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Saudi British Bank (SAU:1060) Retained Earnings : ﷼11,485 Mil (As of Sep. 2024)


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What is Saudi British Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Saudi British Bank's retained earnings for the quarter that ended in Sep. 2024 was ﷼11,485 Mil.

Saudi British Bank's quarterly retained earnings increased from Mar. 2024 (﷼9,660 Mil) to Jun. 2024 (﷼11,769 Mil) but then declined from Jun. 2024 (﷼11,769 Mil) to Sep. 2024 (﷼11,485 Mil).

Saudi British Bank's annual retained earnings increased from Dec. 2021 (﷼3,335 Mil) to Dec. 2022 (﷼6,198 Mil) and increased from Dec. 2022 (﷼6,198 Mil) to Dec. 2023 (﷼9,708 Mil).


Saudi British Bank Retained Earnings Historical Data

The historical data trend for Saudi British 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.

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Saudi British Bank Retained Earnings Chart

Saudi British Bank 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 4,901.00 711.06 3,335.50 6,198.23 9,708.13

Saudi British Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7,867.46 9,708.13 9,660.32 11,769.45 11,485.40

Saudi British 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.


Saudi British Bank  (SAU:1060) 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.


Saudi British Bank Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 9084, Riyadh, SAU, 11413
Saudi British Bank provides integrated banking products and services to both retail and corporate sectors in Saudi Arabia. The company's banking services include Personal, Commercial, Corporate, Private, and Islamic Banking, Investment, Treasury and Trade Services, and Credit and ATM Cards. It operates in five business segments: Wealth and Personal Banking; Corporate and Institutional Banking; Treasury; Capital Markets and Others, The company generates a majority of its revenue from the Corporate and Institutional Banking segment.

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