Valley National Bank VLY Wealth Management — Goodwill
Discontinued — last reported Q2 '18
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Where this comes from
Reported directly by Valley National Bank in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
The official record: Valley National Bank’s 10-Q, filed August 8, 2018, on SEC EDGAR. View the filing →
Questions, answered.
- What does wealth management — goodwill mean?
- The total value of intangible assets recorded on the balance sheet specifically for the Wealth Management segment following past acquisitions.
- How do you interpret wealth management — goodwill?
- An increase indicates recent acquisitions within the wealth management space, while a decrease typically signals an impairment charge due to a decline in the segment's fair value.
- How does wealth management — goodwill compare across companies?
- Peers in the banking sector report this under segment-level intangible assets, with values varying based on the frequency and scale of M&A activity in their wealth divisions.