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Bangkok Bank PCL (Bangkok Bank PCL) Retained Earnings : $7,283 Mil (As of Dec. 2023)


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What is Bangkok Bank PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bangkok Bank PCL's retained earnings for the quarter that ended in Dec. 2023 was $7,283 Mil.

Bangkok Bank PCL's quarterly retained earnings declined from Jun. 2023 ($6,958 Mil) to Sep. 2023 ($6,833 Mil) but then increased from Sep. 2023 ($6,833 Mil) to Dec. 2023 ($7,283 Mil).

Bangkok Bank PCL's annual retained earnings increased from Dec. 2021 ($6,211 Mil) to Dec. 2022 ($6,534 Mil) and increased from Dec. 2022 ($6,534 Mil) to Dec. 2023 ($7,283 Mil).


Bangkok Bank PCL Retained Earnings Historical Data

The historical data trend for Bangkok Bank PCL'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.

* Premium members only.

Bangkok Bank PCL Retained Earnings Chart

Bangkok Bank PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,204.36 6,310.47 6,210.99 6,533.80 7,283.09

Bangkok Bank PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings 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 6,533.80 6,898.06 6,957.64 6,833.04 7,283.09

Bangkok Bank PCL 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.


Bangkok Bank PCL  (OTCPK:BKKLY) 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.


Bangkok Bank PCL (Bangkok Bank PCL) Business Description

Address
333 Silom Road, Bangrak, Bangkok, THA, 10500
Bangkok Bank PCL is a Thai commercial bank with some international exposure to other Asian countries, the United Kingdom, and the United States. The bank's business units include corporate, commercial, business, consumer, international, and investment banking. Corporate banking services include loans, project finance, treasury, investment banking, trade finance, cash management, and securities. Nearly half of its loan portfolio is exposed to manufacturing and commercial businesses, followed by the utilities sector. The bank's strategy calls for increasingly leveraging its connection to other Asian countries, lending to high-growth sectors, and creating an omnichannel customer experience.

Bangkok Bank PCL (Bangkok Bank PCL) Headlines

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