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

Bank of New York Mellon (BK) reported securities services — goodwill impairment of $0.00 in Q4 2022.

What does securities services — goodwill impairment mean?

A non-cash charge reflecting a reduction in the value of goodwill attributed to the Securities Services business segment.

Discontinued — last reported Q4 '22

Business Segments · Goodwill impairment

Securities Services — Goodwill impairment

This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryRisk

SignalLower is better

VolatilityStable

First reportedQ1 2022

Last reportedQ4 2022

Rolls up toGoodwill impairment

How to read this metric

An increase indicates a decline in the expected future economic benefits of past acquisitions within the segment, while a zero or low value suggests stable or growing asset valuations.

Detailed definition

This metric represents the non-cash charge recognized when the carrying value of goodwill associated with the Securities...

Peer comparison

Commonly reported as 'Goodwill Impairment' by financial institutions under GAAP or IFRS, often found in segment notes or the consolidated income statement.

Metric ID: bk_segment_securities_services_goodwill_impairment

Historical Data

1 years

	FY'22
Value	$0.00

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Frequently Asked Questions

What is Bank of New York Mellon's securities services — goodwill impairment?: Bank of New York Mellon (BK) reported securities services — goodwill impairment of $0.00 in Q4 2022.
What does securities services — goodwill impairment mean?: A non-cash charge reflecting a reduction in the value of goodwill attributed to the Securities Services business segment.