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Canadian Western Bank (Canadian Western Bank) Retained Earnings : $1,915.3 Mil (As of Jan. 2024)


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What is Canadian Western Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Canadian Western Bank's retained earnings for the quarter that ended in Jan. 2024 was $1,915.3 Mil.

Canadian Western Bank's quarterly retained earnings declined from Jul. 2023 ($1,870.2 Mil) to Oct. 2023 ($1,834.7 Mil) but then increased from Oct. 2023 ($1,834.7 Mil) to Jan. 2024 ($1,915.3 Mil).

Canadian Western Bank's annual retained earnings declined from Oct. 2021 ($1,705.6 Mil) to Oct. 2022 ($1,692.7 Mil) but then increased from Oct. 2022 ($1,692.7 Mil) to Oct. 2023 ($1,834.7 Mil).


Canadian Western Bank Retained Earnings Historical Data

The historical data trend for Canadian Western 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.

Canadian Western Bank Retained Earnings Chart

Canadian Western Bank Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,353.61 1,443.29 1,705.64 1,692.71 1,834.68

Canadian Western Bank Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1,773.32 1,794.27 1,870.17 1,834.68 1,915.26

Canadian Western 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.


Canadian Western Bank  (OTCPK:CBWBF) 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.


Canadian Western Bank (Canadian Western Bank) Business Description

Address
10303 Jasper Avenue, Suite 3000, Edmonton, AB, CAN, T5J 3X6
Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products. Canadian Western Trust is engaged in retirement, trustee, and custodial solutions for financial advisors, corporations, and individuals. The company receives maximum revenue from interest income.

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