• First Horizon average return on equity for 2023 was 10.89, a 8.9% decline from 2022.
• First Horizon average return on equity for 2022 was 10, a 23.25% increase from 2021.
• First Horizon average return on equity for 2021 was 13.03, a 41.02% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.