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Regions Financial (Regions Financial) Goodwill : $5,733 Mil (As of Dec. 2023)


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What is Regions Financial Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Regions Financial's goodwill for the quarter that ended in Dec. 2023 was $5,733 Mil.


Regions Financial Goodwill Historical Data

The historical data trend for Regions Financial's Goodwill can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Regions Financial Goodwill Chart

Regions Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,845.00 5,190.00 5,744.00 5,733.00 5,733.00

Regions Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,733.00 5,733.00 5,733.00 5,733.00 5,733.00

Regions Financial Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Regions Financial  (NYSE:RF) Goodwill Explanation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Regions Financial's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (A: Dec. 2023 )=Goodwill/Total Assets
=5733/152194
=0.04

Regions Financial's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=5733/152194
=0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Regions Financial Goodwill Related Terms

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Regions Financial (Regions Financial) Business Description

Traded in Other Exchanges
Address
1900 Fifth Avenue North, Birmingham, AL, USA, 35203
Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset-management, wealth-management, securities brokerage, and trust services.
Executives
C. Matthew Lusco officer: SEVP & CRO P.O. BOX 11007 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
Ronald G. Smith officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
William D. Ritter officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
Mark A. Crosswhite director 600 NORTH 18TH STREET, BIRMINGHAM AL 35203
J Thomas Hill director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Noopur Davis director PO BOX 10247, BIRMINGHAM AL 35202-0247
Charles Dandridge Massey officer: SEVP PO BOX 10247, BIRMINGHAM AL 35202-0247
Karin K Allen officer: Principal Accounting Officer PO BOX 10247, BIRMINGHAM AL 35202-0247
Charles D Mccrary director, other: Non-Executive Chair 30 IVAN ALLEN JR. BLVD. NW, ATLANTA GA 30308
Amala Duggirala officer: SEVP PO BOX 10247, BIRMINGHAM AL 35202-0247
Joia M Johnson director C/O HANESBRANDS INC., 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
Turner David J Jr officer: CFO P O BOX 11007, 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
Scott M. Peters officer: SEVP 1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
David R. Keenan officer: EVP P. O. BOX 11007, 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
John B Owen officer: Sr Executive Vice President REGIONS FINANCIAL CORPORATION, 1900 5TH AVENUE NORTH, 21ST FLOOR, BIRMINGHAM AL 35203