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Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Retained Earnings : $25.87 Mil (As of Jun. 2015)


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What is Bank of Botetourt Buchanan VA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank of Botetourt Buchanan VA's retained earnings for the quarter that ended in Jun. 2015 was $25.87 Mil.

Bank of Botetourt Buchanan VA's quarterly retained earnings increased from Jun. 2014 ($0.00 Mil) to Dec. 2014 ($24.74 Mil) and increased from Dec. 2014 ($24.74 Mil) to Jun. 2015 ($25.87 Mil).

Bank of Botetourt Buchanan VA's annual retained earnings increased from Dec. 2011 ($20.72 Mil) to Dec. 2013 ($22.64 Mil) and increased from Dec. 2013 ($22.64 Mil) to Dec. 2014 ($24.74 Mil).


Bank of Botetourt Buchanan VA Retained Earnings Historical Data

The historical data trend for Bank of Botetourt Buchanan VA'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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Bank of Botetourt Buchanan VA Retained Earnings Chart

Bank of Botetourt Buchanan VA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec13 Dec14
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.21 23.69 20.72 22.64 24.74

Bank of Botetourt Buchanan VA Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Dec13 Jun14 Dec14 Jun15
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 20.72 22.64 - 24.74 25.87

Bank of Botetourt Buchanan VA 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.


Bank of Botetourt Buchanan VA  (OTCPK:BORT) 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.


Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Business Description

Traded in Other Exchanges
N/A
Address
19747 Main Street, P.O. Box 339, Buchanan, VA, USA, 24066
Bank of Botetourt Buchanan VA is a banking institution. The bank offers a range of personal banking and business banking services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, cash management, online banking, bill pay, eStatements, mobile banking, insurance services, merchant services, visa card options, visa check card, convenience services, identity theft protection, and financial services. It offers a range of lending solutions, including personal lending, business lending, and mortgage lending.
Executives
Williamson John B Iii director PO BOX 13007, ROANOKE VA 24030

Bank of Botetourt Buchanan VA (Bank of Botetourt Buchanan VA) Headlines