GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » M&T Bank Corp (NYSE:MTB) » Definitions » Goodwill-to-Asset

M&T Bank (M&T Bank) Goodwill-to-Asset : 0.04 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is M&T Bank Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. M&T Bank's Goodwill for the quarter that ended in Dec. 2023 was $8,465 Mil. M&T Bank's Total Assets for the quarter that ended in Dec. 2023 was $208,264 Mil. Therefore, M&T Bank's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.04.


M&T Bank Goodwill-to-Asset Historical Data

The historical data trend for M&T Bank's Goodwill-to-Asset 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.

M&T Bank Goodwill-to-Asset Chart

M&T Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.03 0.04 0.04

M&T Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Goodwill-to-Asset 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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of M&T Bank's Goodwill-to-Asset

For the Banks - Regional subindustry, M&T Bank's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


M&T Bank's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, M&T Bank's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where M&T Bank's Goodwill-to-Asset falls into.



M&T Bank Goodwill-to-Asset Calculation

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.

M&T Bank's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=8465/208264
=0.04

M&T Bank's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=8465/208264
=0.04

* 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.


M&T Bank  (NYSE:MTB) Goodwill-to-Asset Explanation

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.


M&T Bank Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of M&T Bank's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


M&T Bank (M&T Bank) Business Description

Traded in Other Exchanges
Address
One M&T Plaza, Buffalo, NY, USA, 14203
M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.
Executives
John P Barnes director C/O PEOPLE'S UNITED BANK, 850 MAIN STREET, BRIDGEPORT CT 06604
Kirk W Walters director C/O PEOPLE'S UNITED BANK, 850 MAIN STREET, 16TH FLOOR, BRIDGEPORT CT 06604
Gary N Geisel director C/O PROVIDENT BANKSHARES CORP, 114 LEXINGTON STREET, BALTIMORE MD 21202
Robert J Bojdak officer: Executive Vice President ONE FOUNTAIN PLAZA, BUFFALO NY 14203
Doris P. Meister officer: Executive Vice President 1100 NORTH MARKET STREET, WILMINGTON DE 19801
Daryl N. Bible officer: Sr. EVP & CFO 214 N TRYON STREET, CHARLOTTE NC 28202
John R. Taylor officer: EVP & Controller ONE M&T PLAZA, BUFFALO NY 14203
Ledgett Richard H. Jr. director 1052 ST. STEPHENS CHURCH ROAD, CROWNSVILLE MD 21032
Carlton J. Charles director 300 WEST 57TH STREET, NEW YORK NY 10019
Warman D Scott N officer: Senior Vice President ONE M&T PLAZA, BUFFALO NY 14203
Michael J. Todaro officer: Executive Vice President ONE M&T PLAZA, BUFFALO NY 14203
Michele D Trolli officer: Exec. VP & Chief Info. Officer 465 MAIN STREET, 8TH FLOOR, BUFFALO NY 14203
Edna Jennifer Warren officer: Executive Vice President ONE M&T PLAZA, BUFFALO NY 14203
Christopher E Kay officer: Executive Vice President 500 W MAIN STREET, LOUISVILLE KY 40202
Kevin J Pearson officer: Executive Vice President