First Horizon Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,595	965	1,212	1,190	1,300
Investment Securities	1,125	4,278	4,307	4,066	17,265
Trading Asset Securities	1,904	1,918	1,989	1,835	1,925
Mortgage-Backed Securities	9,382	7,739	7,953	8,447	8,024
Total Investments	12,411	13,935	14,249	14,348	27,214
Gross Loans	64,156	62,844	61,536	58,300	54,859
Allowance for Loan Losses	-738	-815	-773	-685	-670
Other Adjustments to Gross Loans	-	-279	-244	-198	-
Net Loans	63,418	61,750	60,519	57,417	54,189
Property, Plant & Equipment	544	871	899	945	997
Goodwill	-	1,510	1,510	1,511	1,511
Other Intangible Assets	1,615	143	186	234	298
Loans Held for Sale	406	551	502	590	1,172
Accrued Interest Receivable	-	271	287	226	134
Other Real Estate Owned & Foreclosed	-	3	4	11	10
Other Long-Term Assets	3,887	2,102	2,269	2,431	2,238
Total Assets	83,876	82,152	81,661	78,953	89,092
Interest Bearing Deposits	51,653	47,660	46,776	39,087	46,153
Institutional Deposits	-	1,900	1,800	936	859
Non-Interest Bearing Deposits	15,823	16,021	17,204	23,466	27,883
Total Deposits	67,476	65,581	65,780	63,489	74,895
Short-Term Borrowings	3,253	4,071	3,248	3,464	2,252
Current Portion of Long-Term Debt	-	-	-	450	-
Other Current Liabilities	607	550	509	335	426
Long-Term Debt	1,321	1,044	1,000	999	1,442
Long-Term Leases	-	333	345	371	386
Trust Preferred Securities	-	151	150	148	148
Pension & Post-Retirement Benefits	-	50	66	56	71
Other Long-Term Liabilities	2,077	1,261	1,272	1,094	978
Total Liabilities	74,734	73,041	72,370	70,406	80,598
Preferred Stock, Redeemable	349	426	520	1,014	520
Common Stock	303	328	349	336	333
Additional Paid-In Capital	3,974	4,808	5,351	4,840	4,743
Retained Earnings	5,030	4,382	3,964	3,430	2,891
Comprehensive Income & Other	-809	-1,128	-1,188	-1,368	-288
Total Common Equity	8,498	8,390	8,476	7,238	7,679
Minority Interest	295	295	295	295	295
Shareholders' Equity	9,142	9,111	9,291	8,547	8,494
Total Liabilities & Equity	83,876	82,152	81,661	78,953	89,092
Total Debt	4,574	5,599	4,743	5,432	4,228
Net Cash (Debt)	50	-606	305	-670	14,392
Net Cash Growth	-	-	-	-	91.48%
Net Cash Per Share	0.10	-1.11	0.54	-1.18	26.11
Filing Date Shares Outstanding	485	521.77	558.81	537.34	533.63
Total Common Shares Outstanding	485	524.28	558.84	537.1	533.58
Book Value Per Share	17.52	16.00	15.17	13.48	14.39
Tangible Book Value	6,883	6,737	6,780	5,493	5,870
Tangible Book Value Per Share	14.19	12.85	12.13	10.23	11.00

Source: S&P Global Market Intelligence. Banks template. Financial Sources.