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SB One Bancorp (SB One Bancorp) Retained Earnings : $59.04 Mil (As of Mar. 2020)


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What is SB One Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SB One Bancorp's retained earnings for the quarter that ended in Mar. 2020 was $59.04 Mil.

SB One Bancorp's quarterly retained earnings increased from Sep. 2019 ($50.18 Mil) to Dec. 2019 ($54.71 Mil) and increased from Dec. 2019 ($54.71 Mil) to Mar. 2020 ($59.04 Mil).

SB One Bancorp's annual retained earnings increased from Dec. 2017 ($27.53 Mil) to Dec. 2018 ($35.19 Mil) and increased from Dec. 2018 ($35.19 Mil) to Dec. 2019 ($54.71 Mil).


SB One Bancorp Retained Earnings Historical Data

The historical data trend for SB One Bancorp'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.

SB One Bancorp Retained Earnings Chart

SB One Bancorp Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.52 23.29 27.53 35.19 54.71

SB One Bancorp Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 40.30 45.83 50.18 54.71 59.04

SB One Bancorp 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.


SB One Bancorp  (NAS:SBBX) 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.


SB One Bancorp (SB One Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
95 State Route 17, Paramus, NJ, USA, 07652
SB One Bancorp is a bank holding company. The bank acts as an independent community financial services provider and offers traditional banking and related financial services to individual, business, and government customers. It offers a full array of commercial and retail financial services, including the taking of time, savings and demand deposits; the making of commercial, consumer and mortgage loans; and the providing of other financial services. The bank operates its business through two segments, Banking and Financial Services and Insurance Services.
Executives
Anthony J Labozzetta officer: President and CEO SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Edward J Leppert director C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Robert Mcnerney director C/O SUSSEX BANK, 399 ROUTE 23, FRANKLIN NJ 07416
Vito Giannola officer: SEVP & CBO C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416
Charles A Musilli director C/O SUSSEX BANCORP, 399 ROUTE 23, FRANKLIN NJ 07416