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Nordea Bank Abp (OCSE:NDA DK) Retained Earnings : kr190,934 Mil (As of Mar. 2024)


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What is Nordea Bank Abp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nordea Bank Abp's retained earnings for the quarter that ended in Mar. 2024 was kr190,934 Mil.

Nordea Bank Abp's quarterly retained earnings increased from Sep. 2023 (kr200,399 Mil) to Dec. 2023 (kr206,512 Mil) but then declined from Dec. 2023 (kr206,512 Mil) to Mar. 2024 (kr190,934 Mil).

Nordea Bank Abp's annual retained earnings declined from Dec. 2021 (kr218,660 Mil) to Dec. 2022 (kr200,324 Mil) but then increased from Dec. 2022 (kr200,324 Mil) to Dec. 2023 (kr206,512 Mil).


Nordea Bank Abp Retained Earnings Historical Data

The historical data trend for Nordea Bank Abp'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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Nordea Bank Abp Retained Earnings Chart

Nordea Bank Abp 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 206,706.77 222,721.08 218,660.23 200,323.76 206,512.33

Nordea Bank Abp 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 183,734.59 192,204.74 200,398.59 206,512.33 190,933.59

Nordea Bank Abp 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.


Nordea Bank Abp  (OCSE:NDA DK) 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.


Nordea Bank Abp (OCSE:NDA DK) Business Description

Address
Hamnbanegatan 5, Helsinki, FIN, FI-00020
Nordea is a universal Nordic bank which generates most of its income through vanilla lending products such as mortgages, household loans and corporate loans. The bank is also a leading equity and debt underwriter and issuer specialized in the Nordics, generating roughly one tenth of the group's income. Nordea also offers life and pension, savings and asset management, as well as private banking services to high-net-worth individuals. It operates primarily in Sweden, Denmark, Finland, and Norway.

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