AJ Bell (LSE:AJB) Retained Earnings : £159.4 Mil (As of Sep. 2023)

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What is AJ Bell Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AJ Bell's retained earnings for the quarter that ended in Sep. 2023 was £159.4 Mil.

AJ Bell's quarterly retained earnings increased from Sep. 2022 (£124.9 Mil) to Mar. 2023 (£138.8 Mil) and increased from Mar. 2023 (£138.8 Mil) to Sep. 2023 (£159.4 Mil).

AJ Bell's annual retained earnings increased from Sep. 2021 (£122.7 Mil) to Sep. 2022 (£124.9 Mil) and increased from Sep. 2022 (£124.9 Mil) to Sep. 2023 (£159.4 Mil).

AJ Bell Retained Earnings Historical Data

The historical data trend for AJ Bell'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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AJ Bell Retained Earnings Chart

AJ Bell Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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79.49

102.10

122.74

124.89

159.40

AJ Bell Semi-Annual Data
	Sep16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial									122.74	107.37	124.89	138.78	159.40

AJ Bell 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.

AJ Bell (LSE:AJB) 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.

AJ Bell (LSE:AJB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AJ Bell PLC (LSE:AJB) » Definitions » Retained Earnings

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AJBl:UK 3FY:Germany

Address

4 Exchange Quay, Salford Quays, Manchester, GBR, M5 3EE

Website

https://www.ajbell.co.uk

AJ Bell PLC is an investment platform in the United Kingdom. The company's core products are SIPPs, ISAs, and Dealing Accounts. SIPPs and ISAs, Lifetime ISA, and junior products. The company generates revenue from Recurring ad valorem which includes custody fees, interest income and investment management fees; and transactional.