First Horizon to Sell $4.5B Mortgage Portfolio to Boost 2027 Earnings

Key Facts

1First Horizon plans to sell approximately $4.5 billion in mortgage loans.

2The company targets a ~4% EPS accretion for 2027 following the sale.

3The company expects its Net Interest Margin (NIM) to be in the 3.50s range.

First Horizon Corporation plans to sell approximately $4.5 billion in mortgage loans. Seeking Alpha reported that the company targets a 4% earnings per share (EPS) accretion for 2027 following the sale, with expectations for its Net Interest Margin (NIM) to reach the 3.50s range.

FHN closed at $22.67 on October 14, 2026, with the stock trading between a low of $22.39 and a high of $22.67 during that session. This strategic move is aimed at optimizing the bank's balance sheet and supporting long-term earnings growth.