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Investec Bank (JSE:INLP.PFD) Retained Earnings : R22,764.00 Mil (As of Sep. 2018)


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What is Investec Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Investec Bank's retained earnings for the quarter that ended in Sep. 2018 was R22,764.00 Mil.

Investec Bank's quarterly retained earnings increased from Sep. 2017 (R0.00 Mil) to Mar. 2018 (R21,855.00 Mil) and increased from Mar. 2018 (R21,855.00 Mil) to Sep. 2018 (R22,764.00 Mil).

Investec Bank's annual retained earnings increased from . 20 (R0.00 Mil) to Mar. 2017 (R18,586.00 Mil) and increased from Mar. 2017 (R18,586.00 Mil) to Mar. 2018 (R21,855.00 Mil).


Investec Bank Retained Earnings Historical Data

The historical data trend for Investec Bank'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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Investec Bank Retained Earnings Chart

Investec Bank Annual Data
Trend Mar17 Mar18
Retained Earnings
18,586.00 21,855.00

Investec Bank Semi-Annual Data
Mar17 Sep17 Mar18 Sep18
Retained Earnings 18,586.00 - 21,855.00 22,764.00

Investec Bank 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.


Investec Bank  (JSE:INLP.PFD) 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.


Investec Bank Business Description

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Traded in Other Exchanges
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Address
100 Grayston Drive, Sandown, Sandton, Johannesburg, ZAF, 2196
Investec Bank Ltd is an international financial services company. The company provides Corporate Finance, Fixed Income, and Securities. It serves Agricultural inputs, Autos and auto ancillary, Building materials and resources, IT services, Banking, financial services and insurance, Media and entertainment, Industrials, Consumer and Pharmaceuticals industries. Revenue consists of interest income, fee and commission income, investment income, and trading income. Geographically, it has a presence in South Africa, the United Kingdom, Europe, Australia, United States of America and Other Countries.

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