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Century Bancorp (Century Bancorp) Retained Earnings : $408.7 Mil (As of Sep. 2021)


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What is Century Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Century Bancorp's retained earnings for the quarter that ended in Sep. 2021 was $408.7 Mil.

Century Bancorp's quarterly retained earnings increased from Mar. 2021 ($388.6 Mil) to Jun. 2021 ($398.6 Mil) and increased from Jun. 2021 ($398.6 Mil) to Sep. 2021 ($408.7 Mil).

Century Bancorp's annual retained earnings increased from Dec. 2018 ($301.5 Mil) to Dec. 2019 ($339.0 Mil) and increased from Dec. 2019 ($339.0 Mil) to Dec. 2020 ($378.7 Mil).


Century Bancorp Retained Earnings Historical Data

The historical data trend for Century Bancorp'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.

Century Bancorp Retained Earnings Chart

Century Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 243.57 263.67 301.49 338.98 378.70

Century Bancorp Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 367.84 378.70 388.64 398.63 408.70

Century Bancorp 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.


Century Bancorp  (NAS:CNBKA) 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.


Century Bancorp (Century Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
400 Mystic Avenue, Medford, MA, USA, 02155
Century Bancorp Inc is a commercial bank that provides a range of services to commercial enterprises, state and local governments and agencies, non-profit organizations and individuals. It makes commercial loans, real estate and construction loans and consumer loans, and accepts savings, time, and demand deposits. The bank also offers its corporate and institutional customers automated lockbox collection services, cash management services and account reconciliation services, and actively promotes the marketing of these services to the municipal market. Century Bancorp earns its revenue from interest income.
Executives
Barry R Sloane director, officer: Chairman, CEO and President 5 SPINNAKER DRIVE, PO BOX 247, BARRINGTON RI 02806
James J Filler 10 percent owner 2964 SHOOK HILL PARKWAY, BIRMINGHAM AL 35223
Paul A Evangelista officer: Executive Vice President CENTURY BANK & TRUST CO 400 MYSTIC AVE MEDFORD MA 02155
Linda Sloane Kay director, officer: Vice Chair 400 MYSTIC AVENUE MEDFORD MA 02155
Stephen R Delinsky director 400 MYSTIC AVENUE MEDFORD MA 02155
Brian J. Feeney officer: Executive Vice President 400 MYSTIC AVENUE MEDFORD MA 02155
William P Hornby officer: CFO and Treasurer 400 MYSTIC AVENUE MEDFORD MA 02155
Louis J Grossman director 400 MYSTIC AVENUR MEDFORD MA 02155
Joseph J Senna director
Sloane Family Enterprises, Limited Partnership 10 percent owner 400 MYSTIC AVE MEDFORD MA 02155
Jo Ann Simons director 400 MYSTIC AVENUE MEDFORD MA 02155
Jackie Jenkins-scott director 400 MYSTIC AVENUE MEDFORD MA 02155
George F Swansburg director
Joseph P Mercurio director BOSTON UNVIERSITY 25 BUICK STREET BOSTON MA 02215
Fraser Lemley director