An announcement from First Horizon (FHN) is now available.
First Horizon Corporation (FHN) has released a report incorporating both non-GAAP and regulatory financial measures to offer insights into its fiscal health and operations. Non-GAAP measures like tangible common equity and pre-provision net revenue, among others, are used internally and believed by management to provide a clearer understanding of FHN’s financial condition. Additionally, regulatory measures, despite not being GAAP, are considered essential for comparing capital adequacy across financial institutions. The report also contains forward-looking statements based on current expectations, subject to change due to numerous factors. Reconciliations of non-GAAP to GAAP measures are available towards the end of the provided exhibits.
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