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Philippine Business Bank (PHS:PBB) Retained Earnings : ₱8,826 Mil (As of Mar. 2024)


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What is Philippine Business Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Philippine Business Bank's retained earnings for the quarter that ended in Mar. 2024 was ₱8,826 Mil.

Philippine Business Bank's quarterly retained earnings increased from Sep. 2023 (₱7,663 Mil) to Dec. 2023 (₱8,310 Mil) and increased from Dec. 2023 (₱8,310 Mil) to Mar. 2024 (₱8,826 Mil).

Philippine Business Bank's annual retained earnings increased from Dec. 2021 (₱5,620 Mil) to Dec. 2022 (₱6,812 Mil) and increased from Dec. 2022 (₱6,812 Mil) to Dec. 2023 (₱8,310 Mil).


Philippine Business Bank Retained Earnings Historical Data

The historical data trend for Philippine Business Bank'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.

Philippine Business Bank Retained Earnings Chart

Philippine Business Bank 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 3,512.53 4,451.41 5,619.58 6,812.23 8,310.08

Philippine Business Bank 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 7,326.41 7,669.28 7,662.55 8,310.08 8,826.31

Philippine Business Bank 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.


Philippine Business Bank  (PHS:PBB) 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.


Philippine Business Bank (PHS:PBB) Business Description

Traded in Other Exchanges
N/A
Address
350 Rizal Avenue Extension Corner, 8th Avenue, Grace Park, Caloocan City, PHL, 1400
Philippine Business Bank engages in the business of thrift banking. It provides banking and financial services. The company's operating segments are Consumer Banking which includes auto financing, home financing, and salary or personal loans; Corporate Banking which includes term loans, working capital credit lines, bills purchase, and discounting lines; Treasury Operations engages in managing the liquidity of the Bank and its trading and investment activities; and Retail Banking includes the branch banking operations.. The majority of its revenue comes from the Corporate Banking segment.

Philippine Business Bank (PHS:PBB) Headlines

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