Preferred Stock (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents a summary of FHN's non-cumulative perpetual preferred stock.


PREFERRED STOCK
(Dollars in millions)									March 31, 2026		December 31, 2025
	Issuance Date	Earliest Redemption Date (a)	Annual Dividend Rate		Dividend Payments	Shares Outstanding	Liquidation Amount		Carrying Amount		Carrying Amount


Series C	7/2/2020	5/1/2026	6.600%	(b)	Quarterly	5,750	$	58	$	59	$	59

Series E	5/28/2020	10/10/2025	6.500%		Quarterly	1,500	150		145		145
Series F	5/3/2021	7/10/2026	4.700%		Quarterly	1,500	150		145		145
Series H	3/12/2026	4/10/2031	6.750%		Quarterly	4,000	400		392		—
						12,750	$	758	$	741	$	349

(a)Denotes earliest optional redemption date. Earlier redemption is possible, at FHN's election, if certain regulatory capital events occur.

(b)On April 1, 2026, FHN provided notice of its intent to redeem all outstanding shares of its Series C Preferred Stock on May 1, 2026. The fixed dividend rate was set to convert to three-month CME Term SOFR plus 5.18161% (0.26161% plus 4.920%) on May 1, 2026. See Note 17 — Subsequent Events for more information.

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

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+ Details