First Horizon (FHN) has released an update to notify the public and investors about a regulation fd disclosure.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
The report from FHN incorporates non-GAAP financial measures alongside regulatory measures not defined by GAAP but are important for understanding FHN’s financial condition and results. Non-GAAP measures such as fully taxable equivalent measures, pre-provision net revenue, and various performance ratios provide insight into FHN’s operations and are used internally by management and the Board of Directors. These non-GAAP measures, as well as reconciliations to their closest GAAP counterparts, are detailed towards the end of the exhibits provided. Additionally, regulatory measures like common equity tier 1 capital and risk-weighted assets, while not GAAP, offer a standardized basis for comparing capital adequacy with other institutions, conforming to regulatory presentations and are used by banking regulators.
For further insights into FHN stock, check out TipRanks’ Stock Analysis page.
