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Banco Comercial Portugues (Banco Comercial Portugues) Retained Earnings : $934 Mil (As of Dec. 2023)


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What is Banco Comercial Portugues Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Banco Comercial Portugues's retained earnings for the quarter that ended in Dec. 2023 was $934 Mil.

Banco Comercial Portugues's quarterly retained earnings increased from Jun. 2023 ($459 Mil) to Sep. 2023 ($694 Mil) and increased from Sep. 2023 ($694 Mil) to Dec. 2023 ($934 Mil).

Banco Comercial Portugues's annual retained earnings increased from Dec. 2021 ($156 Mil) to Dec. 2022 ($209 Mil) and increased from Dec. 2022 ($209 Mil) to Dec. 2023 ($934 Mil).


Banco Comercial Portugues Retained Earnings Historical Data

The historical data trend for Banco Comercial Portugues'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.

Banco Comercial Portugues Retained Earnings Chart

Banco Comercial Portugues 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 335.56 222.64 156.03 209.10 933.53

Banco Comercial Portugues 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 209.10 230.15 458.56 694.47 933.53

Banco Comercial Portugues 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.


Banco Comercial Portugues  (OTCPK:BPCGF) 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.


Banco Comercial Portugues (Banco Comercial Portugues) Business Description

Traded in Other Exchanges
Address
Praca D. Joao I, 28, Porto, PRT, 4000-295
Banco Comercial Portugues SA or Millennium BCP, is a Portuguese bank operating primarily in Portugal, as well as Poland, Mozambique, and Angola. The bank offers a wide range of retail and corporate banking products and services. The bank's distribution network includes traditional branches, as well as online banking, call centers, mobile banking, ATMs, and point of sale systems. In addition to its emphasis on financial technology, BCP's business model has shifted focus to high-net worth individuals, business lending with growth potential, as well as divestiture of noncore assets in its portfolio. The bank's net revenue is mostly net interest income, with notable net commission and net trading income. Most of BCP's earning assets are loans split nearly evenly between retail and corporate.

Banco Comercial Portugues (Banco Comercial Portugues) Headlines