Bank of Iwate (TSE:8345) Retained Earnings : 円167,115 Mil (As of Dec. 2023)

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What is Bank of Iwate Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank of Iwate's retained earnings for the quarter that ended in Dec. 2023 was 円167,115 Mil.

Bank of Iwate's quarterly retained earnings increased from Jun. 2023 (円165,567 Mil) to Sep. 2023 (円167,097 Mil) and increased from Sep. 2023 (円167,097 Mil) to Dec. 2023 (円167,115 Mil).

Bank of Iwate's annual retained earnings increased from Mar. 2021 (円158,440 Mil) to Mar. 2022 (円161,506 Mil) and increased from Mar. 2022 (円161,506 Mil) to Mar. 2023 (円165,224 Mil).

Bank of Iwate Retained Earnings Historical Data

The historical data trend for Bank of Iwate'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 of Iwate Retained Earnings Chart

Bank of Iwate Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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154,162.00

156,688.00

158,440.00

161,506.00

165,224.00

Bank of Iwate Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															165,064.00	165,224.00	165,567.00	167,097.00	167,115.00

Bank of Iwate 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 of Iwate (TSE:8345) 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 of Iwate (TSE:8345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Iwate Ltd (TSE:8345) » Definitions » Retained Earnings

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Address

2-3, Chuodori 1-chome, Iwate, Morioka, JPN, 020-8688

Website

http://www.iwatebank.co.jp

The Bank of Iwate is headquartered in Japan and provides financial services both in Japan and internationally. The company derives the majority of revenue providing deposit and lending services to customers. Customers include individuals, companies and governments. In addition to deposit and lending services, the company invests and trades in securities. The Bank of Iwate focuses operations in Iwate, and the Iwate Prefecture of Japan is a shareholder. The company earns the majority of revenue domestically.

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