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Arab Banking (BSC) (BAH:ABC) Retained Earnings : $1,362 Mil (As of Jun. 2024)


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What is Arab Banking (BSC) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Arab Banking (BSC)'s retained earnings for the quarter that ended in Jun. 2024 was $1,362 Mil.

Arab Banking (BSC)'s quarterly retained earnings stayed the same from Dec. 2023 ($1,283 Mil) to Mar. 2024 ($1,283 Mil) but then increased from Mar. 2024 ($1,283 Mil) to Jun. 2024 ($1,362 Mil).

Arab Banking (BSC)'s annual retained earnings increased from Dec. 2021 ($1,055 Mil) to Dec. 2022 ($1,125 Mil) and increased from Dec. 2022 ($1,125 Mil) to Dec. 2023 ($1,283 Mil).


Arab Banking (BSC) Retained Earnings Historical Data

The historical data trend for Arab Banking (BSC)'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.

Arab Banking (BSC) Retained Earnings Chart

Arab Banking (BSC) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,051.00 965.00 1,055.00 1,125.00 1,283.00

Arab Banking (BSC) Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,195.00 1,250.00 1,283.00 1,283.00 1,362.00

Arab Banking (BSC) 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.


Arab Banking (BSC)  (BAH:ABC) 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.


Arab Banking (BSC) Business Description

Traded in Other Exchanges
N/A
Address
Building 152, Road 1703, Block 317, P.O. Box 5698, Bank ABC Tower, Diplomatic Area, Manama, BHR
Arab Banking Corp (BSC) is an international bank registered in the Kingdom of Bahrain. It acts as a provider of trade finance, treasury, project & structured finance, syndications, corporate and institutional banking as well as Islamic banking services. It operates its business across the globe covering countries in the Middle East, North Africa, Europe, the Americas and Asia. The Group is organized into five operating segments- MENA subsidiaries, International wholesale banking, Group treasury, ABC Brasil and Others. It generates the majority of its revenue from fees, the commission received from products and services provided.

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