GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Valletta PLC (MAL:BOV) » Definitions » Retained Earnings

Bank of Valletta (MAL:BOV) Retained Earnings : €575.0 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Bank of Valletta Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank of Valletta's retained earnings for the quarter that ended in Dec. 2023 was €575.0 Mil.

Bank of Valletta's quarterly retained earnings increased from Dec. 2022 (€422.1 Mil) to Jun. 2023 (€491.3 Mil) and increased from Jun. 2023 (€491.3 Mil) to Dec. 2023 (€575.0 Mil).

Bank of Valletta's annual retained earnings declined from Dec. 2021 (€434.7 Mil) to Dec. 2022 (€422.1 Mil) but then increased from Dec. 2022 (€422.1 Mil) to Dec. 2023 (€575.0 Mil).


Bank of Valletta Retained Earnings Historical Data

The historical data trend for Bank of Valletta'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.

Bank of Valletta Retained Earnings Chart

Bank of Valletta Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 374.28 388.52 434.72 422.10 574.98

Bank of Valletta Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 434.72 384.13 422.10 491.28 574.98

Bank of Valletta 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 Valletta  (MAL:BOV) 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 Valletta (MAL:BOV) Business Description

Traded in Other Exchanges
N/A
Address
58, Triq San Zakkarija, Il-Belt, Valletta, MLT, VLT1130
Bank of Valletta PLC is a public limited company. It provides investment services business. It also provides retail banking services as well as the sale of financial products such as units in collective investment schemes. The group has operating segments which consist of Retail Banking, Wealth Management, Business Banking, Treasury, Associates and Others. The group earns the majority of its revenue from Business Banking. Interest income is the main revenue generating activity.

Bank of Valletta (MAL:BOV) Headlines

No Headlines