MCB Group (XMAU:MCBG) Retained Earnings : MUR88,762 Mil (As of Dec. 2024)

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What is MCB Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MCB Group's retained earnings for the quarter that ended in Dec. 2024 was MUR88,762 Mil.

MCB Group's quarterly retained earnings increased from Jun. 2024 (MUR82,170 Mil) to Sep. 2024 (MUR83,603 Mil) and increased from Sep. 2024 (MUR83,603 Mil) to Dec. 2024 (MUR88,762 Mil).

MCB Group's annual retained earnings increased from Jun. 2022 (MUR61,612 Mil) to Jun. 2023 (MUR71,323 Mil) and increased from Jun. 2023 (MUR71,323 Mil) to Jun. 2024 (MUR82,170 Mil).

MCB Group Retained Earnings Historical Data

The historical data trend for MCB Group'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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MCB Group Retained Earnings Chart

MCB Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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50,460.00

57,746.00

61,612.00

71,323.00

82,170.00

MCB Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial															76,217.00	80,754.00	82,170.00	83,603.00	88,762.00

MCB Group 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.

MCB Group (XMAU:MCBG) 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.

MCB Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MCB Group Ltd (XMAU:MCBG) » Definitions » Retained Earnings

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MCBG.P0000.PFD:Mauritius

Address

9-15, Sir William Newton Street, Port Louis, MUS

Website

https://www.mcbgroup.com

MCB Group Ltd is an integrated financial services provider based in Mauritius. Its core business is to provide banking and non-banking solutions through its local and foreign subsidiaries and associates. The company serves its customer by providing saving and fixed deposit schemes, loans, advances, insurance, credit facilities for the day-to-day needs of various customer segments, including high net worth clients. It also focuses on catering to customers across the globe by providing international financial services to gain foreign source income. The company's operating segment include Banking; Non-Banking Financial and Other Investments. It generates maximum revenue from the Banking segment.

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