GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Siam City Bank PLC (BKK:SCIB) » Definitions » Retained Earnings

Siam City Bank (BKK:SCIB) Retained Earnings : ฿21,430 Mil (As of Dec. 2010)


View and export this data going back to . Start your Free Trial

What is Siam City Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Siam City Bank's retained earnings for the quarter that ended in Dec. 2010 was ฿21,430 Mil.

Siam City Bank's quarterly retained earnings increased from Jun. 2010 (฿19,220 Mil) to Sep. 2010 (฿20,370 Mil) and increased from Sep. 2010 (฿20,370 Mil) to Dec. 2010 (฿21,430 Mil).

Siam City Bank's annual retained earnings increased from Dec. 2008 (฿14,193 Mil) to Dec. 2009 (฿16,904 Mil) and increased from Dec. 2009 (฿16,904 Mil) to Dec. 2010 (฿21,430 Mil).


Siam City Bank Retained Earnings Historical Data

The historical data trend for Siam City 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.

* Premium members only.

Siam City Bank Retained Earnings Chart

Siam City Bank Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,649.59 10,036.57 14,192.96 16,903.77 21,430.45

Siam City Bank Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10
Retained Earnings 16,903.77 17,982.97 19,219.98 20,370.45 21,430.45

Siam City 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.


Siam City Bank  (BKK:SCIB) 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.


Siam City Bank (BKK:SCIB) Business Description

Traded in Other Exchanges
N/A
Address
Siam City Bank Public Company Limited is engaged in providing various banking and financial products and services in Thailand, which offers investment loans, commercial loans, overdrafts, trade finance, cash management, collection and payment, etc.

Siam City Bank (BKK:SCIB) Headlines

No Headlines