First Horizon Announces Results of its 2024 Company-Run Stress Test
"Our 2024 capital stress test results in a minimum Common Equity Tier 1 capital ratio of 9.5% which is 500 bps over the required regulatory minimum," said Chief Financial Officer
The following table reflects the Company's starting, ending, and minimum capital ratios under the
% Regulatory Ratio |
Actual |
Projected Stressed Capital Ratios |
Regulatory Capital Ratios |
|
4Q23 |
Ending |
Minimum |
Minimum |
|
Common equity tier 1 capital ratio |
11.4 % |
11.1 % |
9.5 % |
4.5 % |
Tier 1 risk-based capital ratio |
12.4 % |
12.1 % |
10.5 % |
6.0 % |
Total risk-based capital ratio |
14.0 % |
14.0 % |
12.7 % |
8.0 % |
Tier 1 leverage ratio |
10.7 % |
10.9 % |
9.3 % |
4.0 % |
These results include a
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