Oak View National Bank Warrenton VA (Oak View National Bank Warrenton VA) Retained Earnings : $3.86 Mil (As of Dec. 2019)

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What is Oak View National Bank Warrenton VA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Oak View National Bank Warrenton VA's retained earnings for the quarter that ended in Dec. 2019 was $3.86 Mil.

Oak View National Bank Warrenton VA's quarterly retained earnings increased from . 20 ($0.00 Mil) to Dec. 2018 ($1.82 Mil) and increased from Dec. 2018 ($1.82 Mil) to Dec. 2019 ($3.86 Mil).

Oak View National Bank Warrenton VA's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2018 ($1.82 Mil) and increased from Dec. 2018 ($1.82 Mil) to Dec. 2019 ($3.86 Mil).

Oak View National Bank Warrenton VA Retained Earnings Historical Data

The historical data trend for Oak View National Bank Warrenton VA'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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Oak View National Bank Warrenton VA Retained Earnings Chart

Oak View National Bank Warrenton VA Annual Data

Trend

Dec18

Dec19

Retained Earnings

1.82

3.86

Oak View National Bank Warrenton VA Semi-Annual Data
	Dec18	Dec19
Retained Earnings	1.82	3.86

Oak View National Bank Warrenton VA 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.

Oak View National Bank Warrenton VA (OTCPK:OAKV) 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.

Oak View National Bank Warrenton VA (Oak View National Bank Warrenton VA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oak View National Bank Warrenton VA (OTCPK:OAKV) » Definitions » Retained Earnings

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Address

128 Broadview Avenue, Warrenton, VA, USA, 20186

Website

https://www.oakviewbank.com

Oak View National Bank Warrenton VA operates as a national banking association to engage in a general banking business serving the communities in and around Marshall and Warrenton, Virginia. The company offers community banking services to small businesses, professionals and non-profit organizations. It also offers expansive digital channels and mortgage products for residential, commercial and farm purposes.