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Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Retained Earnings : $2,237 Mil (As of Dec. 2023)


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What is Banca Monte dei Paschi di Siena Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Banca Monte dei Paschi di Siena's retained earnings for the quarter that ended in Dec. 2023 was $2,237 Mil.

Banca Monte dei Paschi di Siena's quarterly retained earnings increased from Jun. 2023 ($671 Mil) to Sep. 2023 ($991 Mil) and increased from Sep. 2023 ($991 Mil) to Dec. 2023 ($2,237 Mil).

Banca Monte dei Paschi di Siena's annual retained earnings declined from Dec. 2021 ($350 Mil) to Dec. 2022 ($-189 Mil) but then increased from Dec. 2022 ($-189 Mil) to Dec. 2023 ($2,237 Mil).


Banca Monte dei Paschi di Siena Retained Earnings Historical Data

The historical data trend for Banca Monte dei Paschi di Siena'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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Banca Monte dei Paschi di Siena Retained Earnings Chart

Banca Monte dei Paschi di Siena Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,147.79 -2,051.71 349.73 -188.94 2,237.49

Banca Monte dei Paschi di Siena 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 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 -188.94 252.36 670.64 991.04 2,237.49

Banca Monte dei Paschi di Siena 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.


Banca Monte dei Paschi di Siena  (OTCPK:BMDPF) 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.


Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Business Description

Traded in Other Exchanges
Address
Piazza Salimbeni, 3, Siena, ITA, 53100
Banca Monte dei Paschi di Siena S.p.A. is a banking group operating primarily in Italy, and mainly providing traditional retail and commercial banking services. The group is also active in other business areas such as leasing, factoring, corporate finance, and investment banking through its various subsidiaries. The bank's strategy emphasizes efficiency as well as strengthening of its balance sheet, including its credit quality, liquidity, and capital base. A majority of the group's net revenue is net interest income, followed by net fees and commission income. Loans to customers overwhelmingly constitute a majority of the bank's earning assets, approximately half of which are mortgages.

Banca Monte dei Paschi di Siena (Banca Monte dei Paschi di Siena) Headlines

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