First Horizon Corporation reported strong Second Quarter 2025 results, with net income available to common shareholders (NIAC) of $233 million, or $0.45 per diluted share. This represents a $0.04 increase in diluted EPS from the prior quarter's $0.41.
The company achieved $10 million of incremental net interest income, primarily from growth in its loan portfolio. Period-end loans increased by 2% from the prior quarter, driven by a $689 million increase in loans to mortgage companies and $316 million growth in the C&I portfolio.
Net charge-offs increased slightly to $34 million, or 22 basis points, remaining in line with expectations. The allowance for credit losses (ACL) to loan ratio declined slightly to 1.42%, reflecting loan balance mix improvements. The CET1 ratio was maintained at 11.0%, in line with the near-term target, and the company utilized another $9 million in share repurchases.
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