BSBK (Bogota Financial) Retained Earnings : $90.01 Mil (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Bogota Financial Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bogota Financial's retained earnings for the quarter that ended in Dec. 2024 was $90.01 Mil.

Bogota Financial's quarterly retained earnings declined from Jun. 2024 ($91.30 Mil) to Sep. 2024 ($90.94 Mil) and declined from Sep. 2024 ($90.94 Mil) to Dec. 2024 ($90.01 Mil).

Bogota Financial's annual retained earnings increased from Dec. 2022 ($91.76 Mil) to Dec. 2023 ($92.18 Mil) but then declined from Dec. 2023 ($92.18 Mil) to Dec. 2024 ($90.01 Mil).

Bogota Financial Retained Earnings Historical Data

The historical data trend for Bogota Financial'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.

Bogota Financial Retained Earnings Chart

Bogota Financial Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

Get a 7-Day Free Trial

77.36

84.88

91.76

92.18

90.01

Bogota Financial Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															92.18	91.74	91.30	90.94	90.01

Bogota Financial 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.

Bogota Financial (NAS:BSBK) 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.

Bogota Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bogota Financial Corp (NAS:BSBK) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

819 Teaneck Road, Teaneck, New Jersey, NJ, USA, 07666

Website

https://www.bogotasavingsbank.com

Bogota Financial Corp is a New Jersey-based bank. It offers personal and business banking services such as savings, certificates of deposits, online banking, loans, and many more. The Bank generally grants residential, commercial, and consumer loans to, and accepts deposits from customers in New Jersey.

Executives

John J. Masterson	director	24 COUNTRY CLUB WAY, DEMAREST NJ 07627
Kevin Pace	officer: Executive Vice President	819 TEANECK ROAD, TEANECK NJ 07666
Robert C. Walsh	officer: Executive Vice President	819 TEANECK ROAD, TEANECK NJ 07666
Joseph Coccaro	director, officer: President and CEO	819 TEANECK ROAD, TEANECK NJ 07666
William Charles Hanson	director	819 TEANECK ROAD, TEANECK NJ 07666
Steven M. Goldberg	director, other: Chairman of the Board	819 TEANECK ROAD, TEANECK NJ 07666
John G. Reiner	director	819 TEANECK ROAD, TEANECK NJ 07666
Brian Kohles	officer: SVP of Subsidiary	819 TEANECK ROAD, TEANECK NJ 07666
Brian Mccourt	officer: EVP and CFO	819 TEANECK ROAD, TEANECK NJ 07666
Financial, Mhc Bogota	10 percent owner	819 TEANECK ROAD, TEANECK NJ 07666
Patricia Sturt	officer: SVP of Subsidiary	819 TEANECK ROAD, TEANECK NJ 07666
Kathleen Pless	officer: SVP- Comm Lending of Sub	819 TEANECK ROAD, TEANECK NJ 07666
Bruce H. Dexter	director	819 TEANECK ROAD, TEANECK NJ 07666
Gary Gensheimer	director	819 TEANECK ROAD, TEANECK NJ 07666