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Standard Chartered Bank Kenya (NAI:SCBK) Retained Earnings : KES53,564 Mil (As of Sep. 2024)


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What is Standard Chartered Bank Kenya Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Standard Chartered Bank Kenya's retained earnings for the quarter that ended in Sep. 2024 was KES53,564 Mil.

Standard Chartered Bank Kenya's quarterly retained earnings increased from Mar. 2024 (KES46,437 Mil) to Jun. 2024 (KES47,998 Mil) and increased from Jun. 2024 (KES47,998 Mil) to Sep. 2024 (KES53,564 Mil).

Standard Chartered Bank Kenya's annual retained earnings increased from Dec. 2021 (KES33,301 Mil) to Dec. 2022 (KES35,843 Mil) and increased from Dec. 2022 (KES35,843 Mil) to Dec. 2023 (KES40,819 Mil).


Standard Chartered Bank Kenya Retained Earnings Historical Data

The historical data trend for Standard Chartered Bank Kenya'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.

Standard Chartered Bank Kenya Retained Earnings Chart

Standard Chartered Bank Kenya 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 27,691.00 31,880.20 33,301.03 35,842.76 40,818.65

Standard Chartered Bank Kenya Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 43,613.68 40,818.65 46,436.98 47,998.19 53,564.44

Standard Chartered Bank Kenya 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.


Standard Chartered Bank Kenya  (NAI:SCBK) 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.


Standard Chartered Bank Kenya Business Description

Traded in Other Exchanges
N/A
Address
Number 48 Westlands Road, P.O. Box 30003, Nairobi, KEN, 00100
Standard Chartered Bank Kenya Ltd offers a variety of local and foreign currency banking solutions to meet its clients, transactional, borrowing and investment needs. It has a diversified portfolio cutting across select sectors that include business services, manufacturing, wholesale and retail trade, transport and communication, real estate, agriculture, energy and water. The company's target segments are mainly corporate clients, government and government agencies, commercial clients and retail clients.

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