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Mission Bancorp (Mission Bancorp) Retained Earnings : $90.82 Mil (As of Sep. 2023)


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What is Mission Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mission Bancorp's retained earnings for the quarter that ended in Sep. 2023 was $90.82 Mil.

Mission Bancorp's quarterly retained earnings declined from Sep. 2007 ($9.39 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($90.82 Mil).

Mission Bancorp's annual retained earnings increased from Dec. 2004 ($1.90 Mil) to Dec. 2005 ($4.12 Mil) and increased from Dec. 2005 ($4.12 Mil) to Dec. 2006 ($7.28 Mil).


Mission Bancorp Retained Earnings Historical Data

The historical data trend for Mission Bancorp'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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Mission Bancorp Retained Earnings Chart

Mission Bancorp Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
Retained Earnings
0.58 1.13 1.90 4.12 7.28

Mission Bancorp Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Sep22 Sep23
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 8.02 8.85 9.39 - 90.82

Mission Bancorp 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.


Mission Bancorp  (OTCPK:MSBC) 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.


Mission Bancorp (Mission Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1301 17th Street, Bakersfield, CA, USA, 93301
Mission Bancorp through its wholly owned subsidiary Mission Bank is a single bank holding company. The company offers a full range of commercial banking services primarily to the business and professional community and individuals.