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CIBC Caribbean Bank (Bahamas) (TRN:FCI) Retained Earnings : TTD395 Mil (As of Apr. 2020)


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What is CIBC Caribbean Bank (Bahamas) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CIBC Caribbean Bank (Bahamas)'s retained earnings for the quarter that ended in Apr. 2020 was TTD395 Mil.

CIBC Caribbean Bank (Bahamas)'s quarterly retained earnings increased from Oct. 2019 (TTD1,524 Mil) to Jan. 2020 (TTD1,578 Mil) but then declined from Jan. 2020 (TTD1,578 Mil) to Apr. 2020 (TTD395 Mil).

CIBC Caribbean Bank (Bahamas)'s annual retained earnings declined from Oct. 2017 (TTD3,025 Mil) to Oct. 2018 (TTD1,176 Mil) but then increased from Oct. 2018 (TTD1,176 Mil) to Oct. 2019 (TTD1,524 Mil).


CIBC Caribbean Bank (Bahamas) Retained Earnings Historical Data

The historical data trend for CIBC Caribbean Bank (Bahamas)'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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CIBC Caribbean Bank (Bahamas) Retained Earnings Chart

CIBC Caribbean Bank (Bahamas) Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 2,953.59 2,697.12 3,025.45 1,175.64 1,523.79

CIBC Caribbean Bank (Bahamas) Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
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 1,335.27 1,353.90 1,523.79 1,578.47 394.80

CIBC Caribbean Bank (Bahamas) 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.


CIBC Caribbean Bank (Bahamas)  (TRN:FCI) 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.


CIBC Caribbean Bank (Bahamas) Business Description

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Address
Warrens, St. Michael, P.O. Box 503, Michael, BRB
FirstCaribbean International Bank Ltd banking services to individual and business clients. The company operates through four segments namely Retail and Business Banking, Corporate and Investment Banking, Wealth Management and Administration. The geographic markets in which the group operates are Barbados, The Bahamas, British Virgin Islands, The Cayman Islands and Turks and Caicos Islands, and The Eastern Caribbean Islands.

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