Banca Ifis (FRA:0I6) Retained Earnings : €126.6 Mil (As of Sep. 2024)

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What is Banca Ifis Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Banca Ifis's retained earnings for the quarter that ended in Sep. 2024 was €126.6 Mil.

Banca Ifis's quarterly retained earnings increased from Mar. 2024 (€-15.8 Mil) to Jun. 2024 (€93.6 Mil) and increased from Jun. 2024 (€93.6 Mil) to Sep. 2024 (€126.6 Mil).

Banca Ifis's annual retained earnings declined from Dec. 2021 (€100.6 Mil) to Dec. 2022 (€88.7 Mil) but then increased from Dec. 2022 (€88.7 Mil) to Dec. 2023 (€97.1 Mil).

Banca Ifis Retained Earnings Historical Data

The historical data trend for Banca Ifis'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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Banca Ifis Retained Earnings Chart

Banca Ifis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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123.10

68.80

100.58

88.65

97.15

Banca Ifis 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															124.74	97.15	-15.79	93.61	126.57

Banca Ifis 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.

Banca Ifis (FRA:0I6) 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.

Banca Ifis Business Description

Industry

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IF:Italy 0NBX:UK 0I6:Germany

Address

Via Terraglio, 63, Mestre, Venice, ITA, 30174

Website

https://www.bancaifis.it

Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The group's earning assets are split nearly evenly between loans to customers and debt and equity securities available for sale. The group's net revenue is net interest income.

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