QNB Finansal Kiralama AS (IST:QNBFK) Retained Earnings: ₺563 Mil (As of Mar. 2026)

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IST:QNBFK QNB Finansal Kiralama AS IST:QNBFK
49 GF Score
Price ₺44.30
GF Value ₺61.59
Valuation Modestly Undervalued
! 5 Warning Signs
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What is QNB Finansal Kiralama AS Retained Earnings?

QNB Finansal Kiralama AS IST:QNBFK -1.73% 49 Retained Earnings is ₺563 Mil as of Mar. 2026. GuruFocus rates IST:QNBFK with a GF Score™ of 49/100 and a GF Value™ of ₺61.59 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. QNB Finansal Kiralama AS's retained earnings for the quarter that ended in Mar. 2026 was ₺563 Mil.

QNB Finansal Kiralama AS's quarterly retained earnings increased from Sep. 2025 (₺1,314 Mil) to Dec. 2025 (₺1,829 Mil) but then declined from Dec. 2025 (₺1,829 Mil) to Mar. 2026 (₺563 Mil).

QNB Finansal Kiralama AS's annual retained earnings increased from Dec. 2023 (₺824 Mil) to Dec. 2024 (₺1,205 Mil) and increased from Dec. 2024 (₺1,205 Mil) to Dec. 2025 (₺1,829 Mil).


QNB Finansal Kiralama AS  (IST:QNBFK) 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.


QNB Finansal Kiralama AS Retained Earnings Historical Data

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The historical data trend for QNB Finansal Kiralama AS'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.

QNB Finansal Kiralama AS Retained Earnings Chart

QNB Finansal Kiralama AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.54 401.55 824.38 1,205.18 1,828.95

QNB Finansal Kiralama AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 379.48 857.02 1,314.32 1,828.95 562.60
IST:QNBFK
49GF Score
QNB Finansal Kiralama AS IST:QNBFK
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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QNB Finansal Kiralama AS 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₺563 Mil mean?
QNB Finansal Kiralama AS (IST:QNBFK) has a Retained Earnings of ₺563 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on QNB Finansal Kiralama AS and its competitors.
Is QNB Finansal Kiralama AS's Retained Earnings too high?
QNB Finansal Kiralama AS's current Retained Earnings is ₺563 Mil. Overall, QNB Finansal Kiralama AS has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QNB Finansal Kiralama AS's Retained Earnings compare to V and MA?
QNB Finansal Kiralama AS's Retained Earnings of ₺563 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Credit Services company?
A good Retained Earnings depends on the Credit Services industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on QNB Finansal Kiralama AS and its competitors. QNB Finansal Kiralama AS's current Retained Earnings is ₺563 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QNB Finansal Kiralama AS stock overvalued right now?
Based on GuruFocus' analysis, QNB Finansal Kiralama AS (IST:QNBFK) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺61.59, compared to a current price of ₺44.30 — trading 28.1% below its estimated fair value. The current Retained Earnings is ₺563 Mil. QNB Finansal Kiralama AS's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For QNB Finansal Kiralama AS (IST:QNBFK), the current Retained Earnings is ₺563 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is QNB Finansal Kiralama AS (IST:QNBFK) Overvalued in 2026?

Based on GuruFocus' analysis, QNB Finansal Kiralama AS stock appears to be undervalued. The current stock price of ₺44.30 is trading 28.1% below its estimated GF Value™ of ₺61.59. GuruFocus considers QNB Finansal Kiralama AS to be Modestly Undervalued.

Key valuation signals for IST:QNBFK:

  • Retained Earnings: ₺563 Mil
  • GF Value™: ₺61.59 vs. price of ₺44.30 (28.1% below fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the IST:QNBFK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


QNB Finansal Kiralama AS Business Description

Address Nispetiye Caddesi, Akmerkez B Kulesi Kat: 10, Istanbul, TUR, 34620
QNB Finansal Kiralama AS formerly QNB Finans Finansal Kiralama AS is a Turkey-based company involved in providing leasing services to Wind Turbines & Solar Power Plants, Heavy Machinery, Automobiles, Medical Equipment, Agricultural Equipment, and Printing Equipment among others.
49GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺44.30
Price
₺61.59
GF Value