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Commercial Bank of Dubai PSC (DFM:CBD) Retained Earnings : د.إ7,633 Mil (As of Mar. 2024)


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What is Commercial Bank of Dubai PSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Commercial Bank of Dubai PSC's retained earnings for the quarter that ended in Mar. 2024 was د.إ7,633 Mil.

Commercial Bank of Dubai PSC's quarterly retained earnings increased from Sep. 2023 (د.إ7,728 Mil) to Dec. 2023 (د.إ8,285 Mil) but then declined from Dec. 2023 (د.إ8,285 Mil) to Mar. 2024 (د.إ7,633 Mil).

Commercial Bank of Dubai PSC's annual retained earnings increased from Dec. 2021 (د.إ5,854 Mil) to Dec. 2022 (د.إ6,801 Mil) and increased from Dec. 2022 (د.إ6,801 Mil) to Dec. 2023 (د.إ8,285 Mil).


Commercial Bank of Dubai PSC Retained Earnings Historical Data

The historical data trend for Commercial Bank of Dubai PSC'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.

Commercial Bank of Dubai PSC Retained Earnings Chart

Commercial Bank of Dubai PSC 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 4,597.35 5,113.62 5,853.74 6,801.43 8,285.43

Commercial Bank of Dubai PSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 6,441.09 7,017.68 7,728.20 8,285.43 7,633.41

Commercial Bank of Dubai PSC 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.


Commercial Bank of Dubai PSC  (DFM:CBD) 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.


Commercial Bank of Dubai PSC (DFM:CBD) Business Description

Traded in Other Exchanges
N/A
Address
Al Ittihad Street, P.O. Box 2668, Dubai, ARE
Commercial Bank of Dubai PSC is a banking firm operating in the United Arab Emirates. The company's operating segments include Institutional banking, Corporate banking, Personal banking, and Trading and Other. It generates maximum revenue from the Corporate banking segment. The company services include a current account, savings account, and deposits. Its borrowing services comprise personal loans, home loans, car loans, and credit card facilities of various types. Under its protection portfolio, the bank provides general insurance, life insurance and safe deposit services and its investment services include asset management, financial economy and international investment plans.

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