Bank Albilad (SAU:1140) Retained Earnings : ﷼1,014 Mil (As of Mar. 2024)

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What is Bank Albilad Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank Albilad's retained earnings for the quarter that ended in Mar. 2024 was ﷼1,014 Mil.

Bank Albilad's quarterly retained earnings increased from Sep. 2023 (﷼3,355 Mil) to Dec. 2023 (﷼3,371 Mil) but then declined from Dec. 2023 (﷼3,371 Mil) to Mar. 2024 (﷼1,014 Mil).

Bank Albilad's annual retained earnings increased from Dec. 2021 (﷼522 Mil) to Dec. 2022 (﷼1,590 Mil) and increased from Dec. 2022 (﷼1,590 Mil) to Dec. 2023 (﷼3,371 Mil).

Bank Albilad Retained Earnings Historical Data

The historical data trend for Bank Albilad'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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Bank Albilad Retained Earnings Chart

Bank Albilad Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,118.89

1,755.95

522.06

1,589.93

3,371.43

Bank Albilad 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															2,121.56	2,720.64	3,355.02	3,371.43	1,013.90

Bank Albilad 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.

Bank Albilad (SAU:1140) 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.

Bank Albilad (SAU:1140) Business Description

Industry

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Traded in Other Exchanges

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Address

P.O. Box 140, Riyadh, SAU, 11411

Website

https://www.bankalbilad.com

Bank Albilad is a banking corporation conducting business mainly in the Kingdom of Saudi Arabia. It is divided into four operating segments: Retail banking provides services and products to individuals, including deposits, financing, remittances, and currency exchange, Corporate banking provides services and products to corporate customers including deposits, financing, and trade services, Treasury provides money market and treasury services and Investment banking and brokerage provides investment management services and asset management activities related to dealing, managing, arranging, advising and custody of securities. Key revenue is generated from the Retail banking segment.

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