PFSB (PFS Bancorp) Retained Earnings : $25.59 Mil (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is PFS Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PFS Bancorp's retained earnings for the quarter that ended in Sep. 2024 was $25.59 Mil.

PFS Bancorp's quarterly retained earnings increased from Mar. 2024 ($25.07 Mil) to Jun. 2024 ($25.35 Mil) and increased from Jun. 2024 ($25.35 Mil) to Sep. 2024 ($25.59 Mil).

PFS Bancorp's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2022 ($23.83 Mil) and increased from Dec. 2022 ($23.83 Mil) to Dec. 2023 ($24.80 Mil).

PFS Bancorp Retained Earnings Historical Data

The historical data trend for PFS Bancorp'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.

PFS Bancorp Retained Earnings Chart

PFS Bancorp Annual Data

Trend

Dec22

Dec23

Retained Earnings

23.83

24.80

PFS Bancorp Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial				24.51	24.80	25.07	25.35	25.59

PFS Bancorp 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.

PFS Bancorp (OTCPK:PFSB) 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.

PFS Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PFS Bancorp Inc (OTCPK:PFSB) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

1730 Fourth Street, Peru, IL, USA, 61354

Website

https://www.perufederalsavings.com

PFS Bancorp Inc is a federal chartered mutual savings bank. The Bank is engaged in providing a full range of banking and financial services to individual and corporate customers in northern Illinois, LaSalle County, from its two facilities located in Peru, Illinois.

Executives

Jonathan F. Brandt	director, other: Vice Chairman of the Board	1730 FOURTH STREET, PERU IL 61354
Brady James J. Iv	director	1730 FOURTH STREET, PERU IL 61354
Cynthia L. Kurkowski	director	1730 FOURTH STREET, PERU IL 61354
Eric J. Heagy	director, officer: President/CEO/CFO/Treasurer	1730 FOURTH STREET, PERU IL 61354
Dale R. Tieman	director, officer: EVP/COO/Corporate Secretary	1730 FOURTH STREET, PERU IL 61354
Michael J. Rooney	director, other: Chairman of the Board	1730 FOURTH STREET, PERU IL 61354
Christopher J. Vaske	officer: SVP and CLO	1730 FOURTH STREET, PERU IL 61354

PFS Bancorp Headlines

No Headlines