First Horizon (First Horizon) Scaled Net Operating Assets

: 0.00 (As of Dec. 2023)

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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Horizon's operating assets for the quarter that ended in Dec. 2023 was $70,930 Mil. First Horizon's operating liabilities for the quarter that ended in Dec. 2023 was $70,894 Mil. First Horizon's Total Assets for the quarter that ended in Sep. 2023 was $82,533 Mil. Therefore, First Horizon's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.00.

First Horizon Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

First Horizon's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(79321	-	70894)	/	78953
=	0.11

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	81661	-	2340
=	79321

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	72370	-	1150	-	326
=	70894

First Horizon's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(70930	-	70894)	/	82533
=	0.00

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	81661	-	10731
=	70930

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	72370	-	1150	-	326
=	70894

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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First Horizon (First Horizon) Business Description

Industry

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Address

165 Madison Avenue, Memphis, TN, USA, 38103

Website

https://www.firsthorizon.com

First Horizon Corp is the parent company of First Tennessee Bank, a prominent regional bank with about 200 branches around Tennessee. The regional bank is responsible for roughly 65% of its revenue, while capital markets make a 25% contribution. The remainder is split between the firm's non-strategic (wind-down) and corporate operations. First Horizon concentrates on offering a variety of banking products mainly in its home state, where it has the second- largest deposit franchise with a 13% deposit market share.

Executives

Velia Carboni	director	165 MADISON AVE, MEMPHIS TN 38103
William H Fenstermaker	director	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Vicki R Palmer	director	PO BOX 723040, ATLANTA GA 30339
Rosa Sugranes	director	2975 N.W. 77TH AVE, DORAL FL 33132
Reed Colin V	director
Wendy P Davidson	director	2210 WEST OAKLAWN DRIVE, SPRINGDALE AR 72762
D Bryan Jordan	officer: EVP and CFO
Terry Lawson Akins	officer: Sr. EVP, Chief Risk Officer	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
David T Popwell	officer: EVP-Regional Bkg & Bkg COO	165 MADISON AVENUE, MEMPHIS TN 38103
Tammy Locascio	officer: Sr. EVP, Chief HR Officer	165 MADISON AVE, MEMPHIS TN 38103
Daryl G Byrd	director, officer: Executive Chairman of Board	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Anthony J Restel	officer: SEVP Chief Operating Officer	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Hope Dmuchowski	officer: Sr. EVP & CFO	165 MADISON AVE, MEMPHIS TN 38103
Losch William C Iii	officer: EVP and CFO	165 MADISON AVENUE, MEMPHIS TN 38103
Elizabeth A Ardoin	officer: SEVP, Chief Communications Ofc	200 WEST CONGRESS STREET, LAFAYETTE LA 70501