MBSB Bhd (XKLS:1171) Retained Earnings : RM1,955 Mil (As of Mar. 2024)

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What is MBSB Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MBSB Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM1,955 Mil.

MBSB Bhd's quarterly retained earnings increased from Sep. 2023 (RM1,614 Mil) to Dec. 2023 (RM1,877 Mil) and increased from Dec. 2023 (RM1,877 Mil) to Mar. 2024 (RM1,955 Mil).

MBSB Bhd's annual retained earnings increased from Dec. 2021 (RM1,642 Mil) to Dec. 2022 (RM2,102 Mil) but then declined from Dec. 2022 (RM2,102 Mil) to Dec. 2023 (RM1,877 Mil).

MBSB Bhd Retained Earnings Historical Data

The historical data trend for MBSB Bhd'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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MBSB Bhd Retained Earnings Chart

MBSB Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,484.49

1,558.25

1,642.30

2,102.49

1,876.87

MBSB Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															1,567.04	1,581.42	1,614.26	1,876.87	1,955.45

MBSB Bhd 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.

MBSB Bhd (XKLS:1171) 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.

MBSB Bhd (XKLS:1171) Business Description

Industry

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Address

Level 25, Menara MBSB Bank, Lot 12, Persiaran Barat, Seksyen 52, PJ Sentral, Petaling Jaya, SGR, MYS, 46200

Website

https://www.mbsb.com.my

Malaysia Building Society Bhd is a Malaysia-based banking company. The company operates through four major segments: Consumer Banking, which includes consumer financing such as property financing, personal financing and wealth management services with individual customers in Malaysia; Corporate Banking segment includes corporate financing, wholesale financing, contract financing and commercial property financing with business customers; Global Market segment incldues saving accounts, current accounts, term deposits, investment accounts, treasury activities including money market, sukuk, derivatives and trading of capital market securities; and Others.

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