Optima bank (ATH:OPTIMA) Retained Earnings : €93.7 Mil (As of Jun. 2023)

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What is Optima bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Optima bank's retained earnings for the quarter that ended in Jun. 2023 was €93.7 Mil.

Optima bank's quarterly retained earnings increased from Jun. 2022 (€0.0 Mil) to Dec. 2022 (€19.6 Mil) and increased from Dec. 2022 (€19.6 Mil) to Jun. 2023 (€93.7 Mil).

Optima bank's annual retained earnings increased from Dec. 2020 (€-31.9 Mil) to Dec. 2021 (€-21.9 Mil) and increased from Dec. 2021 (€-21.9 Mil) to Dec. 2022 (€19.6 Mil).

Optima bank Retained Earnings Historical Data

The historical data trend for Optima bank'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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Optima bank Retained Earnings Chart

Optima bank Annual Data

Trend

Dec20

Dec21

Dec22

Retained Earnings

-31.93

-21.89

19.57

Optima bank Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Retained Earnings	-31.93	-21.89	-	19.57	93.73

Optima bank 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.

Optima bank (ATH:OPTIMA) 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.

Optima bank (ATH:OPTIMA) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Optima bank SA (ATH:OPTIMA) » Definitions » Retained Earnings

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C59:Germany

Address

32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125

Website

https://www.optimabank.gr

Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services and Business Receivables Agency.

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