MBNKP.PFD (Medallion Bank) Retained Earnings : $239.57 Mil (As of Dec. 2024)

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What is Medallion Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Medallion Bank's retained earnings for the quarter that ended in Dec. 2024 was $239.57 Mil.

Medallion Bank's quarterly retained earnings increased from Jun. 2024 ($223.53 Mil) to Sep. 2024 ($231.49 Mil) and increased from Sep. 2024 ($231.49 Mil) to Dec. 2024 ($239.57 Mil).

Medallion Bank's annual retained earnings increased from Dec. 2022 ($163.55 Mil) to Dec. 2023 ($209.03 Mil) and increased from Dec. 2023 ($209.03 Mil) to Dec. 2024 ($239.57 Mil).

Medallion Bank Retained Earnings Historical Data

The historical data trend for Medallion 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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Medallion Bank Retained Earnings Chart

Medallion Bank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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70.01

114.96

163.55

209.03

239.57

Medallion Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															209.03	216.00	223.53	231.49	239.57

Medallion 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.

Medallion Bank (NAS:MBNKP.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.

Medallion Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Medallion Bank (NAS:MBNKP.PFD) » Definitions » Retained Earnings

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Address

1100 East 6600 South, Suite 510, Salt Lake, UT, USA, 84121

Website

https://www.medallionbank.com

Medallion Bank is engaged in providing consumer loans, raising deposits, and manages other banking activities. It offers affordable financing for home improvement contractors, including window, siding, and roof replacements, kitchen, bath and basement remodels, HVAC (Heating Ventilation and Air Conditioning), and solar PV installations. Medallion also offers recreation financing for new and used motorhomes, towable RVs, truck campers, cargo trailers, utility trailers, horse trailers, and a variety of ATVs and other power sport vehicles. Its segments are Recreation; Home Improvement; and Other. The company generates maximum revenue from the Recreation segment.

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