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Dubai Islamic Bank PJSC (DFM:DIB) Retained Earnings : د.إ15,238 Mil (As of Mar. 2024)


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What is Dubai Islamic Bank PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dubai Islamic Bank PJSC's retained earnings for the quarter that ended in Mar. 2024 was د.إ15,238 Mil.

Dubai Islamic Bank PJSC's quarterly retained earnings increased from Sep. 2023 (د.إ15,856 Mil) to Dec. 2023 (د.إ17,341 Mil) but then declined from Dec. 2023 (د.إ17,341 Mil) to Mar. 2024 (د.إ15,238 Mil).

Dubai Islamic Bank PJSC's annual retained earnings increased from Dec. 2021 (د.إ11,563 Mil) to Dec. 2022 (د.إ13,773 Mil) and increased from Dec. 2022 (د.إ13,773 Mil) to Dec. 2023 (د.إ17,341 Mil).


Dubai Islamic Bank PJSC Retained Earnings Historical Data

The historical data trend for Dubai Islamic Bank PJSC'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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Dubai Islamic Bank PJSC Retained Earnings Chart

Dubai Islamic Bank PJSC 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 10,131.96 9,859.64 11,563.30 13,772.64 17,341.07

Dubai Islamic Bank PJSC 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 12,981.84 14,363.84 15,855.57 17,341.07 15,237.65

Dubai Islamic Bank PJSC 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.


Dubai Islamic Bank PJSC  (DFM:DIB) 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.


Dubai Islamic Bank PJSC (DFM:DIB) Business Description

Traded in Other Exchanges
N/A
Address
Building 2, Al Maktoum Road, P.O. Box 1080, Opposite DNATA, Deira, Dubai, ARE
Dubai Islamic Bank PJSC is a full-service Islamic bank is engaged in corporate, retail, and investment banking activities. Contracts in the form of Murabahas and leases in the form of Ijarahs constitute a majority of the bank's financing and investment assets. Most of its financing and investment arrangements are made within the United Arab Emirates, a large portion of which are in consumer financing, real estate and contracting, consumer home finance, and services and manufacturing.

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