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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. Bank of Marin Bancorp's goodwill for the quarter that ended in Mar. 2024 was $72.75 Mil.
The historical data trend for Bank of Marin 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.
Bank of Marin Bancorp Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Goodwill | Get a 7-Day Free Trial | 30.14 | 30.14 | 72.75 | 72.75 | 72.75 |
Bank of Marin 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 | 72.75 | 72.75 | 72.75 | 72.75 | 72.75 |
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.
Bank of Marin Bancorp (NAS:BMRC) 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.
Bank of Marin 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 |
= | 72.75 | / | 3803.903 | |
= | 0.02 |
Bank of Marin 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 |
= | 72.75 | / | 3767.176 | |
= | 0.02 |
* 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.
Thank you for viewing the detailed overview of Bank of Marin Bancorp's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.
Mcdevitt Jr William H | director | 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947 |
Cigdem Gencer | director | 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947 |
David Bonaccorso | officer: Senior Vice President | 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947 |
David A Bloom | officer: Executive Vice President | 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947 |
Misako Stewart | officer: EVP, Chief Credit Officer | 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947 |
Timothy D Myers | officer: Senior Vice President | 504 REDWOOD BOULEVARD, STE 100, NOVATO CA 94947 |
Arasadi Sathis | officer: Executive Vice President | 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947 |
Secil Tabli Watson | director | 504 REDWOOD BLVD., STE. 100, NOVATO CA 94947 |
David A Merck | officer: Principal Accounting Officer | 504 REDWOOD BOULEVARD, STE. 100, NOVATO CA 94947 |
Kevin R Kennedy | director | 504 REDWOOD BLVD STE 100, NOVATO CA 94947 |
H Robert Heller | director | 90 GILMARTIN DRIVE, TIBURON CA 94920 |
Charles D Fite | director | 8707 HAMMERSMITH LANE, FAIR OAKS CA 95628-6300 |
Russell A Colombo | director, officer: President and CEO | 504 REDWOOD BOULEVARD, SUITE 100, NOVATO CA 94947 |
Steven I. Barlow | director | 504 REDWOOD BLVD., SUITE 100, NOVATO CA 94947 |
Sanjiv Siddharth Sanghvi | director | 504 REDWOOD BOULEVARD, STE 100, NOVATO CA 94947 |
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