Bank Bradesco (Bank Bradesco) Retained Earnings

: $-156 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank Bradesco's retained earnings for the quarter that ended in Dec. 2023 was $-156 Mil.

Bank Bradesco's quarterly retained earnings declined from Jun. 2023 ($95 Mil) to Sep. 2023 ($-133 Mil) and declined from Sep. 2023 ($-133 Mil) to Dec. 2023 ($-156 Mil).

Bank Bradesco's annual retained earnings increased from Dec. 2021 ($176 Mil) to Dec. 2022 ($237 Mil) but then declined from Dec. 2022 ($237 Mil) to Dec. 2023 ($-156 Mil).

Bank Bradesco Retained Earnings Historical Data

The historical data trend for Bank Bradesco's Retained Earnings 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.

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Bank Bradesco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

115.87

-45.51

175.52

237.17

-156.19

Bank Bradesco Quarterly Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																237.17	189.47	94.62	-132.51	-156.19

Bank Bradesco Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Bank Bradesco (NYSE:BBD) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Bank Bradesco (Bank Bradesco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Bradesco SA (NYSE:BBD) » Definitions » Retained Earnings

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Traded in Other Exchanges

BBDO:USA XBBDC:Spain BREC:Germany BBDC4:Brazil BBDC3:Brazil BBD:Argentina

Address

Cidade de Deus S/N, Vila Yara, Osasco, SP, BRA, 06029?900

Website

https://www.banco.bradesco/ri

Banco Bradesco is Brazil's second-largest private bank, with about 15% of deposits, and the largest insurance provider in Brazil, with roughly 20%-25% market share. The bank is majority controlled by the Bradesco foundation—a private nonprofit institution focused on education. Banking provides roughly 70% of profits, while the insurance segment contributes the remaining 30%. The bank is also a major asset manager with high-single-digit market share. In 2016, Bradesco acquired the Brazilian operations of HSBC.