CAL Bank (XGHA:CAL) Retained Earnings : GHS-1,159.1 Mil (As of Dec. 2023)

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What is CAL Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CAL Bank's retained earnings for the quarter that ended in Dec. 2023 was GHS-1,159.1 Mil.

CAL Bank's quarterly retained earnings increased from Dec. 2022 (GHS-488.0 Mil) to Jun. 2023 (GHS-407.6 Mil) but then declined from Jun. 2023 (GHS-407.6 Mil) to Dec. 2023 (GHS-1,159.1 Mil).

CAL Bank's annual retained earnings declined from Dec. 2021 (GHS390.7 Mil) to Dec. 2022 (GHS-488.0 Mil) and declined from Dec. 2022 (GHS-488.0 Mil) to Dec. 2023 (GHS-1,159.1 Mil).

CAL Bank Retained Earnings Historical Data

The historical data trend for CAL 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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CAL Bank Retained Earnings Chart

CAL Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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189.47

248.70

390.70

-488.05

-1,159.11

CAL Bank Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial															390.70	407.47	-488.05	-407.60	-1,159.11

CAL 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.

CAL Bank (XGHA:CAL) 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.

CAL Bank (XGHA:CAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CAL Bank Ltd (XGHA:CAL) » Definitions » Retained Earnings

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Address

23 Independence Avenue, P.O. Box 14596, Accra, GHA

Website

https://www.calbank.net

CAL Bank Ltd is engaged in providing banking solutions. Its reportable segments are Corporate Banking, Retail & Business Banking, Treasury, Brokerage, & Asset Management. Corporate Banking is responsible for providing loans & other credit facilities, deposits & other transactions & balances to corporate clients, institutional clients, & public sector entities. The Treasury segment undertakes the Bank's funding & centralized risk management activities through borrowings & investing in liquid assets. The Retail & Business Banking segment provides loans & overdrafts, & handles the deposits & other transactions of SMEs, & individual customers such as funds transfer, standing orders, and ATM Card services. The majority is from Retail & business banking. The key revenue is from Greater Accra.