GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Spar Nord Bank A/S (LTS:0JH4) » Definitions » Retained Earnings

Spar Nord Bank A/S (LTS:0JH4) Retained Earnings : kr9,995 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Spar Nord Bank A/S Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Spar Nord Bank A/S's retained earnings for the quarter that ended in Dec. 2023 was kr9,995 Mil.

Spar Nord Bank A/S's quarterly retained earnings increased from Jun. 2023 (kr10,185 Mil) to Sep. 2023 (kr10,759 Mil) but then declined from Sep. 2023 (kr10,759 Mil) to Dec. 2023 (kr9,995 Mil).

Spar Nord Bank A/S's annual retained earnings increased from Dec. 2021 (kr8,928 Mil) to Dec. 2022 (kr9,201 Mil) and increased from Dec. 2022 (kr9,201 Mil) to Dec. 2023 (kr9,995 Mil).


Spar Nord Bank A/S Retained Earnings Historical Data

The historical data trend for Spar Nord Bank A/S'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.

Spar Nord Bank A/S Retained Earnings Chart

Spar Nord Bank A/S 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 7,032.00 7,988.00 8,928.00 9,201.00 9,995.00

Spar Nord Bank A/S 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 9,201.00 9,643.00 10,185.00 10,759.00 9,995.00

Spar Nord Bank A/S 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.


Spar Nord Bank A/S  (LTS:0JH4) 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.


Spar Nord Bank A/S (LTS:0JH4) Business Description

Traded in Other Exchanges
Address
Skelagervej 15, P.O. Box 162, Aalborg, DNK, 9100
Spar Nord Bank A/S is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's strategy emphasizes personalization and financial technology. Most of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, most notably financial services, real estate, trade, and agriculture, hunting, and forestry.

Spar Nord Bank A/S (LTS:0JH4) Headlines

No Headlines