Shikoku Bank (TSE:8387) Retained Earnings : 円112,985 Mil (As of Sep. 2024)

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What is Shikoku Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Shikoku Bank's retained earnings for the quarter that ended in Sep. 2024 was 円112,985 Mil.

Shikoku Bank's quarterly retained earnings increased from Dec. 2023 (円107,974 Mil) to Mar. 2024 (円109,636 Mil) and increased from Mar. 2024 (円109,636 Mil) to Sep. 2024 (円112,985 Mil).

Shikoku Bank's annual retained earnings increased from Mar. 2022 (円99,997 Mil) to Mar. 2023 (円103,783 Mil) and increased from Mar. 2023 (円103,783 Mil) to Mar. 2024 (円109,636 Mil).

Shikoku Bank Retained Earnings Historical Data

The historical data trend for Shikoku 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.

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Shikoku Bank Retained Earnings Chart

Shikoku Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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87,811.00

93,369.00

99,997.00

103,783.00

109,636.00

Shikoku Bank Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Retained Earnings	Get a 7-Day Free Trial															104,891.00	107,130.00	107,974.00	109,636.00	112,985.00

Shikoku 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.

Shikoku Bank (TSE:8387) 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.

Shikoku Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Shikoku Bank Ltd (TSE:8387) » Definitions » Retained Earnings

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Address

1-1-1 Minami-Harimayacho, Kochi, JPN, 780-8605

Website

http://www.shikokubank.co.jp

Shikoku Bank Ltd Operates as a regional bank providing banking services to individual and corporate customers. The company offers banking services such as deposits, loans, and foreign exchange transactions. It also provides financial services such as leasing and letter of credit among others.

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