FHN — what changed in the latest 10-Q
A section-by-section comparison of FHN's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-07 vs the prior 10-Q · 2025-11-06
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +151 | −193 | ~42 | 74 |
| Controls & procedures | Text added/removed | 0 | 0 | ~1 | 2 |
| Other information | Text added/removed | 0 | 0 | ~2 | 3 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 3), Legal proceedings, Risk factors
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-07
On March 12, 2026, FHN issued 4,000 shares of Series H Preferred Stock with an aggregate liquidation preference of $400 million. Dividends on the Series H Preferred Stock, if declared, accrue and are payable quarterly, in arrears, at a rate of 6.75% per annum. For the issuance, FHN issued depositary…
On May 1, 2026, FHN redeemed all outstanding shares of its Series C Preferred Stock with a carrying value of $59 million. Prior to the redemption, the Series C Preferred Stock qualified as Tier 1 capital. For more information, see Note 17 — Subsequent Events in the Consolidated Financial Statements …
(Dollars in millions, except per share data)March 31, 2026March 31, 2025
Allowance for loan and lease losses to total loans and leases1.13 %1.32 %
Net charge-offs (recoveries) to average loans and leases (annualized)0.18 %0.19 %
Text removed vs the prior filing · source: 10-Q · 2025-11-06
On August 1, 2025, FHN redeemed all outstanding shares of its Series B Preferred Stock with a carrying value of $77 million. Prior to the redemption, the Series B Preferred Stock qualified as Tier 1 capital. For more
FHN reported third quarter 2025 net income available to common shareholders of $254 million, or $0.50 per diluted share, compared to $233 million, or $0.45 per diluted share, in second quarter 2025 and $213 million, or $0.40 per diluted share, in third quarter 2024.
Net interest income of $674 million increased $33 million compared to second quarter 2025, driven by average balance growth in higher yielding assets and cash basis income, as well as increased accretion of $12 million related to the Main Street Lending Program. Net interest income increased $47 mil…
Provision for credit losses was a credit of $5 million for third quarter 2025 compared to an expense of $30 million for second quarter 2025 and an expense of $35 million for third quarter 2024. Net charge-offs were $26 million, or 17 basis points, compared to $34 million, or 22 basis points, in seco…
Noninterest income of $215 million increased $26 million compared to second quarter 2025, largely driven by improvement in the counter-cyclical businesses, as fixed income revenues increased $15 million and mortgage banking revenues increased $5 million. Noninterest income for third quarter 2025 inc…
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice