GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sunshine Financial Inc (OTCPK:SSNF) » Definitions » Retained Earnings

Sunshine Financial (Sunshine Financial) Retained Earnings : $15.17 Mil (As of Sep. 2017)


View and export this data going back to 2011. Start your Free Trial

What is Sunshine Financial Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sunshine Financial's retained earnings for the quarter that ended in Sep. 2017 was $15.17 Mil.

Sunshine Financial's quarterly retained earnings increased from Mar. 2017 ($14.87 Mil) to Jun. 2017 ($14.96 Mil) and increased from Jun. 2017 ($14.96 Mil) to Sep. 2017 ($15.17 Mil).

Sunshine Financial's annual retained earnings declined from Dec. 2014 ($14.71 Mil) to Dec. 2015 ($14.63 Mil) but then increased from Dec. 2015 ($14.63 Mil) to Dec. 2016 ($14.74 Mil).


Sunshine Financial Retained Earnings Historical Data

The historical data trend for Sunshine 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.

Sunshine Financial Retained Earnings Chart

Sunshine Financial Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial 14.29 14.67 14.71 14.63 14.74

Sunshine Financial Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 14.58 14.74 14.87 14.96 15.17

Sunshine 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.


Sunshine Financial  (OTCPK:SSNF) 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.


Sunshine Financial (Sunshine Financial) Business Description

Traded in Other Exchanges
N/A
Address
Sunshine Financial Inc is a holding company. The company only has the single business operation of the bank. The bank through its five banking offices provides a variety of retail community banking services to individuals and businesses primarily in Leon County, Florida. The bank's deposits are insured up to the applicable limits by the Federal Deposit Insurance Corporation. Its principal business consists of attracting retail deposits from the public and investing those funds in loans secured by first and second mortgages on one- to four-family residences (including residential construction loans), lot loans, commercial real estate loans and consumer loans.
Executives
Porcelli Corissa B. director 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143

Sunshine Financial (Sunshine Financial) Headlines

No Headlines