First Horizon Announces Results of its 2024 Company-Run Stress Test
First Horizon(FHN) Prnewswire·2024-07-30 20:15"Our 2024 capital stress test results in a minimum Common Equity Tier 1 capital ratio of 9.5% which is 500 bps over the required regulatory minimum," said Chief Financial Officer Hope Dmuchowski. "That buffer is driven by FHN's diversified loan portfolio, countercyclical businesses, and strong risk culture that enables the bank to support clients as well as pursue opportunistic relationships through economic cycles." These results include a $0.15 quarterly common stock dividend throughout the nine-quarter s ...