Discontinued — last reported Q4 '23
Institutional Services Wealth Management — Goodwill Acquired
M&T Bank Institutional Services Wealth Management — Goodwill Acquired remained flat by 0.0% to $6.25M in Q4 2023 compared to the prior quarter.
Analysis
How to read this metric
An increase indicates active expansion or consolidation within the wealth management and institutional services sector, while a lack of activity suggests a focus on organic growth or a pause in M&A. High levels of goodwill acquisition may signal management's confidence in future synergies but also increases the risk of future impairment charges if the acquired business underperforms.
Detailed definition
This metric represents the value of goodwill recognized during the reporting period specifically attributable to acquisi...
Peer comparison
Peers in the regional and national banking space report similar figures under 'Goodwill' or 'Acquisition-related Intangibles' within their segment disclosures, often varying significantly based on the timing of specific M&A cycles.
mtb_segment_institutional_services_wealth_management_goodwill_acquired_during_periodHistorical Data
| FY'23 | |
|---|---|
| Value | $25.00M |
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Frequently Asked Questions
- What is M&T Bank's institutional services wealth management — goodwill acquired?
- M&T Bank (MTB) reported institutional services wealth management — goodwill acquired of $6.25M in Q4 2023.
- What does institutional services wealth management — goodwill acquired mean?
- The amount of premium paid over the fair value of net assets for acquisitions made within the Institutional Services and Wealth Management segment during the period.