GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Plains Acquisition Corp (OTCPK:PLQC) » Definitions » Retained Earnings

Plains Acquisition (Plains Acquisition) Retained Earnings : $0.00 Mil (As of . 20)


View and export this data going back to 2022. Start your Free Trial

What is Plains Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Plains Acquisition's retained earnings for the quarter that ended in . 20 was $0.00 Mil.


Plains Acquisition Retained Earnings Historical Data

The historical data trend for Plains Acquisition'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.

Plains Acquisition Retained Earnings Chart

Plains Acquisition Annual Data
Trend
Retained Earnings

Plains Acquisition Semi-Annual Data
Retained Earnings

Plains Acquisition 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.


Plains Acquisition  (OTCPK:PLQC) 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.


Plains Acquisition (Plains Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
19404 Kenswick Drive, Humble, TX, USA, 77338
Plains Acquisition Corp is a United States-based bank holding company. It offers a full range of banking services. It provides loans to small and medium-sized businesses and individuals in its market area. The Bank operates full-service branch locations in Humble, Houston, Plains, Sugar Land, and Conroe, Texas, and limited-service branches or loan production offices in Houston and San Antonio, Texas.

Plains Acquisition (Plains Acquisition) Headlines