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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. New York Community Bancorp's goodwill for the quarter that ended in Dec. 2023 was $0 Mil.
The historical data trend for New York Community Bancorp'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.
New York Community Bancorp Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Goodwill | Get a 7-Day Free Trial | 2,426.38 | 2,426.00 | 2,426.00 | 2,426.00 | - |
New York Community Bancorp Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Goodwill | Get a 7-Day Free Trial | 2,426.00 | 2,426.00 | 2,426.00 | 2,426.00 | - |
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.
New York Community Bancorp (NYSE:NYCB) 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.
New York Community Bancorp'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 |
= | 0 | / | 114057 | |
= | 0.00 |
New York Community Bancorp'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 |
= | 0 | / | 114057 | |
= | 0.00 |
* 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.
Thank you for viewing the detailed overview of New York Community Bancorp's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Eric Howell | officer: SEVP/Pres Comm & Private Bking | 102 DUFFY AVENUE, HICKSVILLE NY 11801 |
Julie Signorille | officer: SEVP & COO | 102 DUFFY AVENUE, HICKSVILLE NY 11801 |
Nicholas Christopher Munson | officer: EVP & Chief Risk Officer | C/O NEW YORK COMMUNITY BANCORP, INC., 102 DUFFY AVENUE, HICKSVILLE NY 11801 |
Bryan Marx | officer: EVP & Princ Accounting Officer | 5151 CORPORATE DRIVE, TROY MI 48098 |
Lee Matthew Smith | officer: SEVP & President of Mortgage | C/O FLAGSTAR BANCORP INC., 5151 CORPORATE DRIVE, TROY MI 48098 |
John Thomas Adams | officer: SEVP Dir. Multi-Family Lending | C/O NEW YORK COMMUNITY BANCORP, INC., 102 DUFFY AVENUE, HICKSVILLE NY 11801 |
Reginald E Davis | officer: Sr EVP & President of Banking | 5151 CORPORATE DRIVE, TROY MI 48098 |
Ronald A. Rosenfeld | director | NEW YORK COMMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801 |
Marshall Lux | director | 5 BREWSTER STREET #2105, GLEN COVE NY 11542 |
Jennifer R Whip | director | 621 PUGH ROAD, WAYNE PA 19087 |
Alessandro Dinello | director, other: Non-Executive Chairman | 5300 DEER RIDGE ROAD, JACKSON MI 49201 |
Peter Schoels | director | GLOBAL AERO LOGISTICS INC., 101 WORLD DRIVE, PEACHTREE CITY GA 30269 |
Toan Huynh | director | 5151 CORPORATE DRIVE, TROY MI 48098 |
David L Treadwell | director | 222 S 15TH STREET, SUITE 600 N, OMAHA NE 68102 |
Hanif Dahya | director | NEW YORK COOMUNITY BANCORP INC, 102 DUFFY AVENUE, HICKSVILLE NY 11801 |
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