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Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Farmers & Merchants Bank of Long Beach Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Farmers & Merchants Bank of Long Beach's Goodwill for the quarter that ended in Mar. 2024 was $0.0 Mil. Farmers & Merchants Bank of Long Beach's Total Assets for the quarter that ended in Mar. 2024 was $12,191.1 Mil. Therefore, Farmers & Merchants Bank of Long Beach's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.00.


Farmers & Merchants Bank of Long Beach Goodwill-to-Asset Historical Data

The historical data trend for Farmers & Merchants Bank of Long Beach's Goodwill-to-Asset 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.

Farmers & Merchants Bank of Long Beach Goodwill-to-Asset Chart

Farmers & Merchants Bank of Long Beach Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Farmers & Merchants Bank of Long Beach Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Farmers & Merchants Bank of Long Beach's Goodwill-to-Asset

For the Banks - Regional subindustry, Farmers & Merchants Bank of Long Beach's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Farmers & Merchants Bank of Long Beach's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Farmers & Merchants Bank of Long Beach's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Farmers & Merchants Bank of Long Beach's Goodwill-to-Asset falls into.



Farmers & Merchants Bank of Long Beach Goodwill-to-Asset Calculation

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.

Farmers & Merchants Bank of Long Beach'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
=0/12035.854
=0.00

Farmers & Merchants Bank of Long Beach'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
=0/12191.083
=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.


Farmers & Merchants Bank of Long Beach  (OTCPK:FMBL) Goodwill-to-Asset Explanation

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.


Farmers & Merchants Bank of Long Beach Goodwill-to-Asset Related Terms

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Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Business Description

Traded in Other Exchanges
N/A
Address
302 Pine Avenue, Long Beach, CA, USA, 90802
Farmers & Merchants Bank of Long Beach provides business banking products and services. It offers banking products and services, including accepting demand, money market, savings, and time deposits; originating loans, including commercial real estate loans, construction loans, and commercial business loans; and providing other business-oriented banking products and services. The Bank also provides financing for residential loans, including single-family and multifamily loans.

Farmers & Merchants Bank of Long Beach (Farmers & Merchants Bank of Long Beach) Headlines