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EFG International AG (EFG International AG) Retained Earnings : $-191 Mil (As of Dec. 2023)


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What is EFG International AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EFG International AG's retained earnings for the quarter that ended in Dec. 2023 was $-191 Mil.

EFG International AG's quarterly retained earnings declined from Dec. 2022 ($-337 Mil) to Jun. 2023 ($-362 Mil) but then increased from Jun. 2023 ($-362 Mil) to Dec. 2023 ($-191 Mil).

EFG International AG's annual retained earnings increased from Dec. 2021 ($-442 Mil) to Dec. 2022 ($-337 Mil) and increased from Dec. 2022 ($-337 Mil) to Dec. 2023 ($-191 Mil).


EFG International AG Retained Earnings Historical Data

The historical data trend for EFG International AG'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.

EFG International AG Retained Earnings Chart

EFG International AG 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 -573.89 -575.42 -442.13 -337.38 -190.68

EFG International AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -442.13 -430.22 -337.38 -361.95 -190.68

EFG International AG 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.


EFG International AG  (OTCPK:EFGXY) 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.


EFG International AG (EFG International AG) Business Description

Traded in Other Exchanges
Address
Bleicherweg 8, PO Box 6012, Zurich, CHE, 8022
EFG International AG is a Swiss international private banking and asset management group with operations that span the globe, including Europe, Asia, and the Americas. most of its assets under management are in cash and deposits, equities, bonds, and loans. The company generates most of its income primarily from net banking fees and commission income and secondarily from net interest income. About three-fourths of its loan portfolio is due from customers, while the other-fourth comes from mortgages. The company's loan portfolio is mostly exposed to Latin America and the Caribbean, the United Kingdom, Asia and Oceania, and other parts of Europe.

EFG International AG (EFG International AG) Headlines

From GuruFocus

David Herro Comments on EFG International

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