Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Reportable Segment

The following is a summary of goodwill by reportable segment included in the Consolidated Balance Sheets as of June 30, 2025 and December 31, 2024.

GOODWILL
(Dollars in millions)	Commercial, Consumer & Wealth		Wholesale		Total
December 31, 2023 (a)	$	1,217	$	293	$	1,510
Additions	—		—		—
December 31, 2024	$	1,217	$	293	$	1,510
Additions	—		—		—
June 30, 2025	$	1,217	$	293	$	1,510

(a)FHN reorganized its management reporting structure and reallocated goodwill in its segments and reporting units during the fourth quarter of 2024. Prior periods have been revised to reflect this reallocation.

Schedule of Intangible Assets and Accumulated Amortization Included in the Consolidated Statements of Condition

The following table, which excludes fully amortized intangibles, presents other intangible assets included in the Consolidated Balance Sheets.

OTHER INTANGIBLE ASSETS
	June 30, 2025						December 31, 2024
(Dollars in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Core deposit intangibles	$	356	$	(250)	$	106	$	356	$	(233)	$	123
Client relationships	32		(19)		13		32		(18)		14
Other (a)	11		(7)		4		27		(21)		6
Total	$	399	$	(276)	$	123	$	415	$	(272)	$	143

(a)Includes non-compete covenants and purchased credit card intangible assets. Also includes state banking licenses which are not subject to amortization.