Sanima Bank (XNEP:SANIMA) Retained Earnings : NPR1,833 Mil (As of Oct. 2024)

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What is Sanima Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sanima Bank's retained earnings for the quarter that ended in Oct. 2024 was NPR1,833 Mil.

Sanima Bank's quarterly retained earnings increased from Apr. 2024 (NPR829 Mil) to Jul. 2024 (NPR1,536 Mil) and increased from Jul. 2024 (NPR1,536 Mil) to Oct. 2024 (NPR1,833 Mil).

Sanima Bank's annual retained earnings increased from Jul. 2022 (NPR1,325 Mil) to Jul. 2023 (NPR2,306 Mil) but then declined from Jul. 2023 (NPR2,306 Mil) to Jul. 2024 (NPR1,536 Mil).

Sanima Bank Retained Earnings Historical Data

The historical data trend for Sanima 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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Sanima Bank Retained Earnings Chart

Sanima Bank Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Retained Earnings

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1,218.22

1,833.15

1,325.01

2,305.61

1,535.96

Sanima Bank Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Retained Earnings	Get a 7-Day Free Trial															2,177.85	721.61	828.99	1,535.96	1,832.80

Sanima 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.

Sanima Bank (XNEP:SANIMA) 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.

Sanima Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sanima Bank Ltd (XNEP:SANIMA) » Definitions » Retained Earnings

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Address

Alakapuri Building, Naxal, G.P.O. Box: 20394, Kathmandu, NPL

Website

https://www.sanimabank.com

Sanima Bank Ltd is a registered bank operating in Nepal. It offers various banking and related services to individuals and corporate customers. The company provides retail and commercial banking products such as savings, current accounts, deposits, fixed deposits, staff salary account and remittance saving account. It also offers credit facilities to individuals including home loan, education loan, auto loan, overdraft, agro equipment loan, personal loan, gold loan as well as it provides microenterprises loan, project financing, corporate loan, term loan, small-medium enterprise (SME) loan and commercial vehicle loan to corporates. In addition, it provides trade finance, online banking, mobile banking, priority banking, and others. Most of the company's revenue comes from Nepal.

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