HSBC Holdings (HSBC Holdings) Retained Earnings

: $152,148 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HSBC Holdings's retained earnings for the quarter that ended in Dec. 2023 was $152,148 Mil.

HSBC Holdings's quarterly retained earnings declined from Jun. 2023 ($149,903 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($152,148 Mil).

HSBC Holdings's annual retained earnings increased from Dec. 2021 ($135,236 Mil) to Dec. 2022 ($142,409 Mil) and increased from Dec. 2022 ($142,409 Mil) to Dec. 2023 ($152,148 Mil).

HSBC Holdings Retained Earnings Historical Data

The historical data trend for HSBC Holdings'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.

HSBC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

136,679.00

140,572.00

135,236.00

142,409.00

152,148.00

HSBC Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																142,409.00	-	149,903.00	-	152,148.00

HSBC Holdings 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.

HSBC Holdings (NYSE:HSBC) 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.

HSBC Holdings (HSBC Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HSBC Holdings PLC (NYSE:HSBC) » Definitions » Retained Earnings

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Traded in Other Exchanges

HBCYF:USA 00005:Hong Kong HSBAl:UK HSBA:UK HBC1:Germany HBC1:Germany HBC1:Germany HBC2:Germany HBC1:Germany H1SB34:Brazil HSBC:Argentina

Address

8 Canada Square, London, GBR, E14 5HQ

Website

https://www.hsbc.com

Established in 1865 in Hong Kong, London-based HSBC is one of the largest banks in the world, with assets of USD 3 trillion and 40 million customers worldwide. It operates across 64 countries with around 220,000 full-time staff. Key regions include Asia, Europe, the Middle East and North Africa, and North America. The United Kingdom and Hong Kong are the two largest markets for the bank. The bank offers retail, commercial and institutional banking, global banking and markets, wealth management, and private banking.