GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Alpha Services and Holdings SA (LTS:0RCS) » Definitions » Retained Earnings

Alpha Services and Holdings (LTS:0RCS) Retained Earnings : €1,960 Mil (As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Alpha Services and Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alpha Services and Holdings's retained earnings for the quarter that ended in Sep. 2024 was €1,960 Mil.

Alpha Services and Holdings's quarterly retained earnings increased from Mar. 2024 (€1,819 Mil) to Jun. 2024 (€1,921 Mil) and increased from Jun. 2024 (€1,921 Mil) to Sep. 2024 (€1,960 Mil).

Alpha Services and Holdings's annual retained earnings increased from Dec. 2021 (€-6,366 Mil) to Dec. 2022 (€283 Mil) and increased from Dec. 2022 (€283 Mil) to Dec. 2023 (€1,626 Mil).


Alpha Services and Holdings Retained Earnings Historical Data

The historical data trend for Alpha Services and Holdings'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.

Alpha Services and Holdings Retained Earnings Chart

Alpha Services and Holdings 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 -3,572.13 -3,431.50 -6,366.26 282.77 1,625.65

Alpha Services and Holdings 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 1,509.11 1,625.65 1,818.51 1,920.89 1,959.84

Alpha Services and Holdings 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.


Alpha Services and Holdings  (LTS:0RCS) 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.


Alpha Services and Holdings Business Description

Traded in Other Exchanges
Address
40 Stadiou Street, Athens, GRC, 102 52
Alpha Services and Holdings SA is the parent company of the Alpha Bank Group, which offers a diverse range of financial and non-financial services, including corporate and retail banking, investment banking, brokerage services, insurance services, real estate management, and hotel services. Its segments include, Retail, Wholesale, Wealth Management, International activities, Non Performing Assets and Corporate. Majority of the revenue is generated from its Wholesale banking segment which offers working capital facilities, corporate loans, leasing products, investment banking services among others. Geographically, a substantial part of the company's overall revenue is generated from Greece.

Alpha Services and Holdings Headlines

No Headlines