NMBZ Holding (LSE:NMB) Retained Earnings : $1,294.59 Mil (As of Dec. 2023)

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What is NMBZ Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NMBZ Holding's retained earnings for the quarter that ended in Dec. 2023 was $1,294.59 Mil.

NMBZ Holding's quarterly retained earnings increased from Dec. 2022 ($461.45 Mil) to Jun. 2023 ($956.20 Mil) and increased from Jun. 2023 ($956.20 Mil) to Dec. 2023 ($1,294.59 Mil).

NMBZ Holding's annual retained earnings increased from Dec. 2021 ($60.00 Mil) to Dec. 2022 ($461.45 Mil) and increased from Dec. 2022 ($461.45 Mil) to Dec. 2023 ($1,294.59 Mil).

NMBZ Holding Retained Earnings Historical Data

The historical data trend for NMBZ Holding'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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NMBZ Holding Retained Earnings Chart

NMBZ Holding Annual Data

Trend

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4.61

11.64

60.00

461.45

1,294.59

NMBZ Holding Semi-Annual Data
	Dec09	Jun11	Dec11	Jun12	Dec12	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial											60.00	43.52	461.45	956.20	1,294.59

NMBZ Holding 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.

NMBZ Holding (LSE:NMB) 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.

NMBZ Holding (LSE:NMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NMBZ Holding Ltd (LSE:NMB) » Definitions » Retained Earnings

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NMB.ZW:Zimbabwe

Address

19207 Liberation Legacy Way, PO Box 2564, Borrowdale, Harare, ZWE

Website

https://www.nmbz.co.zw

NMBZ Holding Ltd is an investment holding company. Through its subsidiary, it operates in five segments: Retail Banking, Corporate Banking, Digital Banking, Treasury, International Banking, and others. Its Retail Banking segment includes individual customer's deposits and consumer overdrafts, credit card facilities, and funds transfer facilities. The Digital Banking segment handles the Bank's Digital Banking products, including Card and POS Services. Its Corporate Banking segment includes loans and other credit facilities and deposit and current accounts for corporate and institutional customers. The Treasury segment includes money market investment, securities trading, accepting and discounting of instruments, and foreign currency trading.

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