v3.26.1
Preferred Stock (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Non-Cumulative Perpetual Preferred Stock
The following table presents a summary of FHN's non-cumulative perpetual preferred stock.

PREFERRED STOCK
(Dollars in millions)June 30, 2026December 31, 2025
Issuance DateEarliest Redemption Date (a)Annual Dividend RateDividend PaymentsShares OutstandingLiquidation AmountCarrying AmountCarrying Amount
Series C7/2/20205/1/20266.600%
(b)
Quarterly— $— $ $59 
Series E5/28/202010/10/20256.500%Quarterly1,500 150 145 145 
Series F5/3/20217/10/20264.700%Quarterly1,500 150 145 145 
Series H3/12/20264/10/20316.750%Quarterly4,000 400 392 — 
7,000 $700 $682 $349 
(a)Denotes earliest optional redemption date. Earlier redemption is possible, at FHN's election, if certain regulatory capital events occur.
(b)On May 1, 2026, FHN redeemed all outstanding shares of its Series C Preferred Stock. 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.