GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco del Bajio SA (MEX:BBAJIOO) » Definitions » Retained Earnings

Banco del Bajio (MEX:BBAJIOO) Retained Earnings : MXN23,518 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Banco del Bajio Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Banco del Bajio's retained earnings for the quarter that ended in Mar. 2024 was MXN23,518 Mil.

Banco del Bajio's quarterly retained earnings increased from Sep. 2023 (MXN19,561 Mil) to Dec. 2023 (MXN20,736 Mil) and increased from Dec. 2023 (MXN20,736 Mil) to Mar. 2024 (MXN23,518 Mil).

Banco del Bajio's annual retained earnings declined from Dec. 2021 (MXN17,415 Mil) to Dec. 2022 (MXN16,180 Mil) but then increased from Dec. 2022 (MXN16,180 Mil) to Dec. 2023 (MXN20,736 Mil).


Banco del Bajio Retained Earnings Historical Data

The historical data trend for Banco del Bajio'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.

Banco del Bajio Retained Earnings Chart

Banco del Bajio 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 12,260.00 15,126.00 17,415.00 16,180.00 20,736.00

Banco del Bajio Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18,857.00 16,806.00 19,561.00 20,736.00 23,518.00

Banco del Bajio 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.


Banco del Bajio  (MEX:BBAJIOO) 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.


Banco del Bajio (MEX:BBAJIOO) Business Description

Traded in Other Exchanges
Address
Avenida Manuel J. Clouthier No. 402, Col. Jardines del Campestre, León, MEX, 37128
Banco del Bajio SA is a Mexico based company engaged in the provision of full-banking services. Its activities include receiving deposits, accepting loans, granting loans, operations with securities, trust agreements, and financial factoring and leasing operations. The business segments of the company are Banking and credit transactions, Rediscounted transactions, Treasury transactions and other segments. It derives a majority of the revenue from the Banking and credit transactions activities segment. The bank operates majorly in Mexico.

Banco del Bajio (MEX:BBAJIOO) Headlines

No Headlines