Memphis-based First Horizon Corp. closed out fiscal year 2025 with strong financial momentum and is projecting continued growth in 2026, according to the company’s fourth-quarter earnings report released Thursday, Jan. 15.
First Horizon reported $3.42 billion in total revenue for FY 2025, up from $3.19 billion in FY 2024, reflecting gains across lending, deposits, and customer engagement throughout its footprint. Net income totaled $266 million in Q4 2025, matching the previous quarter, while earnings per share increased from $1.36 in 2024 to $1.87 in 2025.
Company leadership described 2025 as a pivotal year for building long-term momentum, with a focus on strengthening its platform for sustained growth in 2026 and beyond.
Headquartered in Memphis, First Horizon continues to play a significant role in the region’s economy. According to Memphis Business Journal research, the company ranks as Memphis’ No. 6 largest public company by revenue, No. 4 in total and local employees, and the largest locally headquartered bank by total deposits.
Looking ahead, First Horizon shared initial projections for FY 2026, forecasting revenue growth between 3% and 7%. The outlook is supported by continued expansion in key growth markets, including North Carolina, Florida, and Texas, where the bank has invested in customer acquisition, talent development, and operational support.
Over the past year, First Horizon has added more than 100 full-time employees, particularly in technology, operational support, and customer-facing roles, helping drive momentum across its markets. Leadership also emphasized the strength of the bank’s diversified loan portfolio, noting that no single industry accounts for more than 13% of its commercial and industrial exposure, a strategy designed to support stability across economic cycles.
The bank’s long-standing focus on risk management and diversification is rooted in its history. Founded in 1864, First Horizon will mark 162 years in operation this spring, having navigated generations of economic change while continuing to evolve its business mix.
First Horizon has also recently announced several new market president appointments in cities including Gulf Shores, New Orleans, Atlanta, and Jackson, Tennessee. The promotions reflect the company’s emphasis on placing senior leadership within local markets to better serve customers and respond to regional needs.
With strong revenue trends throughout 2025 and optimism tied to broader economic tailwinds expected in 2026, First Horizon leadership says the company enters the new fiscal year well-positioned to deliver mid-single-digit revenue growth and continued stability.
