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Oconee Financial (Oconee Financial) Retained Earnings : $44.15 Mil (As of Mar. 2024)


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What is Oconee Financial Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Oconee Financial's retained earnings for the quarter that ended in Mar. 2024 was $44.15 Mil.

Oconee Financial's quarterly retained earnings increased from Sep. 2023 ($43.01 Mil) to Dec. 2023 ($43.85 Mil) and increased from Dec. 2023 ($43.85 Mil) to Mar. 2024 ($44.15 Mil).

Oconee Financial's annual retained earnings increased from Dec. 2021 ($33.27 Mil) to Dec. 2022 ($36.77 Mil) and increased from Dec. 2022 ($36.77 Mil) to Dec. 2023 ($43.85 Mil).


Oconee Financial Retained Earnings Historical Data

The historical data trend for Oconee Financial'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.

Oconee Financial Retained Earnings Chart

Oconee Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 29.50 30.85 33.27 36.77 43.85

Oconee Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 37.13 38.15 43.01 43.85 44.15

Oconee Financial 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.


Oconee Financial  (OTCPK:OSBK) 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.


Oconee Financial (Oconee Financial) Business Description

Traded in Other Exchanges
N/A
Address
41 N. Main Street, Watkinsville, GA, USA, 30677
Oconee Financial Corp is a United States-based commercial bank. The bank offers personal and business products and services including checking, savings, CDs, loans, mortgages, credit cards, safe deposit boxes, mobile deposits, business loans, and treasury services.
Executives
G Robert Bishop director 1741 EXPERIMENT STATION ROAD, WATKINSVILLE GA 30677
B Amrey Harden director, officer: President and CEO 35 NORTH MAIN STREET, P.O. BOX 205, WATKINSVILLE GA 30677
Hale J Albert Sr director P.O.BOX 205, WATKINSVILLE GA 30677
Steven Anthony Rogers officer: Chief Financial Officer 35 NORTH MAIN STREET, PO BOX 205, WATKINSVILLE GA 30677
Virginia S Wells director, 10 percent owner OCONEE FINANCIAL CORP, 35 N MAIN ST, WATKINSVILLE GA 30677
Ann B. Powers director 1051 ROSE CREEK DRIVE, WATKINSVILLE GA 30087
Douglas D Dickens director 1071 RAYS CHURCH RD, BISHOP GA 30621
Henry C Maxey director 1181 MAXEY ROAD, BISHOP GA 30621
Jimmy L Christopher director P.O. BOX 405, WATKINSVILLE GA 30677
Tom F Wilson officer: Executive Vice President OCONEE FINANCIAL CORP, 35 N MAIN ST, WATKINSVILLE GA 30677

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