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Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Retained Earnings : ₺6,854 Mil (As of Dec. 2023)


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What is Turkiye Sinai Kalkinma Bankasi AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Turkiye Sinai Kalkinma Bankasi AS's retained earnings for the quarter that ended in Dec. 2023 was ₺6,854 Mil.

Turkiye Sinai Kalkinma Bankasi AS's quarterly retained earnings increased from Jun. 2023 (₺3,034 Mil) to Sep. 2023 (₺4,895 Mil) and increased from Sep. 2023 (₺4,895 Mil) to Dec. 2023 (₺6,854 Mil).

Turkiye Sinai Kalkinma Bankasi AS's annual retained earnings increased from Dec. 2021 (₺1,059 Mil) to Dec. 2022 (₺3,946 Mil) and increased from Dec. 2022 (₺3,946 Mil) to Dec. 2023 (₺6,854 Mil).


Turkiye Sinai Kalkinma Bankasi AS Retained Earnings Historical Data

The historical data trend for Turkiye Sinai Kalkinma Bankasi 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.

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Turkiye Sinai Kalkinma Bankasi AS Retained Earnings Chart

Turkiye Sinai Kalkinma Bankasi AS 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 704.23 712.82 1,058.96 3,945.72 6,854.10

Turkiye Sinai Kalkinma Bankasi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3,945.72 1,300.72 3,034.04 4,895.33 6,854.10

Turkiye Sinai Kalkinma Bankasi 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.


Turkiye Sinai Kalkinma Bankasi AS  (IST:TSKB) 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.


Turkiye Sinai Kalkinma Bankasi AS (IST:TSKB) Business Description

Traded in Other Exchanges
N/A
Address
Meclisi Mebusan Cad. No. 81, Findikli, Istanbul, TUR, 34427
Turkiye Sinai Kalkinma Bankasi AS is an investment and development bank primarily operating in Turkey. Members of Turkiye Is Bankasi control over half of the company's shares. TSKB provides a broad array of corporate banking, investment banking, and consultancy services. An integral part of the company's strategy is to engage in strategic partnerships with multinational financial institutions for exposure to global funds. Most of the bank's earning assets are loans and advances to customers. Nearly all of the bank's net revenue is net interest income.

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