GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Amerant Bancorp Inc (NYSE:AMTB) » Definitions » Goodwill

Amerant Bancorp (Amerant Bancorp) Goodwill : $19.2 Mil (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Amerant Bancorp 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. Amerant Bancorp's goodwill for the quarter that ended in Mar. 2024 was $19.2 Mil.


Amerant Bancorp Goodwill Historical Data

The historical data trend for Amerant Bancorp'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.

Amerant Bancorp Goodwill Chart

Amerant Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill
Get a 7-Day Free Trial Premium Member Only 19.51 19.51 19.51 19.51 19.19

Amerant Bancorp 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 20.53 20.53 20.53 19.19 19.19

Amerant Bancorp 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.


Amerant Bancorp  (NYSE:AMTB) 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.

Amerant Bancorp'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
=19.19/9716.327
=0.00

Amerant Bancorp's Goodwill-to-Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill-to-Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=19.19/9817.772
=0.00

* 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.


Amerant Bancorp Goodwill Related Terms

Thank you for viewing the detailed overview of Amerant Bancorp's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.


Amerant Bancorp (Amerant Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
220 Alhambra Circle, Coral Gables, FL, USA, 33134
Amerant Bancorp Inc is a bank holding company. Through its bank, it provides individuals and businesses deposit, credit, investment, wealth management and fiduciary services, both in the United States and to select international customers. The bank also provides banking services through traditional channels, such as banking centers and ATMs, as well as via secure websites, mobile devices, and telephone.
Executives
Howard A. Levine officer: See remarks 220 ALHAMBRA CR., CORAL GABLES FL 33134
Sharymar Calderon officer: EVP - Chief Financial Officer 220 ALHAMBRA CR., CORAL GABLES FL 33134
Silvio Marshall Martin officer: See remarks 220 ALHAMBRA CR., CORAL GABLES FL 33134
Juan Esterripa officer: See remarks 220 ALHAMBRA CR., CORAL GABLES FL 33134
Gerald P Plush director AMERANT BANCORP INC., 220 ALHAMBRA CR. 12TH FLOOR, CORAL GABLES FL 33134
Ashaki Rucker director 220 ALHAMBRA CR., CORAL GABLES FL 33134
Mariola Sanchez officer: EVP Chief People Officer 220 ALHAMBRA CR., CORAL GABLES FL 33134
Erin D. Knight director 220 ALHAMBRA CR., CORAL GABLES FL 33134
Capriles L. Miguel A director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Vollmer A. Gustavo J director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Armando Fleitas officer: See remarks 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134
Orlando D Ashford director C/O AMERANT BANK, 220 ALHAMBRA CR., CORAL GABLES FL 33134
Oscar Suarez director 220 ALHAMBRA CR., CORAL GABLES FL 33134
Samantha Holroyd director 1711 MARAVILLA DR., HOUSTON TX 77055
Copeland Frederick C Jr director 220 ALHAMBRA CIRCLE, CORAL GABLES FL 33134

Amerant Bancorp (Amerant Bancorp) Headlines