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Coastal Carolina Bancshares (Coastal Carolina Bancshares) Retained Earnings : $27.17 Mil (As of Mar. 2024)


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What is Coastal Carolina Bancshares Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Coastal Carolina Bancshares's retained earnings for the quarter that ended in Mar. 2024 was $27.17 Mil.

Coastal Carolina Bancshares's quarterly retained earnings increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($25.52 Mil) and increased from Dec. 2023 ($25.52 Mil) to Mar. 2024 ($27.17 Mil).

Coastal Carolina Bancshares's annual retained earnings increased from Dec. 2021 ($11.07 Mil) to Dec. 2022 ($18.28 Mil) and increased from Dec. 2022 ($18.28 Mil) to Dec. 2023 ($25.52 Mil).


Coastal Carolina Bancshares Retained Earnings Historical Data

The historical data trend for Coastal Carolina Bancshares'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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Coastal Carolina Bancshares Retained Earnings Chart

Coastal Carolina Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 1.09 4.83 11.07 18.28 25.52

Coastal Carolina Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 18.28 21.49 - 25.52 27.17

Coastal Carolina Bancshares 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.


Coastal Carolina Bancshares  (OTCPK:CCNB) 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.


Coastal Carolina Bancshares (Coastal Carolina Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
1012 38th Avenue North, Suite 100, Myrtle Beach, SC, USA, 29577
Coastal Carolina Bancshares Inc is a banking service provider in domestic markets, principally in Horry County, Richland County, Aiken County, and Greenville County, South Carolina. The services offered by the firm are business banking, personal banking, and mortgages. The firm offerings consist of personal and business checking accounts, personal and commercial loans, online and mobile banking services, mobile deposits, and E-statements.

Coastal Carolina Bancshares (Coastal Carolina Bancshares) Headlines

From GuruFocus

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