GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Park Sterling Corp (NAS:PSTB) » Definitions » Goodwill

Park Sterling (Park Sterling) Goodwill : $63.3 Mil (As of Sep. 2017)


View and export this data going back to 2007. Start your Free Trial

What is Park Sterling Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Park Sterling's goodwill for the quarter that ended in Sep. 2017 was $63.3 Mil.


Park Sterling Goodwill Historical Data

The historical data trend for Park Sterling's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Park Sterling Goodwill Chart

Park Sterling Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Goodwill
Get a 7-Day Free Trial Premium Member Only 26.42 26.46 29.20 29.20 63.32

Park Sterling Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.03 63.32 63.32 63.32 63.32

Park Sterling Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Park Sterling  (NAS:PSTB) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Park Sterling's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Goodwill-to-Asset (A: Dec. 2016 )=Goodwill/Total Assets
=63.32/3255.395
=0.02

Park Sterling's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

Goodwill-to-Asset (Q: Sep. 2017 )=Goodwill/Total Assets
=63.32/3247.253
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Park Sterling Goodwill Related Terms

Thank you for viewing the detailed overview of Park Sterling's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Park Sterling (Park Sterling) Business Description

Traded in Other Exchanges
N/A
Address
Park Sterling Corp acts as a holding company for Park Sterling Bank. The company provides banking services to small and mid-sized businesses, owner-occupied and income-producing real estate owners, residential builders, institutions and professionals. Products of the company include personal, business and non-profit checking accounts, IOLTA (Interest on Lawyers' Trust Accounts) accounts, individual retirement accounts, business and personal money market accounts, time deposits, safe deposit boxes and online and mobile banking. In addition, it also provides lending activities include short- to medium-term commercial, real estate, construction, residential mortgage and consumer loans, as well as long-term residential mortgages. Revenue of the company mainly consists of interest income.
Executives
Donald K Truslow officer: Chief Financial Officer ONE M&T PLAZA, BUFFALO NY 14203
Larry W. Carroll director C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Jean E Davis director
James C. Cherry director, officer: CEO C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Donald E Pickett officer: Principal Accounting Officer C/O SCBT FINANCIAL CORPORATION, 520 GERVAIS STREET, COLUMBIA SC 29201
Thomas B Henson director THOMAS B HENSON, 2131 AYRSLEY TOWN BOULEVARD, SUITE 300, CHARLOTTE NC 28273
Walter C Ayers director 8903 SIERRA ROAD RICHMOND VA 23229
Stephen A. Arnall officer: Principal Accounting Officer C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204

Park Sterling (Park Sterling) Headlines

No Headlines