{"id":405725,"date":"2020-12-28T07:33:18","date_gmt":"2020-12-28T12:33:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405725"},"modified":"2020-12-28T07:33:18","modified_gmt":"2020-12-28T12:33:18","slug":"first-horizon-announces-results-of-its-2020-company-run-stress-test","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/","title":{"rendered":"First Horizon Announces Results of its 2020 Company-Run Stress Test"},"content":{"rendered":"<div class=\"mw_release\">\n<p>MEMPHIS, Tenn., Dec.  28, 2020  (GLOBE NEWSWIRE) &#8212; First Horizon Corporation (NYSE: FHN or the \u201cCompany\u201d) today announced the results of its 2020 Bank Holding Company-run capital stress test results which demonstrate the ability to successfully navigate periods of economic stress and maintain capital ratios well above regulatory minimums. These internal results, which utilized the 2020\u00a0Severely Adverse Scenario published by the Federal Reserve on September 17, 2020, reflect continued strong risk discipline.<\/p>\n<p>\u201cOur stress test results demonstrate the resiliency and enhanced earnings power of our more diversified business model, benefit of our countercyclical businesses and our expanded geographic presence,\u201d said William C. Losch, Chief Financial Officer. \u201dOur minimum common equity tier one capital ratio of 8.2% remains well above regulatory requirements, and our stressed loss rates and pre-provision net revenue significantly outperformed the CCAR bank medians.\u201d<\/p>\n<p>The following table reflects the Company\u2019s ending and minimum capital ratios under stress compared to the required regulatory minimums.<\/p>\n<table style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td rowspan=\"2\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">\n<p>            <strong>% Regulatory Ratio<\/strong><\/p>\n<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Actual (%)<\/strong>\n          <\/td>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Projected Stressed Capital Ratios (%)<\/strong>\n          <\/td>\n<td rowspan=\"2\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Minimum<br \/> Regulatory Capital<br \/> Ratios (%)<\/strong><br \/>\n            \n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Q2 2020<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Ending<\/strong>\n          <\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\n            <strong>Minimum<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Common equity tier 1 capital ratio<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">9.3<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">8.4<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">8.2<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">4.5<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Tier 1 risk-based capital ratio<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">10.7<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">9.5<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">9.2<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">6.0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Total risk-based capital ratio<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">12.5<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">11.7<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">11.4<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">8.0<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">Tier 1 leverage ratio<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">8.6<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">7.7<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">7.3<\/td>\n<td style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">4.0<\/td>\n<\/tr>\n<\/table>\n<p>The Company\u2019s minimum common equity tier 1 ratio under stress of 8.2% reflects an additional $3.1 billion in pre-tax loss absorption capacity above the 4.5% required regulatory minimum. These results include a $0.15 quarterly common stock dividend throughout the nine quarter forecast horizon.<\/p>\n<p>Additionally First Horizon\u2019s commercially-oriented portfolio stressed loss rate of 2.8% outperformed the median CCAR bank result of 6.9%. The Company\u2019s stress test utilized Current Expected Credit Loss-based models for allowance and credit losses and reflected total cumulative losses of $1.5 billion, excluding Paycheck Protection Program loans. The Company\u2019s pre-provision net revenue as a percentage of total assets of 3.5% exceeded the peer median by 150 basis points and reflects the benefit of First Horizon\u2019s countercyclical businesses.<\/p>\n<p>For more information, please see First Horizon\u2019s 2020 stress test disclosure at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rvRh0c4UFtRZ2mR5cxK2mnLT8gU5P_CZmRHSISlvGkPARxLgOSPdjLtiizHD27rL9faYHum5Y7eJyoqIWMe0M07eVStSHA0pdu7K1Ny71XroaLm8J6fuRbyM4dNQJiWpj59qtbNXn7SBPFsR6XiBUB0um1BiPS0uShmOiWZldsFfgRNWlJnpsbxKATsjbPlHTEzYj9iXAjZOm1wnDxhUECEGip7LBzwHYG39AkUbR-ygoCVBc0Mm48l0r0jANXJm9LdD6xMsxdIBqa1SnWdPXA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/ir.fhnc.com\/investor-relations\/news-and-events\/stress-testing-results\/default.aspx<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zWIIcdW3eNNOWtzWG-0OD_bsLFDc9ZOJEZwoeEZoAXm2zrRlbiNZt8mWu-Cq1nCR_x80A8X1-0I4_7TY7DkC2JdcmKIL9lqLydKypkq8JexaIxvCgRjZjTP62qCDkSppKrxQcxOJBbPEgXCBCCP9tCojCzAeMUHKDOmNr8uCQkU=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">.<\/a><\/p>\n<p>\n        <strong>About First Horizon<\/strong>\n      <\/p>\n<p>First Horizon National Corp. (NYSE:FHN), with $83 billion in assets, is a leading regional financial services company, dedicated to strengthening the lives of our associates, clients, shareholders, and communities. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates nearly 500 bank locations in 12 states across the Southeast. With more than 288 years of combined First Horizon Bank and IBERIABANK financial experience, the Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, mortgage, and title insurance services. First Horizon is recognized as one of the nation&#8217;s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. bank. More information is available at www.FirstHorizon.com.