What does corporate segment — goodwill mean?

The value of intangible assets like brand and customer base recorded on the balance sheet following corporate acquisitions.

How do you interpret corporate segment — goodwill?

High levels indicate significant past acquisition activity, while changes reflect new deals or impairment adjustments.

How does corporate segment — goodwill compare across companies?

Standard balance sheet item for banks that have grown through M&A; comparable to 'Goodwill' on any bank's segment report.

Zions Bancorporation ZION Corporate Segment — Goodwill

Discontinued — last reported Q4 '19

Similar metrics at other companies

RFCorporate Bank — Goodwill

$3.01B0.0%

KEYConsumer Bank — Goodwill

$1.82B0.0%

KEYCommercial Bank — Goodwill

$933M0.0%

CFGCommercial Banking — Goodwill

$5.51B0.0%

PFGSegment Corporate — Goodwill

$1M0.0%

WTRGCorporate And Other — Goodwill

$4.84M0.0%

Other financials

Income statement

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Revenue$849.0M+6.8%

Net income$233.0M+37.1%

EPS (diluted)$1.56+38.1%

Balance sheet

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Total debt$2.2B+83.9%

Total equity$7.3B+15.3%

Total assets$88.0B0.0%

Cash flow

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Operating cash flow$423.0M+136%

CapEx$25.0M-7.4%

Free cash flow$398.0M+162%

Valuation

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Market cap$9.73B+15.2%

P/E10.1×-0.4×

P/S2.8×+0.2×

Profitability

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Net margin28%+2.8pp

FCF margin37.5%+7.0pp

Returns & leverage

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Return on equity14.1%+0.9pp

Debt / equity0.3×+0.1×

Where this comes from

Reported directly by Zions Bancorporation in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Zions Bancorporation’s 10-K, filed February 26, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does corporate segment — goodwill mean?: The value of intangible assets like brand and customer base recorded on the balance sheet following corporate acquisitions.
How do you interpret corporate segment — goodwill?: High levels indicate significant past acquisition activity, while changes reflect new deals or impairment adjustments.
How does corporate segment — goodwill compare across companies?: Standard balance sheet item for banks that have grown through M&A; comparable to 'Goodwill' on any bank's segment report.