EPS rising to $0.53. Return on tangible common equity reached 15.1% and tangible book value per share grew 9% as revenue gains and expense discipline drove performance.
1. Financial Results
First Horizon reported net income available to common shareholders of $257 million in Q1 2026, up 21% from Q1 2025, and EPS rose to $0.53, compared to $0.41 year-ago and $0.52 in Q4 2025.
2. Profitability Metrics
The bank delivered return on tangible common equity of 15.1% and tangible book value per share increased 9% year-over-year, reflecting capital strength and consistent value creation.
3. Management Commentary
Leadership attributed results to revenue growth through relationship banking, disciplined expense management and a strong credit culture driving both profitability and growth.