First Horizon (FHN) Debt to Equity (2016 - 2026)
First Horizon's (FHN) quarterly Debt to Equity came in at $0.6 in Q1 2026, down 1.37% year-on-year from $0.61 in Q1 2025, and up 15.69% quarter-over-quarter from $0.52 in Q4 2025.
First Horizon (FHN) Debt to Equity (2016 - 2026) Analysis & Trends
First Horizon has disclosed Debt to Equity across 11 years of filings, most recently posting $0.6 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.6, down 1.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.6 (down 1.37% YoY), and the FY2025 annual result was $0.52, up 2.54% from the prior year.
- Debt to Equity came in at $0.6 for Q1 2026 at First Horizon, up from $0.52 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.91 in Q1 2023 to a low of $0.23 in Q4 2022.
- The 5-year median for Debt to Equity is $0.5 (2024), against an average of $0.52.
- Across the five-year window, Debt to Equity jumped 138.94% in 2023 and slumped 53.63% in 2024, its largest moves.
- First Horizon's Debt to Equity stood at $0.23 in 2022, then soared by 46.23% to $0.33 in 2023, then jumped by 52.58% to $0.5 in 2024, then climbed by 2.54% to $0.52 in 2025, then gained by 15.69% to $0.6 in 2026.
- The last three Debt to Equity figures came in at $0.6 (Q1 2026), $0.52 (Q4 2025), and $0.63 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | 3.41 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | 0.66 |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | - |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 0.13 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | 1.61 |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 0.19 |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | 3.81 |
| 10 | First Horizon | 12.08 Bn | 5.16 Bn | - | 0.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.60 |
| Dec 31, 2025 | 0.52 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.52 |
| Mar 31, 2025 | 0.61 |
| Dec 31, 2024 | 0.50 |
| Sep 30, 2024 | 0.41 |
| Jun 30, 2024 | 0.64 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.33 |
| Sep 30, 2023 | 0.42 |
| Jun 30, 2023 | 0.90 |
| Mar 31, 2023 | 0.91 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.36 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.44 |
| Sep 30, 2021 | 0.45 |
| Jun 30, 2021 | 0.46 |