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Mandatum (OHEL:MANTA) Retained Earnings : €1,200.5 Mil (As of Mar. 2024)


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What is Mandatum Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mandatum's retained earnings for the quarter that ended in Mar. 2024 was €1,200.5 Mil.

Mandatum's quarterly retained earnings increased from Mar. 2023 (€0.0 Mil) to Dec. 2023 (€1,162.6 Mil) and increased from Dec. 2023 (€1,162.6 Mil) to Mar. 2024 (€1,200.5 Mil).

Mandatum's annual retained earnings increased from Dec. 2021 (€581.9 Mil) to Dec. 2022 (€973.5 Mil) and increased from Dec. 2022 (€973.5 Mil) to Dec. 2023 (€1,162.6 Mil).


Mandatum Retained Earnings Historical Data

The historical data trend for Mandatum'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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Mandatum Retained Earnings Chart

Mandatum Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
581.90 973.50 1,162.60

Mandatum Quarterly Data
Dec22 Mar23 Dec23 Mar24
Retained Earnings 973.50 - 1,162.60 1,200.50

Mandatum 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.


Mandatum  (OHEL:MANTA) 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.


Mandatum (OHEL:MANTA) Business Description

Traded in Other Exchanges
Address
Bulevardi 56, Helsinki, FIN, 00120
Website
Mandatum PLC is a financial services provider offering a wide array of services covering asset and wealth management, savings and investment, compensation and rewards, complimentary pension plans and personal risk insurance to corporates, retail customers as well as institutional and wealth management customers. Mandatum serves a network of 20,000 Finnish corporates through its highly skilled sales force and customer relationship personnel, which gives opportunity to cross sell products from its broad offering.

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