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Bank Hapoalim BM (Bank Hapoalim BM) Retained Earnings : $12,519 Mil (As of Dec. 2023)


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What is Bank Hapoalim BM Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank Hapoalim BM's retained earnings for the quarter that ended in Dec. 2023 was $12,519 Mil.

Bank Hapoalim BM's quarterly retained earnings increased from Jun. 2023 ($11,889 Mil) to Sep. 2023 ($12,133 Mil) and increased from Sep. 2023 ($12,133 Mil) to Dec. 2023 ($12,519 Mil).

Bank Hapoalim BM's annual retained earnings increased from Dec. 2021 ($9,771 Mil) to Dec. 2022 ($11,186 Mil) and increased from Dec. 2022 ($11,186 Mil) to Dec. 2023 ($12,519 Mil).


Bank Hapoalim BM Retained Earnings Historical Data

The historical data trend for Bank Hapoalim BM'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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Bank Hapoalim BM Retained Earnings Chart

Bank Hapoalim BM 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 8,480.19 8,841.63 9,770.91 11,185.54 12,519.01

Bank Hapoalim BM Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11,185.54 11,586.75 11,889.47 12,132.96 12,519.01

Bank Hapoalim BM 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 Hapoalim BM  (OTCPK:BKHYY) 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 Hapoalim BM (Bank Hapoalim BM) Business Description

Traded in Other Exchanges
Address
50 Rothschild Boulevard, Tel Aviv, ISR, 63432
Bank Hapoalim BM is an Israeli bank that operates hundreds of full-service retail branches focusing on households, small businesses, and private banking to high-net-worth individuals. The bank offers a range of banking and payments products, capital market and foreign trade facilities, and a full gamut of financial planning advisory services, including pension and retirement planning. Its private banking division offers wealth management services and has a global presence. Most of its net revenue is derived from net interest income in the corporate and household segments. The bank's strategy emphasizes its competitive positioning in Israel, diversification of revenue sources, operational efficiency, and financial technology.