Security Bank (PHS:SECB) Retained Earnings: ₱115,959 Mil (As of Mar. 2026)


PHS:SECB Security Bank Corp PHS:SECB
86 GF Score
Price ₱65.50
GF Value ₱100.90
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Security Bank Retained Earnings?

Security Bank PHS:SECB 86 Retained Earnings is ₱115,959 Mil as of Mar. 2026. GuruFocus rates PHS:SECB with a GF Score™ of 86/100 and a GF Value™ of ₱100.90 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Security Bank's retained earnings for the quarter that ended in Mar. 2026 was ₱115,959 Mil.

Security Bank's quarterly retained earnings increased from Sep. 2025 (₱112,078 Mil) to Dec. 2025 (₱113,261 Mil) and increased from Dec. 2025 (₱113,261 Mil) to Mar. 2026 (₱115,959 Mil).

Security Bank's annual retained earnings increased from Dec. 2023 (₱95,555 Mil) to Dec. 2024 (₱104,156 Mil) and increased from Dec. 2024 (₱104,156 Mil) to Dec. 2025 (₱113,261 Mil).


Security Bank  (PHS:SECB) 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.


Security Bank Retained Earnings Historical Data

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The historical data trend for Security Bank'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.

Security Bank Retained Earnings Chart

Security Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80,852.47 89,004.62 95,555.34 104,155.85 113,260.94

Security Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 105,841.00 108,866.96 112,078.26 113,260.94 115,959.45
PHS:SECB
86GF Score
Security Bank Corp PHS:SECB
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Security Bank 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₱115,959 Mil mean?
Security Bank (PHS:SECB) has a Retained Earnings of ₱115,959 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Security Bank and its competitors.
Is Security Bank's Retained Earnings too high?
Security Bank's current Retained Earnings is ₱115,959 Mil. Overall, Security Bank has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Security Bank's Retained Earnings compare to competitors?
Security Bank's Retained Earnings of ₱115,959 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Banks company?
A good Retained Earnings depends on the Banks industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Security Bank and its competitors. Security Bank's current Retained Earnings is ₱115,959 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Security Bank stock overvalued right now?
Based on GuruFocus' analysis, Security Bank (PHS:SECB) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱100.90, compared to a current price of ₱65.50 — trading 35.1% below its estimated fair value. The current Retained Earnings is ₱115,959 Mil. Security Bank's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Security Bank (PHS:SECB), the current Retained Earnings is ₱115,959 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Security Bank (PHS:SECB) Overvalued in 2026?

Based on GuruFocus' analysis, Security Bank stock appears to be undervalued. The current stock price of ₱65.50 is trading 35.1% below its estimated GF Value™ of ₱100.90. GuruFocus considers Security Bank to be Significantly Undervalued.

Key valuation signals for PHS:SECB:

  • Retained Earnings: ₱115,959 Mil
  • GF Value™: ₱100.90 vs. price of ₱65.50 (35.1% below fair value)
  • GF Score™: 86/100 with 1 warning sign

No single metric tells the full story. See the PHS:SECB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Security Bank Business Description

Other Exchanges SYBJF:USA
Address 6776 Ayala Avenue, Security Bank Centre, Makati City, PHL, 0719
Security Bank Corp is engaged in banking. It operates in four segments: the Financial Markets Segment focuses on providing the money market, foreign exchange, financial derivatives, securities distribution, asset management, trust, and fiduciary services; the Wholesale Banking Segment addresses the corporate, institutional, and public sector markets and commercial clients. Services include relationship management, lending and other credit facilities, trade, cash management, deposit-taking, and leasing services; the Retail Banking Segment addresses individual, retail, and small businesses; the Business Banking segment covers deposit-taking and servicing, consumer loans, credit card facilities, and bancassurance; and All Other Segments include other support services.
86GF Score

Get the complete analysis for PHS:SECB

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱65.50
Price
₱100.90
GF Value