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Lien Viet Post Joint Stock Commercial Bank (STC:LPB) Retained Earnings : ₫7,143,804 Mil (As of Mar. 2024)


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What is Lien Viet Post Joint Stock Commercial Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lien Viet Post Joint Stock Commercial Bank's retained earnings for the quarter that ended in Mar. 2024 was ₫7,143,804 Mil.

Lien Viet Post Joint Stock Commercial Bank's quarterly retained earnings increased from Sep. 2023 (₫3,053,130 Mil) to Dec. 2023 (₫4,845,143 Mil) and increased from Dec. 2023 (₫4,845,143 Mil) to Mar. 2024 (₫7,143,804 Mil).

Lien Viet Post Joint Stock Commercial Bank's annual retained earnings increased from Dec. 2021 (₫2,582,255 Mil) to Dec. 2022 (₫3,903,844 Mil) and increased from Dec. 2022 (₫3,903,844 Mil) to Dec. 2023 (₫4,845,143 Mil).


Lien Viet Post Joint Stock Commercial Bank Retained Earnings Historical Data

The historical data trend for Lien Viet Post Joint Stock Commercial 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.

* Premium members only.

Lien Viet Post Joint Stock Commercial Bank Retained Earnings Chart

Lien Viet Post Joint Stock Commercial Bank Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 2,161,641.00 1,732,607.00 2,582,255.00 3,903,844.00 4,845,143.00

Lien Viet Post Joint Stock Commercial Bank 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 5,147,160.00 5,345,390.00 3,053,130.00 4,845,143.00 7,143,804.00

Lien Viet Post Joint Stock Commercial 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.


Lien Viet Post Joint Stock Commercial Bank  (STC:LPB) 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.


Lien Viet Post Joint Stock Commercial Bank (STC:LPB) Business Description

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Address
Tran Quang Khai, Lienvietpostbank Building, No. 210, Hoan Kiem District, Hanoi, VNM
Lien Viet Post Joint Stock Commercial Bank is a provider of banking services. The company's products and services include VIVIET E-WALLET, Agricultural Financing program, SMEFP III - Low interest loans, Preferential loans for corporates, Agricultural development loan, Postal Transaction Office Banking, Personal Banking, and Corporate banking.

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