Allied Bank (KAR:ABL) Retained Earnings : ₨118,751 Mil (As of Jun. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Allied Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Allied Bank's retained earnings for the quarter that ended in Jun. 2024 was ₨118,751 Mil.

Allied Bank's quarterly retained earnings increased from Dec. 2023 (₨107,827 Mil) to Mar. 2024 (₨111,043 Mil) and increased from Mar. 2024 (₨111,043 Mil) to Jun. 2024 (₨118,751 Mil).

Allied Bank's annual retained earnings increased from Dec. 2021 (₨71,823 Mil) to Dec. 2022 (₨82,059 Mil) and increased from Dec. 2022 (₨82,059 Mil) to Dec. 2023 (₨107,827 Mil).

Allied Bank Retained Earnings Historical Data

The historical data trend for Allied 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.

* Premium members only.

Allied Bank Retained Earnings Chart

Allied Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

57,681.93

69,203.70

71,822.52

82,058.98

107,827.29

Allied Bank Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial															92,304.23	99,732.27	107,827.29	111,042.65	118,751.06

Allied 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.

Allied Bank (KAR:ABL) 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.

Allied Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Allied Bank Ltd (KAR:ABL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tipu Block, New Garden Town, Main Boulevard, Lahore, PB, PAK, 54000

Website

https://www.abl.com

Allied Bank Ltd is a scheduled bank engaged in providing commercial banking and related services. It offers financial products and services to medium and large-sized public and private sector entities and overseas including corporate advisory, underwriting, cash management, trade products, corporate finance products, arranging tenured financing and customer service. It also provides for treasury and money market activities; providing retail banking services to consumers, small and medium enterprises; loans and deposits to commercial and retail customers. The bank's segments are Corporate and Investment Banking; Trading and Sales; Commercial and retail banking; Islamic banking; Asset management company and Others. Majority of revenue is derived from Commercial and Retail Banking segment.