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IBERIABANK (IBERIABANK) Intangible Assets : $1,308 Mil (As of Mar. 2020)


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What is IBERIABANK Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. IBERIABANK's intangible assets for the quarter that ended in Mar. 2020 was $1,308 Mil.


IBERIABANK Intangible Assets Historical Data

The historical data trend for IBERIABANK's Intangible Assets 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.

IBERIABANK Intangible Assets Chart

IBERIABANK Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 771.81 759.78 1,277.42 1,324.27 1,312.70

IBERIABANK Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Intangible Assets 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 1,320.03 1,317.19 1,314.71 1,312.70 1,307.67

IBERIABANK Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


IBERIABANK  (NAS:IBKC) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


IBERIABANK Intangible Assets Related Terms

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IBERIABANK (IBERIABANK) Business Description

Traded in Other Exchanges
N/A
Address
200 West Congress Street, Lafayette, LA, USA, 70501
Iberiabank is a bank holding company that concentrates on commercial banking in the southeastern United States. In addition, the company provides other comprehensive financial services, including retail banking, private banking, and mortgages. The company's strategy emphasizes growth, organically and through acquisitions. The company also emphasizes efficient operations through expense reduction and revenue enhancement. Iberiabank, the company's bank subsidiary, has hundreds of locations. Most of its income is net interest income. Nearly half of its commercial loan portfolio is in real estate.
Executives
Shea E Stewart Iii director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Kemp Sr James Michael director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Monica R. Sylvain officer: EVP, Chief Diversity Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicolas Young officer: EVP, CHIEF CREDIT OFFICER 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Fernando Perez-hickman officer: VICE CHAIRMAN 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Ricky E Maples director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
J Randolph Bryan officer: EVP, Dir of Bus Transformation 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Michael Scott Price officer: CHIEF ACCOUNTING OFFICER 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Worley Robert Bruce Jr officer: EVP, GENERAL COUNSEL 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Terry Lawson Akins officer: SEVP, CHIEF RISK OFFICER 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Elizabeth A Ardoin officer: SR EXECUTIVE VICE PRESIDENT 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Rosa Sugranes director 2975 N.W. 77TH AVE, DORAL FL 33132
Anthony J Restel officer: VICE CHAIRMAN, CFO 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Jefferson G Parker officer: VICE CHAIRMAN 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
William H Fenstermaker director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501