SWDBY (Swedbank AB) Retained Earnings : $15,901 Mil (As of Sep. 2024)

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What is Swedbank AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Swedbank AB's retained earnings for the quarter that ended in Sep. 2024 was $15,901 Mil.

Swedbank AB's quarterly retained earnings increased from Mar. 2024 ($13,969 Mil) to Jun. 2024 ($14,621 Mil) and increased from Jun. 2024 ($14,621 Mil) to Sep. 2024 ($15,901 Mil).

Swedbank AB's annual retained earnings declined from Dec. 2021 ($8,981 Mil) to Dec. 2022 ($8,949 Mil) but then increased from Dec. 2022 ($8,949 Mil) to Dec. 2023 ($11,138 Mil).

Swedbank AB Retained Earnings Historical Data

The historical data trend for Swedbank AB'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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Swedbank AB Retained Earnings Chart

Swedbank AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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6,704.55

9,556.39

8,981.03

8,948.55

11,137.99

Swedbank AB 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															13,192.12	11,137.99	13,968.77	14,620.77	15,901.46

Swedbank AB 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.

Swedbank AB (OTCPK:SWDBY) 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.

Swedbank AB Business Description

Industry

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SWDBF:USA SWED A:Sweden 0H6T:UK SWEDAs:UK FRYA:Germany

Address

Landsvagen 40, Sundbyberg, Stockholm, SWE, 172 63

Website

https://www.swedbank.com

Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.