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East West Banking (PHS:EW) Retained Earnings : ₱42,147 Mil (As of Mar. 2024)


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What is East West Banking Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. East West Banking's retained earnings for the quarter that ended in Mar. 2024 was ₱42,147 Mil.

East West Banking's quarterly retained earnings increased from Sep. 2023 (₱39,238 Mil) to Dec. 2023 (₱40,447 Mil) and increased from Dec. 2023 (₱40,447 Mil) to Mar. 2024 (₱42,147 Mil).

East West Banking's annual retained earnings increased from Dec. 2021 (₱31,586 Mil) to Dec. 2022 (₱35,299 Mil) and increased from Dec. 2022 (₱35,299 Mil) to Dec. 2023 (₱40,447 Mil).


East West Banking Retained Earnings Historical Data

The historical data trend for East West Banking'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.

East West Banking Retained Earnings Chart

East West Banking 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 20,580.71 27,080.61 31,585.67 35,298.88 40,447.01

East West Banking 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 36,877.07 37,678.45 39,237.63 40,447.01 42,147.33

East West Banking 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.


East West Banking  (PHS:EW) 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.


East West Banking (PHS:EW) Business Description

Traded in Other Exchanges
N/A
Address
5th Avenue Corner, 23rd Street, The Beaufort, Fort Bonifacio Global City, Taguig, PHL, 1634
East West Banking Corporation is a commercial bank providing financial services in the Philippines. The bank generates all revenue domestically. The bank operates through four segments: The retail banking segment offers traditional branch banking products and services such as deposits, back-to-back/emerging market loans, and other over-the-counter (OTC) transactions, The corporate banking segment handles lending and trade financing for both large corporations and middle-market clients, The consumer banking segment caters to loans for individuals, and Treasury and Trust segment consists of Treasury and Trust operations of the Group. The company derives the majority of its revenue from the consumer banking segment.