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Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Retained Earnings : $6,151 Mil (As of Jun. 2023)


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What is Mizrahi Tefahot Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mizrahi Tefahot Bank's retained earnings for the quarter that ended in Jun. 2023 was $6,151 Mil.

Mizrahi Tefahot Bank's quarterly retained earnings increased from Dec. 2022 ($5,601 Mil) to Mar. 2023 ($5,883 Mil) and increased from Mar. 2023 ($5,883 Mil) to Jun. 2023 ($6,151 Mil).

Mizrahi Tefahot Bank's annual retained earnings increased from Dec. 2021 ($4,741 Mil) to Dec. 2022 ($5,601 Mil) and increased from Dec. 2022 ($5,601 Mil) to Dec. 2023 ($6,555 Mil).


Mizrahi Tefahot Bank Retained Earnings Historical Data

The historical data trend for Mizrahi Tefahot 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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Mizrahi Tefahot Bank Retained Earnings Chart

Mizrahi Tefahot Bank 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 3,809.74 4,212.04 4,740.85 5,601.24 6,554.83

Mizrahi Tefahot Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 5,402.40 5,601.24 5,883.25 6,150.91 6,554.83

Mizrahi Tefahot 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.


Mizrahi Tefahot Bank  (OTCPK:MZTFF) 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.


Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Business Description

Traded in Other Exchanges
Address
7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007
Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.

Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Headlines

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