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PKO Bank Polski (PKO Bank Polski) Retained Earnings : $4,041 Mil (As of Dec. 2023)


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What is PKO Bank Polski Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PKO Bank Polski's retained earnings for the quarter that ended in Dec. 2023 was $4,041 Mil.

PKO Bank Polski's quarterly retained earnings increased from Jun. 2023 ($3,176 Mil) to Sep. 2023 ($3,865 Mil) and increased from Sep. 2023 ($3,865 Mil) to Dec. 2023 ($4,041 Mil).

PKO Bank Polski's annual retained earnings increased from Dec. 2021 ($2,761 Mil) to Dec. 2022 ($3,030 Mil) and increased from Dec. 2022 ($3,030 Mil) to Dec. 2023 ($4,041 Mil).


PKO Bank Polski Retained Earnings Historical Data

The historical data trend for PKO Bank Polski'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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PKO Bank Polski Retained Earnings Chart

PKO Bank Polski 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 1,519.06 888.10 2,760.67 3,030.20 4,040.93

PKO Bank Polski Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3,030.20 3,390.40 3,176.11 3,865.04 4,040.93

PKO Bank Polski 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.


PKO Bank Polski  (OTCPK:PSZKF) 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.


PKO Bank Polski (PKO Bank Polski) Business Description

Traded in Other Exchanges
Address
Pu?awska street 15, Warsaw, POL, 02-515
PKO Bank Polski SA is a universal banking group operating primarily in Poland, with subsidiaries in the Ukraine and Sweden. The bank's corporate strategy places a premium on organic growth and acquisitions. It has a strong presence in retail deposits, mortgage loans, consumer finance, corporate deposits, corporate loans, and asset management. Majority of its net revenue is net interest income, overwhelmingly derived from customer loans. Net fees and commissions, in contrast, are diversified across loans and insurance, mutual funds and brokerage, cards, and customer accounts. The bank has an appreciably large portion of its deposit base originating from retail clients in relation to competitors.