GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Uralsib PJSC (MIC:USBN) » Definitions » Retained Earnings

Bank Uralsib PJSC (MIC:USBN) Retained Earnings : ₽63,243 Mil (As of Jun. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Bank Uralsib PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank Uralsib PJSC's retained earnings for the quarter that ended in Jun. 2023 was ₽63,243 Mil.

Bank Uralsib PJSC's quarterly retained earnings increased from Sep. 2021 (₽51,274 Mil) to Dec. 2021 (₽53,604 Mil) and increased from Dec. 2021 (₽53,604 Mil) to Jun. 2023 (₽63,243 Mil).

Bank Uralsib PJSC's annual retained earnings increased from Dec. 2019 (₽39,570 Mil) to Dec. 2020 (₽41,847 Mil) and increased from Dec. 2020 (₽41,847 Mil) to Dec. 2021 (₽53,604 Mil).


Bank Uralsib PJSC Retained Earnings Historical Data

The historical data trend for Bank Uralsib PJSC'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.

Bank Uralsib PJSC Retained Earnings Chart

Bank Uralsib PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21,182.93 26,742.54 39,570.44 41,846.88 53,604.02

Bank Uralsib PJSC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun23
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 45,272.47 49,927.22 51,274.08 53,604.02 63,243.27

Bank Uralsib PJSC 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.


Bank Uralsib PJSC  (MIC:USBN) 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.


Bank Uralsib PJSC (MIC:USBN) Business Description

Traded in Other Exchanges
N/A
Address
ul. Efremova, 8, Moscow, RUS, 119048
Bank Uralsib PJSC operates in the Russian banking sector. Its operations span a wide range of financial services offered to corporate and private clients. The company's activities are segmented into the Retail, Corporate and Investment Banking divisions. Corporate and Retail customers benefit from services like current and demand deposits, credit cards, various types of loans and premium offerings. Most of the company's revenues are obtained in the form of interest income from the Private Banking segment. The Investment Banking division provides loans for real estate in the form of equipment financing and project finance services to help the development of new lines of businesses.

Bank Uralsib PJSC (MIC:USBN) Headlines

No Headlines