GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LankaBangla Finance PLC (DHA:LANKABAFIN) » Definitions » Retained Earnings

LankaBangla Finance (DHA:LANKABAFIN) Retained Earnings : BDT1,238 Mil (As of Sep. 2024)


View and export this data going back to 2006. Start your Free Trial

What is LankaBangla Finance Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LankaBangla Finance's retained earnings for the quarter that ended in Sep. 2024 was BDT1,238 Mil.

LankaBangla Finance's quarterly retained earnings increased from Mar. 2024 (BDT1,509 Mil) to Jun. 2024 (BDT1,637 Mil) but then declined from Jun. 2024 (BDT1,637 Mil) to Sep. 2024 (BDT1,238 Mil).

LankaBangla Finance's annual retained earnings increased from Dec. 2021 (BDT2,085 Mil) to Dec. 2022 (BDT2,090 Mil) but then declined from Dec. 2022 (BDT2,090 Mil) to Dec. 2023 (BDT1,434 Mil).


LankaBangla Finance Retained Earnings Historical Data

The historical data trend for LankaBangla Finance'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.

LankaBangla Finance Retained Earnings Chart

LankaBangla Finance 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 1,447.09 1,593.92 2,085.15 2,089.58 1,434.33

LankaBangla Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,320.89 1,434.33 1,508.54 1,636.71 1,238.12

LankaBangla Finance 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.


LankaBangla Finance  (DHA:LANKABAFIN) 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.


LankaBangla Finance Business Description

Traded in Other Exchanges
N/A
Address
20, Kemal Ataturk Avenue, Safura Tower (Level 11), Banani, Dhaka, BGD, 1213
LankaBangla Finance PLC is engaged in providing financial services. The company offers corporate financial services, personal financial services, SME financial services, stock broking, corporate advisory and wealth management services. It is a financial institution to operate credit card and provide third-party card processing services to different banks in Bangladesh. The company has four reportable segments being Core Financing Business; Brokerage; Investment Business, and Asset Management Business. It derives majority of its revenues from the Core Financing Business segment.

LankaBangla Finance Headlines

No Headlines