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EQB (TSX:EQB) Retained Earnings : C$2,607 Mil (As of Apr. 2025)


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What is EQB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. EQB's retained earnings for the quarter that ended in Apr. 2025 was C$2,607 Mil.

EQB's quarterly retained earnings increased from Oct. 2024 (C$2,483 Mil) to Jan. 2025 (C$2,564 Mil) and increased from Jan. 2025 (C$2,564 Mil) to Apr. 2025 (C$2,607 Mil).

EQB's annual retained earnings increased from Dec. 2021 (C$1,651 Mil) to Dec. 2022 (C$1,870 Mil) and increased from Dec. 2022 (C$1,870 Mil) to Oct. 2024 (C$2,483 Mil).


EQB Retained Earnings Historical Data

The historical data trend for EQB'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.

EQB Retained Earnings Chart

EQB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,193.49 1,387.92 1,650.76 1,870.10 2,483.31

EQB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 2,359.12 2,432.43 2,483.31 2,564.32 2,607.00

EQB 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.


EQB  (TSX:EQB) 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.


EQB Business Description

Traded in Other Exchanges
Address
30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
Executives
Smith Financial Corporation 10% Security Holder
Stephen Smith 10% Security Holder
Andrew Moor Senior Officer
Katherine Ruta Senior Officer
Chadwick Westlake Senior Officer
Timothy Paul Charron Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Daniel Broten Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Paul Mignardi Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Darren Lorimer Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Isabelle Farella Senior Officer
Mahima Poddar Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Stramaglia Director
David Wilkes Senior Officer
Yongah Kim Director
Oakwest Corporation Limited 10% Security Holder

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