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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 889 $ 961
Interest-bearing deposits with banks 1,116 1,125
Federal funds sold and securities purchased under agreements to resell 754 634
Trading securities 1,812 1,904
Securities available for sale at fair value 8,146 8,165
Securities held to maturity (fair value of $1,056 and $1,073, respectively) 1,204 1,216
Loans held for sale (including $167 and $151 at fair value, respectively) 562 406
Loans and leases 64,377 64,156
Allowance for loan and lease losses (730) (738)
Net loans and leases 63,647 63,418
Premises and equipment 539 544
Goodwill 1,510 1,510
Other intangible assets 97 105
Other assets 3,856 3,888
Total assets 84,132 83,876
Liabilities    
Noninterest-bearing deposits 15,910 15,823
Interest-bearing deposits 50,572 51,653
Total deposits 66,482 67,476
Trading liabilities 666 607
Short-term borrowings 4,168 3,254
Term borrowings 1,318 1,321
Other liabilities 2,033 2,076
Total liabilities 74,667 74,734
Equity    
Preferred stock, Non-cumulative perpetual, no par value; authorized 5,000,000 shares; issued 12,750 and 8,750 shares, respectively 741 349
Common stock, $0.625 par value; authorized 700,000,000 shares; issued 475,722,232 and 484,825,395 shares, respectively 297 303
Capital surplus 3,759 3,974
Retained earnings 5,205 5,031
Accumulated other comprehensive loss, net (832) (810)
FHN shareholders' equity 9,170 8,847
Noncontrolling interest 295 295
Total equity 9,465 9,142
Total liabilities and equity $ 84,132 $ 83,876