Kvika Banki hf (OISE:KVIKA) Retained Earnings : kr28,672 Mil (As of Dec. 2024)

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What is Kvika Banki hf Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kvika Banki hf's retained earnings for the quarter that ended in Dec. 2024 was kr28,672 Mil.

Kvika Banki hf's quarterly retained earnings increased from Jun. 2024 (kr26,381 Mil) to Sep. 2024 (kr27,171 Mil) and increased from Sep. 2024 (kr27,171 Mil) to Dec. 2024 (kr28,672 Mil).

Kvika Banki hf's annual retained earnings increased from Dec. 2022 (kr24,560 Mil) to Dec. 2023 (kr25,172 Mil) and increased from Dec. 2023 (kr25,172 Mil) to Dec. 2024 (kr28,672 Mil).

Kvika Banki hf Retained Earnings Historical Data

The historical data trend for Kvika Banki hf'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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Kvika Banki hf Retained Earnings Chart

Kvika Banki hf Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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7,740.55

13,696.75

24,559.89

25,171.75

28,671.83

Kvika Banki hf Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															25,171.75	25,710.65	26,380.56	27,171.33	28,671.83

Kvika Banki hf 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.

Kvika Banki hf (OISE:KVIKA) 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.

Kvika Banki hf Business Description

Industry

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Address

Katrinartun 2, Reykjavik, ISL, 105

Website

https://www.kvika.is

Kvika Banki hf is an Iceland-based company engaged in providing financial services in the fields of lending, securities and currency trading, and corporate consulting. It offers businesses, investors, and individuals comprehensive investment banking and asset management services as well as selected banking services. The company's reportable segments are Commercial Banking, Corporate Banking and Capital Markets, Asset Management and UK operations. It derives a majority of its revenue from Corporate Banking and Capital Markets which offers a range of professional services in the fields of specialised financing, securities and foreign exchange transactions, and corporate finance services.

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