CNO Financial Group (CNO Financial Group) Retained Earnings : $1,900 Mil (As of Dec. 2023)

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What is CNO Financial Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CNO Financial Group's retained earnings for the quarter that ended in Dec. 2023 was $1,900 Mil.

CNO Financial Group's quarterly retained earnings increased from Jun. 2023 ($1,730 Mil) to Sep. 2023 ($1,880 Mil) and increased from Sep. 2023 ($1,880 Mil) to Dec. 2023 ($1,900 Mil).

CNO Financial Group's annual retained earnings increased from Dec. 2021 ($1,127 Mil) to Dec. 2022 ($1,691 Mil) and increased from Dec. 2022 ($1,691 Mil) to Dec. 2023 ($1,900 Mil).

CNO Financial Group Retained Earnings Historical Data

The historical data trend for CNO Financial Group'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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CNO Financial Group Retained Earnings Chart

CNO Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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535.70

752.30

1,127.20

1,691.20

1,899.80

CNO Financial Group 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															1,691.20	1,674.00	1,730.30	1,880.40	1,899.80

CNO Financial Group 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.

CNO Financial Group (NYSE:CNO) 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.

CNO Financial Group (CNO Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » CNO Financial Group Inc (NYSE:CNO) » Definitions » Retained Earnings

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COS:Germany

Address

11825 N. Pennsylvania Street, Carmel, IN, USA, 46032

Website

https://www.cnoinc.com

CNO Financial Group Inc is a holding company for a group of insurance companies that offers middle-income American consumers insurance and securities products through exclusive agents, independent producers, and direct marketing. Consumers are served through the phone, online, mail, face-to-face with agents, or sales channels. The company's operating segments include annuity, health, and life insurance product lines as well as the investment and fee revenue segments. Maximum revenue is generated from the health product line segment. Annuity premiums account for the majority of the total premiums collected. Annuity products include fixed index annuities, traditional fixed-rate annuities, and single-premium immediate annuity products.

Executives

Jeanne L. Linnenbringer	officer: EVP and COO	11825 N. PENNSYLVANIA ST., CARMEL IN 46032
Tarasi Rocco F Iii	officer: Chief Marketing Officer	C/O ITT EDUCATIONAL SERVICES INC, 13000 NORTH MERIDIAN STREET, CARMEL IN 46032
John R Kline	officer: SVP & CAO	11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Yvonne K Franzese	officer: EVP and Chief HR Officer	200 LAKE STREET EAST, WAYZATA MN 55391
Karen Detoro	officer: Chief Actuary and CRO	C/O CNO FINANCIAL GROUP, INC., 11825 NORTH PENNSYLVANIA STREET, CARMEL IN 46032
Scott L. Goldberg	officer: President, Consumer Division	11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Gary C Bhojwani	director, officer: Chief Executive Officer	1 HORMEL PLACE, AUSTIN MN 55912
Steven E Shebik	director	2775 SANDERS ROAD, NORTHBROOK IL 60062
Brown Archie M Jr	director	255 E FIFTH STREET, CINCINNATI OH 45202
Adrianne Lee	director	799 WEST COLISEUM WAY, MIDVALE UT 84047
Matthew J. Zimpfer	officer: EVP and General Counsel	11825 N. PENNSYLVANIA STREET, CARMEL IN 46032
Michael E. Mead	officer: EVP and CIO	11825 N. PENNSYLVANIA ST., CARMEL IN 46032
Frederick James Sievert	director	260 SOUTH LAKE DRIVE, STAMFORD CT 06903
Chetlur S Ragavan	director	230 PARK AVENUE, NEW YORK NY 10169
Dan Maurer	director	C/O ZAGG INC., 3855 SOUTH 500 WEST, SUITE N, SALT LAKE CITY UT 84115