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Midland Capital Holdings (Midland Capital Holdings) Retained Earnings : $6.73 Mil (As of Jun. 2023)


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What is Midland Capital Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Midland Capital Holdings's retained earnings for the quarter that ended in Jun. 2023 was $6.73 Mil.

Midland Capital Holdings's quarterly retained earnings declined from Jun. 2007 ($10.10 Mil) to Jun. 2022 ($6.18 Mil) but then increased from Jun. 2022 ($6.18 Mil) to Jun. 2023 ($6.73 Mil).

Midland Capital Holdings's annual retained earnings declined from Jun. 2007 ($10.10 Mil) to Jun. 2022 ($6.18 Mil) but then increased from Jun. 2022 ($6.18 Mil) to Jun. 2023 ($6.73 Mil).


Midland Capital Holdings Retained Earnings Historical Data

The historical data trend for Midland Capital 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.

Midland Capital Holdings Retained Earnings Chart

Midland Capital Holdings Annual Data
Trend Jun00 Jun01 Jun03 Jun04 Jun05 Jun06 Jun07 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 9.08 9.76 10.10 6.18 6.73

Midland Capital Holdings Semi-Annual Data
Jun00 Jun01 Jun03 Jun04 Jun05 Jun06 Jun07 Jun22 Jun23
Retained Earnings Get a 7-Day Free Trial Premium Member Only 9.08 9.76 10.10 6.18 6.73

Midland Capital 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.


Midland Capital Holdings  (OTCPK:MCPH) 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.


Midland Capital Holdings (Midland Capital Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8929 South Harlem Avenue, Bridgeview, IL, USA, 60455
Midland Capital Holdings Corp is engaged in the business of attracting deposits from the general public and using such deposits to originate a residential mortgage and, to a lesser extent, consumer, multi-family, and other loans in its primary market area. The company also makes substantial investments in investment securities and money market mutual funds.
Executives
Richard Lloyd Taylor director, officer: Vice President 13361 CALLAN DR., ORLAND PARK X1 60462
Algerd Brazis director
Michael J Kukanza director

Midland Capital Holdings (Midland Capital Holdings) Headlines