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
DateValue
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