WR Berkley (WR Berkley) Retained Earnings

: $11,041 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. WR Berkley's retained earnings for the quarter that ended in Dec. 2023 was $11,041 Mil.

WR Berkley's quarterly retained earnings increased from Jun. 2023 ($10,625 Mil) to Sep. 2023 ($10,801 Mil) and increased from Sep. 2023 ($10,801 Mil) to Dec. 2023 ($11,041 Mil).

WR Berkley's annual retained earnings increased from Dec. 2021 ($9,015 Mil) to Dec. 2022 ($10,161 Mil) and increased from Dec. 2022 ($10,161 Mil) to Dec. 2023 ($11,041 Mil).

WR Berkley Retained Earnings Historical Data

The historical data trend for WR Berkley'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.

WR Berkley Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

7,932.37

8,348.38

9,015.14

10,161.01

11,040.91

WR Berkley Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																10,161.01	10,296.54	10,624.52	10,800.70	11,040.91

WR Berkley 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.

WR Berkley (NYSE:WRB) 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.

WR Berkley (WR Berkley) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » WR Berkley Corp (NYSE:WRB) » Definitions » Retained Earnings

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Traded in Other Exchanges

WRBpE.PFD:USA WR1:Germany

Address

475 Steamboat Road, Greenwich, CT, USA, 06830

Website

http://www.wrberkley.com

W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.

Executives

Daniel Lynn Mosley	director	475 STEAMBOAT ROAD, GREENWICH CT 06830
Mark Ellwood Brockbank	director	ROC FLEURI APT C41, 1 RUE DU TENAO, MONTE CARLO O9 98000
Jonathan Talisman	director	475 STEAMBOAT ROAD, W R BERKLEY CORPORATION, GREENWICH CT 06830
Philip S Welt	officer: EVP & General Counsel	W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
James G Shiel	officer: Sr.Vice Pres. - Investments	C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Leigh Ann Pusey	director	LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Maria Luisa Ferre	director	PO BOX 9066590, SAN JUAN PR 00906-6590
Matthew M Ricciardi	officer: SVP AND GENERAL COUNSEL	W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Ira S Lederman	officer: SVP-General Counsel & Sec.	475 STEAMBOAT ROAD, GREENWICH CT 06830
Clement P Patafio	officer: V.P.-Corp. Controller	C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Christopher L Augostini	director	C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Eugene G Ballard	officer: Sr.V.P.- CFO & Treas.	C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Ronald E Blaylock	director
Lucille T Sgaglione	officer: Senior Vice President	C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Jeffrey Marc Hafter	officer: SVP	W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830