What is M&T Bank's commercial banking — goodwill?

M&T Bank (MTB) reported commercial banking — goodwill of $4.09B in Q3 2022.

What does commercial banking — goodwill mean?

The intangible value recorded when the commercial banking segment acquires other businesses for more than their net asset value.

Discontinued — last reported Q3 '22

M&T Bank Commercial Banking — Goodwill remained flat by 0.0% to $4.09B in Q3 2022 compared to the prior quarter.

StatementSegment

CategoryCapital Allocation

SignalContext dependent

VolatilityStable

First reportedQ4 2021

Last reportedQ3 2022

Rolls up toGoodwill

An increase suggests recent acquisitions, while a decrease indicates potential impairment charges or write-downs.

Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinat...

Common across regional banks that utilize M&A as a growth strategy; peers often report this as a component of total segment assets.

Metric ID: mtb_segment_commercial_banking_goodwill

3 periods

	Q4 '21	Q2 '22	Q3 '22
Value	$1.40B	$4.09B	$4.09B
QoQ Change	—	+191.6%	+0.0%

Range$1.40B – $4.09B

Current Streak2+ quarters growth

What is M&T Bank's commercial banking — goodwill?: M&T Bank (MTB) reported commercial banking — goodwill of $4.09B in Q3 2022.
What does commercial banking — goodwill mean?: The intangible value recorded when the commercial banking segment acquires other businesses for more than their net asset value.