First Horizon (First Horizon) Efficiency Overhead Ratio % : 0.00% (As of . 20)

View and export this data going back to 2020. Start your Free Trial

What is First Horizon Efficiency Overhead Ratio %?

Efficiency Overhead Ratio % for banks is non-interest expenses divided by revenue. It helps show how well banks control their overhead expenses. A lower Efficiency Overhead Ratio suggests that the bank is operating better.

The historical rank and industry rank for First Horizon's Efficiency Overhead Ratio % or its related term are showing as below:

FHNpE.PFD's Efficiency Overhead Ratio % is not ranked ^*
in the Banks industry.
Industry Median:
* Ranked among companies with meaningful Efficiency Overhead Ratio % only.

First Horizon Efficiency Overhead Ratio % Historical Data

The historical data trend for First Horizon's Efficiency Overhead Ratio % can be seen below:

* 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.

* Premium members only.

First Horizon Efficiency Overhead Ratio % Chart

First Horizon (NYSE:FHNpE.PFD) Efficiency Overhead Ratio % Calculation

Efficiency Overhead Ratio % is calculated as

Efficiency Overhead Ratio %

Non-interest Expenses

Revenue

First Horizon (NYSE:FHNpE.PFD) Efficiency Overhead Ratio % Explanation

Efficiency Overhead Ratio % is typically used to analyze how well a company uses its assets and liabilities. It typically calculates the turnover of receivables, the repayment of liabilities, etc. In the banking industry, Efficiency Overhead Ratio % specifically refers to non-interest expenses divided by revenue. This ratio shows how well banks control their overhead expenses and allows analysts to assess their performance.

An Efficiency Overhead Ratio lower than 50% is considered to be optimal. If the Efficiency Overhead Ratio decreases, it means the bank’s expenses are decreasing and revenues are increasing, suggesting the bank is operating better.

First Horizon Efficiency Overhead Ratio % Related Terms

Thank you for viewing the detailed overview of First Horizon's Efficiency Overhead Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.

First Horizon (First Horizon) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Horizon Corp (NYSE:FHNpE.PFD) » Definitions » Efficiency Overhead Ratio %

Comparable Companies

Traded in Other Exchanges

FHNpF.PFD:USA FHNpB.PFD:USA FHNpC.PFD:USA FHNpD.PFD:USA FHN:USA FT2:Germany

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.