IFIC Bank (DHA:IFIC) Retained Earnings : BDT7,785 Mil (As of Jun. 2023)

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What is IFIC Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. IFIC Bank's retained earnings for the quarter that ended in Jun. 2023 was BDT7,785 Mil.

IFIC Bank's quarterly retained earnings increased from Dec. 2022 (BDT6,709 Mil) to Mar. 2023 (BDT7,331 Mil) and increased from Mar. 2023 (BDT7,331 Mil) to Jun. 2023 (BDT7,785 Mil).

IFIC Bank's annual retained earnings increased from Dec. 2021 (BDT5,061 Mil) to Dec. 2022 (BDT6,709 Mil) and increased from Dec. 2022 (BDT6,709 Mil) to Dec. 2023 (BDT8,050 Mil).

IFIC Bank Retained Earnings Historical Data

The historical data trend for IFIC 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.

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IFIC Bank Retained Earnings Chart

IFIC Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4,920.57

4,248.08

5,060.97

6,708.86

8,049.83

IFIC Bank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															5,897.69	6,708.86	7,331.07	7,785.20	8,049.83

IFIC 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.

IFIC Bank (DHA:IFIC) 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.

IFIC Bank (DHA:IFIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IFIC Bank PLC (DHA:IFIC) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

IFIC Tower, 61 Purana Paltan, GPO Box : 2229, Dhaka, BGD, 1000

Website

https://www.ificbank.com.bd

IFIC Bank PLC is a commercial banking company in Bangladesh. The company provides corporate banking, retail banking internet banking, and SME banking. The company is also engaged in Treasury and capital market offering Cash Management, Liquidity Planning, Liquidity Protection, Trading of Foreign Exchange and Money Market Instruments, and Risk Management. Its segments are Corporate; SME; Short term Agri credit; Consumer and Others. It derives interest income from the Conventional banking unit and Off-Shore banking unit.

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