What is Fox Chase Bancorp Retained Earnings?
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fox Chase Bancorp's retained earnings for the quarter that ended in Mar. 2016 was $85.54 Mil.
Fox Chase Bancorp's quarterly retained earnings
increased
from Sep. 2015 ($86.01 Mil) to Dec. 2015 ($86.24 Mil) but then
declined
from Dec. 2015 ($86.24 Mil) to Mar. 2016 ($85.54 Mil).
Fox Chase Bancorp's annual retained earnings
increased
from Dec. 2013 ($82.89 Mil) to Dec. 2014 ($84.23 Mil) and
increased
from Dec. 2014 ($84.23 Mil) to Dec. 2015 ($86.24 Mil).
Fox Chase Bancorp 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.
Fox Chase Bancorp (NAS:FXCB) 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.
Fox Chase Bancorp (Fox Chase Bancorp) Business Description
Traded in Other Exchanges
N/A
Address
Fox Chase Bancorp Inc is a Maryland corporation that was incorporated in March 2010. The Bank operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market areas. The Bank attracts deposits from the general public and uses those funds to originate one- to four-family real estate, multi-family and commercial real estate, construction, commercial and consumer loans, which the Bank generally holds for investment. The largest segment of its loan portfolio is multi-family and commercial real estate loans. It offers fixed-rate and adjustable-rate mortgage loans secured by multi-family and commercial real estate to individuals and small businesses in its main market areas. Its multi-family and commercial real estate loans are generally secured by condominiums, apartment buildings and mixed-use properties with residential units, as well as office and retail space. It originates multi-family and commercial real estate loans with terms of up to 25 years. The second largest segment of its loan portfolio is residential mortgage loans, which enable borrowers to purchase or refinance existing homes, which are owner occupied. It offer fixed-rate and adjustable-rate loans with terms up to 30 years. It also offers commercial and industrial loans to professionals, sole proprietorships and small and mid-size businesses in its market area. It offers variety of consumer loans, including home equity loans and lines of credit, loans to individuals to purchase insurance policies, loans secured by certificate of deposits (share loans) and unsecured overdraft lines of credit. It competes with various financial institutions and credit unions operating in its market areas and, to a lesser extent, from other financial service companies such as brokerage firms and insurance companies. Its competition for loans comes mainly from financial institutions in its market areas, and, to a lesser extent, from other financial service providers such as mortgage companies, mortgage brokers and credit unions. As a savings and loan holding company, it is subject to Federal Reserve Board regulations, examinations, supervision, reporting requirements and regulations concerning its activities.
Executives
| Thomas M Petro |
director, officer: President and CEO |
14 NORTH MAIN STREET, PO BOX197, SOUDERTON PA 18964 |
| Randall J Mcgarry |
officer: Sr. VP Chief Info. Officer |
4390 DAVISVILLE ROAD, HATBORO PA 19040 |
| Roger S Deacon |
officer: EVP and CFO |
14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964 |
| Nichols Anthony A Sr |
director |
|
| Donald R Caldwell |
director |
5 RADNOR CORP CENTER STE 555, RADNOR PA 19087 |
| Roger H Ballou |
director |
C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103 |
| Todd S Benning |
director |
14 NORTH MAIN STREET, PO BOX 197, SOUDERTON PA 18964 |
| Richard M Eisenstaedt |
director |
|
| Gerald A Ronon |
director |
4390 DAVISVILLE ROAD, HATBORO PA 19040 |
| Peter A Sears |
director |
1659 EAST BOOT ROAD, WEST CHESTER PA 19380 |
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