Severn Bancorp Goodwill

Severn Bancorp posts a goodwill of $770K as of June 2021. That compares with $1.1M in the prior-year period — down 30.3% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Severn Bancorp's goodwill was $1.1M. The latest reading is $770K — a 30.3% year-over-year decrease (period ending June 2021). Use the history and growth charts on this page for a longer lookback.

Goodwill is one piece of Severn Bancorp's financial statement story. At $770K, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for SVBI's goodwill usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Severn Bancorp's other metric pages and overview cover the third.

Judging Severn Bancorp against Finance peers is usually better than using a market-wide rule of thumb. Business models inside Finance are more comparable, which makes gaps in goodwill easier to interpret. Start with $770K here, then scan peer and history charts to see if the gap is persistent.