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Cihan Bank for Islamic & Finance (IQS:BCIH) Retained Earnings : ع.د45,596 Mil (As of Sep. 2024)


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What is Cihan Bank for Islamic & Finance Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cihan Bank for Islamic & Finance's retained earnings for the quarter that ended in Sep. 2024 was ع.د45,596 Mil.

Cihan Bank for Islamic & Finance's quarterly retained earnings increased from Mar. 2024 (ع.د30,398 Mil) to Jun. 2024 (ع.د39,602 Mil) and increased from Jun. 2024 (ع.د39,602 Mil) to Sep. 2024 (ع.د45,596 Mil).

Cihan Bank for Islamic & Finance's annual retained earnings increased from . 20 (ع.د0 Mil) to Dec. 2022 (ع.د19,791 Mil) and increased from Dec. 2022 (ع.د19,791 Mil) to Dec. 2023 (ع.د22,682 Mil).


Cihan Bank for Islamic & Finance Retained Earnings Historical Data

The historical data trend for Cihan Bank for Islamic & 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.

Cihan Bank for Islamic & Finance Retained Earnings Chart

Cihan Bank for Islamic & Finance Annual Data
Trend Dec22 Dec23
Retained Earnings
19,790.58 22,681.85

Cihan Bank for Islamic & Finance Quarterly Data
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 32,589.67 22,681.85 30,398.01 39,601.64 45,595.82

Cihan Bank for Islamic & 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.


Cihan Bank for Islamic & Finance  (IQS:BCIH) 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.


Cihan Bank for Islamic & Finance Business Description

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Address
100m Road, P.O Box: 0116-17, Next to Cihan university, Erbil, IRQ
Cihan Bank for Islamic & Finance is an Islamic bank that practices banking and financial activities in accordance with the principles and provisions of Islamic Sharia.

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