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Bank AudiL (BEY:AUDI) Retained Earnings : $-48.09 Mil (As of Sep. 2023)


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What is Bank AudiL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank AudiL's retained earnings for the quarter that ended in Sep. 2023 was $-48.09 Mil.

Bank AudiL's quarterly retained earnings increased from Dec. 2021 ($-4.20 Mil) to Sep. 2022 ($0.00 Mil) but then declined from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($-48.09 Mil).

Bank AudiL's annual retained earnings declined from Dec. 2019 ($6.19 Mil) to Dec. 2020 ($6.06 Mil) and declined from Dec. 2020 ($6.06 Mil) to Dec. 2021 ($-4.20 Mil).


Bank AudiL Retained Earnings Historical Data

The historical data trend for Bank AudiL'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.

Bank AudiL Retained Earnings Chart

Bank AudiL 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 23.01 22.37 6.19 6.06 -4.20

Bank AudiL Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Dec21 Sep22 Sep23
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 7.43 6.06 -4.20 - -48.09

Bank AudiL 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.


Bank AudiL  (BEY:AUDI) 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.


Bank AudiL (BEY:AUDI) Business Description

Traded in Other Exchanges
Address
Omar Daouk Street, P.O. Box 11-2560, Bab Idriss, Bank Audi Plaza, Beirut, LBN
Bank Audi SAL is a Lebanon based international banking service provider. The company through its subsidiaries operates in more than 10 countries from Asia, the Middle East, North Africa, and Europe. Its functions are rendered through four segments; Corporate and commercial, Retail and personal, Treasury and capital markets, and Group functions and head office. The bank provides loans, foreign exchange services, covers overdrafts, credit cards, transactions in capital markets, and investment management services to its customers. It generates maximum revenue from the Treasury and Capital Markets segment.

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