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PT Bank Victoria International Tbk (ISX:BVIC) Retained Earnings : Rp983,986 Mil (As of Dec. 2023)


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What is PT Bank Victoria International Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Bank Victoria International Tbk's retained earnings for the quarter that ended in Dec. 2023 was Rp983,986 Mil.

PT Bank Victoria International Tbk's quarterly retained earnings increased from Jun. 2023 (Rp981,492 Mil) to Sep. 2023 (Rp997,268 Mil) but then declined from Sep. 2023 (Rp997,268 Mil) to Dec. 2023 (Rp983,986 Mil).

PT Bank Victoria International Tbk's annual retained earnings increased from Dec. 2021 (Rp671,840 Mil) to Dec. 2022 (Rp907,170 Mil) and increased from Dec. 2022 (Rp907,170 Mil) to Dec. 2023 (Rp983,986 Mil).


PT Bank Victoria International Tbk Retained Earnings Historical Data

The historical data trend for PT Bank Victoria International Tbk'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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PT Bank Victoria International Tbk Retained Earnings Chart

PT Bank Victoria International Tbk 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 1,233,168.16 790,903.69 671,839.98 907,169.60 983,985.94

PT Bank Victoria International Tbk 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 907,169.60 952,832.26 981,492.17 997,268.47 983,985.94

PT Bank Victoria International Tbk 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.


PT Bank Victoria International Tbk  (ISX:BVIC) 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.


PT Bank Victoria International Tbk (ISX:BVIC) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Gatot Subroto Kav. 23, Graha BIP Building, 10th Floor, Jakarta Selatan, IDN, 12930
PT Bank Victoria International Tbk is an Indonesia-based private commercial bank. It provides general banking services like collecting deposits, granting loans and advances, clearing and collection services, RTGS, bill payment, and many others. The group's operating segments are conventional segment which is the key revenue driver; and sharia segment. Conventional segment consists of products and services in the forms of savings products, lending products, and services. It operates in Jadetabek, West Java, Central Java, East Java, and Outer Java regions.

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