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Lloyds Banking Group (Lloyds Banking Group) Retained Earnings : $0 Mil (As of Mar. 2024)


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What is Lloyds Banking Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lloyds Banking Group's retained earnings for the quarter that ended in Mar. 2024 was $0 Mil.

Lloyds Banking Group's quarterly retained earnings increased from Sep. 2023 ($7,610 Mil) to Dec. 2023 ($8,595 Mil) but then declined from Dec. 2023 ($8,595 Mil) to Mar. 2024 ($0 Mil).

Lloyds Banking Group's annual retained earnings declined from Dec. 2021 ($11,061 Mil) to Dec. 2022 ($7,978 Mil) but then increased from Dec. 2022 ($7,978 Mil) to Dec. 2023 ($8,595 Mil).


Lloyds Banking Group Retained Earnings Historical Data

The historical data trend for Lloyds Banking Group'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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Lloyds Banking Group Retained Earnings Chart

Lloyds Banking Group 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 4,254.26 6,161.29 11,061.17 7,978.08 8,594.94

Lloyds Banking Group Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 10,012.14 7,675.51 7,610.15 8,594.94 -

Lloyds Banking Group 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.


Lloyds Banking Group  (NYSE:LYG) 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.


Lloyds Banking Group (Lloyds Banking Group) Business Description

Address
25 Gresham Street, London, GBR, EC2V 7HN
Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large corporates and financial institutions in the U.K. Insurance and wealth rounds out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset-management services.

Lloyds Banking Group (Lloyds Banking Group) Headlines

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