First Horizon Corporation

NYSE FHN

First Horizon Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 0.44

First Horizon Corporation Debt to Equity Ratio is 0.44 for the Trailing 12 Months (TTM) ending September 30, 2024, a -41.31% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • First Horizon Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 0.74, a 81.06% change year over year.
  • First Horizon Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 0.41, a -13.84% change year over year.
  • First Horizon Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 0.48, a -26.17% change year over year.
  • First Horizon Corporation Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 0.64, a 45.53% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NYSE: FHN

First Horizon Corporation

CEO Mr. D. Bryan Jordan
IPO Date March 17, 1980
Location United States
Headquarters 165 Madison Avenue
Employees 7,200
Sector Finance
Industries
Description

First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company operates through three segments: Regional Banking, Specialty Banking, and Corporate. It offers general banking services for consumers, businesses, financial institutions, and governments. The company also underwrites bank-eligible securities and other fixed-income securities eligible for underwriting by financial subsidiaries; sells loans and derivatives; and offers advisory services. In addition, it offers various services, such as mortgage banking; title insurance and loan-closing; brokerage; correspondent banking; nationwide check clearing and remittance processing; trust, fiduciary, and agency; equipment finance; and investment and financial advisory services. Further, the company sells mutual fund and retail insurance products; and credit cards. It operates approximately 500 banking offices in 22 states under the First Horizon Bank brand; and 400 banking centers in 12 states under the FHN Financial brand in the United States. The company was formerly known as First Horizon National Corporation and changed its name to First Horizon Corporation in November 2020. First Horizon Corporation was founded in 1864 and is headquartered in Memphis, Tennessee.

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StockViz Staff

January 15, 2025

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