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The Housing Bank for Trade & Finance (The Housing Bank for Trade & Finance) Retained Earnings : $691.59 Mil (As of Mar. 2024)


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What is The Housing Bank for Trade & Finance Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Housing Bank for Trade & Finance's retained earnings for the quarter that ended in Mar. 2024 was $691.59 Mil.

The Housing Bank for Trade & Finance's quarterly retained earnings increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($638.97 Mil) and increased from Dec. 2023 ($638.97 Mil) to Mar. 2024 ($691.59 Mil).

The Housing Bank for Trade & Finance's annual retained earnings increased from Dec. 2021 ($517.96 Mil) to Dec. 2022 ($588.01 Mil) and increased from Dec. 2022 ($588.01 Mil) to Dec. 2023 ($638.97 Mil).


The Housing Bank for Trade & Finance Retained Earnings Historical Data

The historical data trend for The Housing Bank for Trade & 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.

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The Housing Bank for Trade & Finance Retained Earnings Chart

The Housing Bank for Trade & 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 402.41 - 517.96 588.01 638.97

The Housing Bank for Trade & Finance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 638.97 691.59

The Housing Bank for Trade & 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.


The Housing Bank for Trade & Finance  (OTCPK:HSBJY) 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.


The Housing Bank for Trade & Finance (The Housing Bank for Trade & Finance) Business Description

Traded in Other Exchanges
Address
Al-Shumaysani-Prince Shaker Bin Zaid Street, P.O. Box 7693, Building No. 37, Amman, JOR, 11118
The Housing Bank for Trade & Finance is a commercial banking setup based predominantly in Jordan. The company's operating segment include Retail Banking; Corporate; Corporate Finance; Treasury and Others. Retail Banking segment includes following up on deposits of individual customers and small businesses and granting them loans, debts, credit cards, and other services. Its Corporate segment includes following up on deposits, credit facilities and other banking services for institutional and corporate clients. Corporate Finance segment relates to arranging structured finance and providing services relating to privatizations, IPO's, mergers, and acquisitions. Treasury segment includes providing trading and treasury services and management of the Bank's funds in money and capital markets.

The Housing Bank for Trade & Finance (The Housing Bank for Trade & Finance) Headlines

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