Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zuger Kantonalbank AG's retained earnings for the quarter that ended in Jun. 2026 was CHF71.4 Mil.
Zuger Kantonalbank AG's quarterly retained earnings
increased
from Jun. 2025 (CHF70.9 Mil) to Dec. 2025 (CHF131.1 Mil) but then
declined
from Dec. 2025 (CHF131.1 Mil) to Jun. 2026 (CHF71.4 Mil).
Zuger Kantonalbank AG's annual retained earnings
declined
from Dec. 2023 (CHF124.8 Mil) to Dec. 2024 (CHF122.4 Mil) but then
increased
from Dec. 2024 (CHF122.4 Mil) to Dec. 2025 (CHF131.1 Mil).
Zuger Kantonalbank AG (XSWX:ZUGER) 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.
Zuger Kantonalbank AG Retained Earnings Historical Data
* Premium members only.
The historical data trend for Zuger Kantonalbank AG'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.
Zuger Kantonalbank AG 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.
What does a Retained Earnings of CHF71.4 Mil mean?
Zuger Kantonalbank AG (XSWX:ZUGER) has a Retained Earnings of CHF71.4 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Zuger Kantonalbank AG and its competitors.
Is Zuger Kantonalbank AG's Retained Earnings too high?
Zuger Kantonalbank AG's current Retained Earnings is CHF71.4 Mil. Overall, Zuger Kantonalbank AG has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zuger Kantonalbank AG's Retained Earnings compare to competitors?
Zuger Kantonalbank AG's Retained Earnings of CHF71.4 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Banks company?
A good Retained Earnings depends on the Banks industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Zuger Kantonalbank AG and its competitors. Zuger Kantonalbank AG's current Retained Earnings is CHF71.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zuger Kantonalbank AG stock overvalued right now?
Based on GuruFocus' analysis, Zuger Kantonalbank AG (XSWX:ZUGER) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF8,870.55, compared to a current price of CHF10,450.00 — trading 17.8% above its estimated fair value. The current Retained Earnings is CHF71.4 Mil. Zuger Kantonalbank AG's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Zuger Kantonalbank AG (XSWX:ZUGER), the current Retained Earnings is CHF71.4 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zuger Kantonalbank AG (XSWX:ZUGER) Overvalued in 2026?
Based on GuruFocus' analysis, Zuger Kantonalbank AG stock appears to be overvalued.
The current stock price of CHF10,450.00 is trading 17.8% above its estimated GF Value™ of CHF8,870.55.
GuruFocus considers Zuger Kantonalbank AG to be Modestly Overvalued.
Key valuation signals for XSWX:ZUGER:
Retained Earnings: CHF71.4 Mil
GF Value™: CHF8,870.55 vs. price of CHF10,450.00 (17.8% above fair value)
No single metric tells the full story. See the XSWX:ZUGER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zuger Kantonalbank AG is a cantonal, universal Swiss bank. The canton of Zug is the majority shareholder with just over half of the outstanding shares. The cantonal government also guarantees state protection of funds deposited with the bank. The bank's operations include retail banking, private banking, and corporate banking. Most of its products and services cater to residents in the canton of Zug. Products and offerings include traditional banking services, home financing, financial planning, asset management, corporate and real estate financing, pension planning, and succession planning. Most of the bank's net revenue consists of net interest income derived from mortgages.
65GF Score
Get the complete analysis for XSWX:ZUGER
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:ZUGER has been successfully added to your 
