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Hampton Roads Bankshares (Hampton Roads Bankshares) Retained Earnings : $-226.3 Mil (As of Sep. 2017)


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What is Hampton Roads Bankshares Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hampton Roads Bankshares's retained earnings for the quarter that ended in Sep. 2017 was $-226.3 Mil.

Hampton Roads Bankshares's quarterly retained earnings increased from Mar. 2017 ($-239.9 Mil) to Jun. 2017 ($-233.4 Mil) and increased from Jun. 2017 ($-233.4 Mil) to Sep. 2017 ($-226.3 Mil).

Hampton Roads Bankshares's annual retained earnings increased from Dec. 2014 ($-395.5 Mil) to Dec. 2015 ($-302.6 Mil) and increased from Dec. 2015 ($-302.6 Mil) to Dec. 2016 ($-245.5 Mil).


Hampton Roads Bankshares Retained Earnings Historical Data

The historical data trend for Hampton Roads Bankshares'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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Hampton Roads Bankshares Retained Earnings Chart

Hampton Roads Bankshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -408.94 -404.86 -395.54 -302.58 -245.54

Hampton Roads Bankshares Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -250.71 -245.54 -239.88 -233.41 -226.25

Hampton Roads Bankshares 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.


Hampton Roads Bankshares  (NAS:HMPR) 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.


Hampton Roads Bankshares (Hampton Roads Bankshares) Business Description

Traded in Other Exchanges
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Address
Xenith Bankshares Inc. is US-based commercial bank which is engaged in general community and commercial banking business. The company offers a broad range of interest-bearing and noninterest-bearing deposit accounts, including commercial and retail checking accounts. It provides loan and advances and lending products to commercial and industrial, construction, real estate-commercial mortgage, real estate-residential mortgage and for various business purposes. The company also offers mortgage banking services such as originating and processing mortgage loans for sale to the secondary market. Its reportable segments are mortgage and corporate. The company's primary source of revenue comprises of interest income and fees earned from lending and investment activities.
Executives
Snead Thomas G Jr director 1100 BOULDERS PARKWAY, RICHMOND VA 23225
Judy Carol Gavant officer: SVP/Chief Accounting Officer ONE JAMES CENTER, 901 EAST CARY STREET, SUITE 1700, RICHMOND VA 23219
Edward Grebow director
James Floyd Burr director 301 SOUTH COLLEGE STREET, CHARLOTTE NC 28288
Scott A. Reed director 901 E. CARY STREET, ONE JAMES CENTER, SUITE 1700, RICHMOND VA 23219
Patrick E. Corbin director 999 WATERSIDE DR., STE. 200, NORFOLK VA 23510
Robert Goldstein 10 percent owner
Eugene Ludwig director, 10 percent owner 280 PARK AVENUE, 40TH FLOOR WEST, SUITE 401, NEW YORK NY 10017
John S Poelker director C/O 420 MAIN STREET, EVANSVILLE IN 47708
Jon F Weber director 641 LYNNHAVEN PARKWAY, VIRGINIA BEACH VA 23457
Stephen J Gurgovits director
Stephen P Theobald officer: Chief Financial Officer & EVP 999 WATERSIDE DRIVE, SUITE 200, NORFOLK VA 23510
Tc Group Cayman Investment Holdings, L.p. 10 percent owner C/O WALKERS CORPORATE SERVICES LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9001
Carlyle Financial Services Harbor, L.p. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Financial Services, Ltd. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505

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