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CaixaBank (LTS:0ILK) Retained Earnings : €4,248 Mil (As of Sep. 2024)


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What is CaixaBank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CaixaBank's retained earnings for the quarter that ended in Sep. 2024 was €4,248 Mil.

CaixaBank's quarterly retained earnings increased from Mar. 2024 (€1,005 Mil) to Jun. 2024 (€18,431 Mil) but then declined from Jun. 2024 (€18,431 Mil) to Sep. 2024 (€4,248 Mil).

CaixaBank's annual retained earnings increased from Dec. 2021 (€15,007 Mil) to Dec. 2022 (€16,781 Mil) and increased from Dec. 2022 (€16,781 Mil) to Dec. 2023 (€19,741 Mil).


CaixaBank Retained Earnings Historical Data

The historical data trend for CaixaBank'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.

CaixaBank Retained Earnings Chart

CaixaBank 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 9,500.00 10,100.00 15,007.00 16,781.00 19,741.00

CaixaBank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,659.00 19,741.00 1,005.00 18,431.00 4,248.00

CaixaBank 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.


CaixaBank  (LTS:0ILK) 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.


CaixaBank Business Description

Address
Calle Pintor Sorolla, 2-4, Valencia, ESP, 46002
CaixaBank SA is a Spanish bank that combines banking, insurance, and equity investment businesses. Its operations include retail banking, corporate banking, cash management, surplus management, and the allocation of income from financing the equity investment business. It consists of business segments of the Banking and insurance business, BPI, and Corporate center. The majority of its revenue comes from the Banking and insurance business. It has a geographic presence in Spain, Portugal, America, the Rest of the European Union, and the Rest of the world. In which Spain generates the majority of its revenue.

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