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Manning & Napier (Manning & Napier) Retained Earnings : $-4.0 Mil (As of Jun. 2022)


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What is Manning & Napier Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Manning & Napier's retained earnings for the quarter that ended in Jun. 2022 was $-4.0 Mil.

Manning & Napier's quarterly retained earnings increased from Dec. 2021 ($-5.6 Mil) to Mar. 2022 ($-5.3 Mil) and increased from Mar. 2022 ($-5.3 Mil) to Jun. 2022 ($-4.0 Mil).

Manning & Napier's annual retained earnings increased from Dec. 2019 ($-38.5 Mil) to Dec. 2020 ($-28.8 Mil) and increased from Dec. 2020 ($-28.8 Mil) to Dec. 2021 ($-5.6 Mil).


Manning & Napier Retained Earnings Historical Data

The historical data trend for Manning & Napier'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.

Manning & Napier Retained Earnings Chart

Manning & Napier Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.42 -38.87 -38.48 -28.83 -5.57

Manning & Napier Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -17.66 -12.08 -5.57 -5.34 -3.95

Manning & Napier 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.


Manning & Napier  (NYSE:MN) 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.


Manning & Napier (Manning & Napier) Business Description

Traded in Other Exchanges
N/A
Address
290 Woodcliff Drive, Fairport, NY, USA, 14450
Manning & Napier Inc is an independent investment management firm. It provides investment management services through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services. It also offers equity, fixed income, and alternative strategies, as well as a range of blended asset portfolios, such as life cycle funds. The company offers its investment management capabilities primarily through direct sales to high net worth individuals and institutions, as well as through third-party intermediaries, platforms, and institutional investment consultants. The majority of the revenue is generated from the Management fees received.
Executives
Christopher Pickett Briley officer: See Remarks 2050 STELCHEST DRIVE, WESTMINSTER MD 21157
Holder Lofton Phillip Jr director 48 WEST 89TH STREET, NEW YORK NY 10024
Scott Morabito officer: See Remarks C/O MANNING & NAPIER, INC., 290 WOODCLIFF DRIVE, FAIRPORT NY 14450
Stacey Green officer: See Remarks C/O MANNING & NAPIER, INC., 290 WOODCLIFF DRIVE, FAIRPORT NY 14450
Ebrahim Busheri officer: Director of Investments 180 BEACH DRIVE NE, UNIT 1102, ST. PETERSBURG FL 33701
Marc O Mayer officer: Chief Executive Officer C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
William Manning director, officer: Chief Executive Officer 290 WOODCLIFF DRIVE, FAIRPORT NY 14450
Aaron Thomas Mcgreevy officer: See Remarks 600 SINSBURY DRIVE EAST, WORTHINGTON OH 43085
Edward J Pettinella director C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Gregory Woodard officer: See Remarks C/O MANNING & NAPIER, 290 WOODCLIFF DRIVE, FAIRPORT NY 14450
Robert Irving Kopech director C/O MANNING & NAPIER, INC., 290 WOODCLIFF DRIVE, FAIRPORT NY 14450
Thomas Roy Anderson officer: See Remarks 1233 WATERFORD ROAD, WEST CHESTER PA 19380
Brunner Nicole Marie Kingsley officer: See Remarks 39 DEER CREEK ROAD, PITTSFORD NY 14534
Antony John Desorbo officer: See Remarks 8429 HOBNAIL ROAD, MANLIUS NY 13104
Sarah Christine Turner officer: See Remarks 637 CONTEMPRI WAY, WEBSTER NY 14580