First Horizon reports Q3 2026 net loss available to common shareholders of $94 million
First Horizon reported a third-quarter 2026 net loss available to common shareholders of $94 million, reflecting strategic balance-sheet actions. Notable charges primarily related to reclassifying targeted mortgage loans as held for sale weighed on results. An agreement reached in early October covers approximately $4.5 billion of lower-yielding consumer mortgages, with settlement expected early in the fourth quarter. The sale is expected to boost future earnings and provide balance-sheet flexibility to support loan growth. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Horizon Corporation published the original content used to generate this news brief via (Ref. ID: 202610150630PR_NEWS_USPR_____CL73077) on October 15, 2026, and is solely responsible for the information contained therein. (C)
First Horizon reported a third-quarter 2026 net loss available to common shareholders of $94 million, reflecting strategic balance-sheet actions. Notable charges primarily related to reclassifying targeted mortgage loans as held for sale weighed on results. An agreement reached in early October covers approximately $4.5 billion of lower-yielding consumer mortgages, with settlement expected early in the fourth quarter. The sale is expected to boost future earnings and provide balance-sheet flexibility to support loan growth.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Horizon Corporation published the original content used to generate this news brief via (Ref. ID: 202610150630PR_NEWS_USPR_____CL73077) on October 15, 2026, and is solely responsible for the information contained therein.
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