What is Bank of New York Mellon's investment services — goodwill?

Bank of New York Mellon (BK) reported investment services — goodwill of $8.41B in Q3 2021.

What does investment services — goodwill mean?

The value of acquired businesses in the investment services segment that exceeds their tangible asset value.

Discontinued — last reported Q3 '21

Bank of New York Mellon Investment Services — Goodwill decreased by 0.3% to $8.41B in Q3 2021 compared to the prior quarter.

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2013

Last reportedQ3 2021

Rolls up toGoodwill

Stable or increasing levels suggest ongoing acquisition activity, while significant decreases signal impairment charges due to underperformance.

This represents the intangible asset value recorded when the investment services segment acquires other businesses for a...

Standard balance sheet item for firms that grow through M&A.

Metric ID: bk_segment_investment_services_goodwill

2 periods

	Q2 '21	Q3 '21
Value	$8.44B	$8.41B
QoQ Change	—	-0.3%

Range$8.41B – $8.44B

What is Bank of New York Mellon's investment services — goodwill?: Bank of New York Mellon (BK) reported investment services — goodwill of $8.41B in Q3 2021.
What does investment services — goodwill mean?: The value of acquired businesses in the investment services segment that exceeds their tangible asset value.