First Horizon’s first quarter results reflected ongoing momentum in its core businesses despite revenue falling slightly short of Wall Street expectations. Management attributed the quarter’s performance to robust growth in commercial and industrial (C&I) lending, disciplined deposit pricing, and continued relationship banking across its regional footprint. CEO D. Bryan Jordan highlighted the strength of C&I pipelines, stating, “We still see a continuation of what we saw building in 2025, which is business owners and leaders looking to grow, invest, and build.” The company also noted improved profitability metrics, driven by a focus on deepening client relationships and optimizing the balance sheet.

Is now the time to buy FHN? Find out in our full research report (it’s free for active Edge members).

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From First Horizon’s Q1 Earnings Call

• Jon Glenn Arfstrom (RBC Capital Markets) asked about C&I pipeline strength amid macro uncertainty. CEO D. Bryan Jordan noted pipelines remain strong, with limited impact from global events, and optimism for continued growth in 2026.

• Michael Edward Rose (Raymond James) inquired about deposit competition and pricing. CFO Hope Dmuchowski explained that deposit costs may trend up slightly without further rate cuts, but competitive discipline and new-to-bank activity should keep increases manageable.

• Jared David Shaw (Barclays) questioned whether AI-driven cost savings are embedded in profitability targets. Dmuchowski clarified that guidance is based on revenue growth from deepening relationships, with no explicit cost savings from AI factored in.

• Casey Haire (Autonomous) asked about asset yield repricing and net interest margin (NIM) outlook. D. Bryan Jordan and Dmuchowski described over $6 billion in assets set to reprice in 2026, supporting margin stability despite modest deposit cost pressures.

• Bernard Von Gazzicchi (Deutsche Bank) pressed for detail on revenue initiatives supporting $100 million of incremental pre-provision net revenue. Dmuchowski and Jordan highlighted CRE pricing improvements and deeper client relationships as primary drivers.

Catalysts in Upcoming Quarters

In the coming quarters, the StockStory team will be watching (1) the pace and breadth of C&I and CRE loan growth, (2) ongoing expense control and the effectiveness of technology investments in supporting scalable revenue growth, and (3) signs of credit normalization or emerging risks in consumer and commercial portfolios. The evolution of deposit competition and capital deployment will also serve as key markers for execution.

First Horizon currently trades at $24.66, up from $24.25 just before the earnings. In the wake of this quarter, is it a buy or sell? The answer lies in our full research report (it’s free).

High-Quality Stocks for All Market Conditions

ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren't just high-quality businesses. Something is happening with them right now. Elite fundamentals meeting near-term momentum — both boxes checked at the same time.

Find out which stocks our AI platform is flagging this week. See this week's Strong Momentum stocks — FREE. Get Our Strong Momentum Stocks for Free HERE.

Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.