First Horizon Corporation Increases Quarterly Cash Dividends for 2026
First Horizon Corporation Increases Quarterly Cash Dividends for 2026
First Horizon Corporation, a prominent regional financial services provider based in Memphis, Tennessee, has made headlines by declaring an increase in cash dividends for its common and preferred stock. The board of directors announced a quarterly cash dividend of $0.17 per share on the common stock, which represents a 13% increase from previous payouts. This increase clearly highlights the company’s solid financial standing and robust strategy aimed at providing value to its shareholders.
The declared cash dividend is set to be paid on April 1, 2026, to shareholders who are on record by March 13, 2026. Bryan Jordan, the Chairman of the Board, President, and CEO, emphasized the significance of this increase. He stated, "We are proud to raise our dividend to $0.17 per share, reflecting the strength of our franchise and momentum across our diversified businesses. After returning over $1.2 billion to shareholders in 2025, today’s dividend increase underscores our ongoing confidence in our performance and our ability to create value for our clients and shareholders."
In addition to the common stock dividend, First Horizon Corporation also declared dividends on its preferred stock. Details of the preferred stock dividends are as follows:
- - FHN Series C: A quarterly cash dividend of $165.00 per share on its 6.60% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock (Series C). This equates to a cash dividend of $0.4125 per Depositary Share. The payment date is set for May 1, 2026, for shareholders on record by April 16, 2026.
- - FHN Series E: A quarterly cash dividend of $1,625.00 per share on its 6.50% Non-Cumulative Perpetual Preferred Stock (Series E). This equates to a cash dividend of $0.40625 per Depositary Share, with payment on April 10, 2026, for shareholders recorded by March 26, 2026.
- - FHN Series F: A quarterly cash dividend of $1,175.00 per share on its 4.70% Non-Cumulative Perpetual Preferred Stock (Series F), translating to a cash dividend of $0.29375 per Depositary Share. The payment is also on April 10, 2026, for shareholders of record by March 26, 2026.
- - First Horizon Bank Class A: A quarterly cash dividend of $11.63871 per share on First Horizon Bank’s Class A Non-Cumulative Perpetual Preferred Stock, payable on April 10, 2026 to shareholders recorded by March 26, 2026.
These dividend announcements reflect First Horizon's dedication to rewarding its investors and reinforcing its commitment to sustainable growth. With over $83.9 billion in assets as of December 31, 2025, the organization is well-positioned in the competitive landscape of regional financial services. The diversified offerings include commercial banking, private banking, consumer services, small business support, wealth management, and capital markets services.
Further affirming its status in the industry, First Horizon has been recognized by Fortune and Forbes as one of the nation’s top employers and among the ten most reputable U.S. banks. The recent increase in dividends is a testament to the effective strategies implemented by First Horizon's management, showcasing their confidence in continuous customer and shareholder value creation, a commitment to enhancing shareholder returns, and a strategic focus on sustaining a 15%+ Return on Tangible Common Equity (ROTCE) in the intermediate term.
For further information, updates, and potential investment insights, individuals are encouraged to visit the company’s official website at www.FirstHorizon.com.
Topics Financial Services & Investing）
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