First Horizon Corporation

NYSE:FHN.PRB Stock Report

Market Cap: US$11.2b

First Horizon Balance Sheet Health

Financial Health criteria checks 6/6

First Horizon has total assets of $82.6B and total equity of $9.3B. Total deposits are $66.6B, and total loans are $61.6B. It earns a Net Interest Margin of 3.4%. It has sufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are $5.3B.

Key information

8.9x

Asset to equity ratio

3.4%

Net interest margin

Total deposits

US$66.58b

Loan to deposit ratio

Appropriate

Bad loans

0.9%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

US$5.31b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: FHN.PRB's Assets to Equity ratio (8.9x) is low.

Allowance for Bad Loans: FHN.PRB has a sufficient allowance for bad loans (142%).

Low Risk Liabilities: 91% of FHN.PRB's liabilities are made up of primarily low risk sources of funding.

Loan Level: FHN.PRB has an appropriate level of Loans to Assets ratio (75%).

Low Risk Deposits: FHN.PRB's Loans to Deposits ratio (93%) is appropriate.

Level of Bad Loans: FHN.PRB has an appropriate level of bad loans (0.9%).


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