<\/p>\n<p>FHN-G<\/p>\n<p>\n        <strong>CONTACT:\u00a0 <\/strong>\n      <\/p>\n<p>Investor Relations, Ellen Taylor, 901-523-4450<\/p>\n<p>Media Relations, Beth Ardoin, (337) 521-4701<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/da2abbda-c279-4222-9f08-65cf2358b880\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MEMPHIS, Tenn., Dec. 28, 2020 (GLOBE NEWSWIRE) &#8212; First Horizon Corporation (NYSE: FHN or the \u201cCompany\u201d) today announced the results of its 2020 Bank Holding Company-run capital stress test results which demonstrate the ability to successfully navigate periods of economic stress and maintain capital ratios well above regulatory minimums. These internal results, which utilized the 2020\u00a0Severely Adverse Scenario published by the Federal Reserve on September 17, 2020, reflect continued strong risk discipline. \u201cOur stress test results demonstrate the resiliency and enhanced earnings power of our more diversified business model, benefit of our countercyclical businesses and our expanded geographic presence,\u201d said William C. Losch, Chief Financial Officer. \u201dOur minimum common equity tier one capital ratio of 8.2% remains well above regulatory &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;First Horizon Announces Results of its 2020 Company-Run Stress Test&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405725","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First Horizon Announces Results of its 2020 Company-Run Stress Test - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First Horizon Announces Results of its 2020 Company-Run Stress Test - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MEMPHIS, Tenn., Dec. 28, 2020 (GLOBE NEWSWIRE) &#8212; First Horizon Corporation (NYSE: FHN or the \u201cCompany\u201d) today announced the results of its 2020 Bank Holding Company-run capital stress test results which demonstrate the ability to successfully navigate periods of economic stress and maintain capital ratios well above regulatory minimums. These internal results, which utilized the 2020\u00a0Severely Adverse Scenario published by the Federal Reserve on September 17, 2020, reflect continued strong risk discipline. \u201cOur stress test results demonstrate the resiliency and enhanced earnings power of our more diversified business model, benefit of our countercyclical businesses and our expanded geographic presence,\u201d said William C. Losch, Chief Financial Officer. \u201dOur minimum common equity tier one capital ratio of 8.2% remains well above regulatory &hellip; Continue reading &quot;First Horizon Announces Results of its 2020 Company-Run Stress Test&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-28T12:33:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"First Horizon Announces Results of its 2020 Company-Run Stress Test\",\"datePublished\":\"2020-12-28T12:33:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/\"},\"wordCount\":460,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/\",\"name\":\"First Horizon Announces Results of its 2020 Company-Run Stress Test - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI=\",\"datePublished\":\"2020-12-28T12:33:18+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/first-horizon-announces-results-of-its-2020-company-run-stress-test\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"First Horizon Announces Results of its 2020 Company-Run Stress Test\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"First Horizon Announces Results of its 2020 Company-Run Stress Test - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/","og_locale":"en_US","og_type":"article","og_title":"First Horizon Announces Results of its 2020 Company-Run Stress Test - Market Newsdesk","og_description":"MEMPHIS, Tenn., Dec. 28, 2020 (GLOBE NEWSWIRE) &#8212; First Horizon Corporation (NYSE: FHN or the \u201cCompany\u201d) today announced the results of its 2020 Bank Holding Company-run capital stress test results which demonstrate the ability to successfully navigate periods of economic stress and maintain capital ratios well above regulatory minimums. These internal results, which utilized the 2020\u00a0Severely Adverse Scenario published by the Federal Reserve on September 17, 2020, reflect continued strong risk discipline. \u201cOur stress test results demonstrate the resiliency and enhanced earnings power of our more diversified business model, benefit of our countercyclical businesses and our expanded geographic presence,\u201d said William C. Losch, Chief Financial Officer. \u201dOur minimum common equity tier one capital ratio of 8.2% remains well above regulatory &hellip; Continue reading \"First Horizon Announces Results of its 2020 Company-Run Stress Test\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-28T12:33:18+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"First Horizon Announces Results of its 2020 Company-Run Stress Test","datePublished":"2020-12-28T12:33:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/"},"wordCount":460,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/","name":"First Horizon Announces Results of its 2020 Company-Run Stress Test - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI=","datePublished":"2020-12-28T12:33:18+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzg4MyMzODk3MTkzIzIwMDcxNTI="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/first-horizon-announces-results-of-its-2020-company-run-stress-test\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"First Horizon Announces Results of its 2020 Company-Run Stress Test"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/405725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=405725"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/405725\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=405725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=405725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=405725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}