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Bendigo and Adelaide Bank (Bendigo and Adelaide Bank) Retained Earnings : $1,116.87 Mil (As of Dec. 2023)


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What is Bendigo and Adelaide Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bendigo and Adelaide Bank's retained earnings for the quarter that ended in Dec. 2023 was $1,116.87 Mil.

Bendigo and Adelaide Bank's quarterly retained earnings increased from Dec. 2022 ($999.60 Mil) to Jun. 2023 ($1,051.88 Mil) and increased from Jun. 2023 ($1,051.88 Mil) to Dec. 2023 ($1,116.87 Mil).

Bendigo and Adelaide Bank's annual retained earnings increased from Jun. 2021 ($891.44 Mil) to Jun. 2022 ($974.35 Mil) and increased from Jun. 2022 ($974.35 Mil) to Jun. 2023 ($1,051.88 Mil).


Bendigo and Adelaide Bank Retained Earnings Historical Data

The historical data trend for Bendigo and Adelaide Bank'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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Bendigo and Adelaide Bank Retained Earnings Chart

Bendigo and Adelaide Bank Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 685.63 556.18 891.44 974.35 1,051.88

Bendigo and Adelaide Bank Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 973.53 974.35 999.60 1,051.88 1,116.87

Bendigo and Adelaide Bank 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.


Bendigo and Adelaide Bank  (OTCPK:BXRBY) 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.


Bendigo and Adelaide Bank (Bendigo and Adelaide Bank) Business Description

Address
22-44 Bath Lane, The Bendigo Centre, Bendigo, VIC, AUS, 3550
Founded in 1858 as the Bendigo Building Society as a leading regional bank operating in the consumer, small-business, and rural banking sectors, Bendigo gained public goodwill after rolling out branches in locations deserted by major banks in the late 1990s and early 2000s. The Adelaide Bank merger in 2007 diversified the bank into wholesale banking, while expanding the geographical footprint. It is a conservatively managed retail bank with a long history, a well-regarded retail franchise, and high levels of customer and shareholder loyalty.