First Horizon Balance Sheet Health
Financial Health criteria checks 6/6
First Horizon has total assets of $82.2B and total equity of $9.1B. Total deposits are $65.6B, and total loans are $61.8B. It earns a Net Interest Margin of 3.4%. It has sufficient allowance for bad loans, which are currently at 1% of total loans. Cash and short-term investments are $4.5B.
Key information
9x
Asset to equity ratio
3.4%
Net interest margin
| Total deposits | US$65.58b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.0% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$4.46b |
Recent financial health updates
No updates
Recent updates
First Horizon: What's Next After A Meaningful Re-Rating?
Dec 31First Horizon (NYSE:FHN) Has Affirmed Its Dividend Of $0.15
Nov 02
First Horizon: Solid Q3 Results Leave Shares With More Upside Potential
Oct 19First Horizon: A Double Downgrade Is In Order
Oct 11First Horizon (NYSE:FHN) Has Announced A Dividend Of $0.15
Jul 28First Horizon Needs To Transition From Stabilization To Growth
Jul 23First Horizon Corporation: A Historic Bank At A Discount
May 21First Horizon (NYSE:FHN) Is Paying Out A Dividend Of $0.15
Apr 28First Horizon: Strong Capital Position And Growth Prospects
Dec 19First Horizon: A 2024 Buyback Can Lift Shares
Dec 10First Horizon Makes For A Strong Prospect Heading Into Third Quarter Earnings
Oct 11First Horizon: Good Bank And Healthy Dividend But Questionable Liquidity
Sep 30Moon Capital - First Horizon: Balance Sheet Capacity Sets It Apart
Jul 26First Horizon: 7.5% Dividend Yield For 87 Cents On The Dollar With The Preferreds
Jul 12Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FHN's Assets to Equity ratio (9x) is low.
Allowance for Bad Loans: FHN has a sufficient allowance for bad loans (135%).
Low Risk Liabilities: 90% of FHN's liabilities are made up of primarily low risk sources of funding.
Loan Level: FHN has an appropriate level of Loans to Assets ratio (75%).
Low Risk Deposits: FHN's Loans to Deposits ratio (94%) is appropriate.
Level of Bad Loans: FHN has an appropriate level of bad loans (1%).
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 15:06 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Horizon Corporation is covered by 39 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David George | Baird |
| Brennan Crowley | Baird |
| Jason Goldberg | Barclays |