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Zb Financial Holdings (XZIM:ZBFH.ZW) Retained Earnings : ZWG15 Mil (As of Jun. 2024)


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What is Zb Financial Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zb Financial Holdings's retained earnings for the quarter that ended in Jun. 2024 was ZWG15 Mil.

Zb Financial Holdings's quarterly retained earnings declined from Jun. 2023 (ZWG51,698 Mil) to Dec. 2023 (ZWG51,460 Mil) and declined from Dec. 2023 (ZWG51,460 Mil) to Jun. 2024 (ZWG15 Mil).

Zb Financial Holdings's annual retained earnings increased from Dec. 2021 (ZWG2,073 Mil) to Dec. 2022 (ZWG18,792 Mil) and increased from Dec. 2022 (ZWG18,792 Mil) to Dec. 2023 (ZWG51,460 Mil).


Zb Financial Holdings Retained Earnings Historical Data

The historical data trend for Zb Financial Holdings'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.

* Premium members only.

Zb Financial Holdings Retained Earnings Chart

Zb Financial Holdings Annual Data
Trend Dec08 Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 213.00 481.70 2,073.46 18,791.59 51,460.22

Zb Financial Holdings Semi-Annual Data
Dec08 Dec09 Dec11 Jun12 Dec12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,642.34 18,791.59 51,697.98 51,460.22 14.97

Zb Financial Holdings 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.


Zb Financial Holdings  (XZIM:ZBFH.ZW) 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.


Zb Financial Holdings Business Description

Traded in Other Exchanges
N/A
Address
21 Natal Road, Avondale, Harare, ZWE
Zb Financial Holdings Ltd is a Zimbabwe-based investment holding company. Along with its subsidiaries, its business segments are Banking Operations, Insurance Operations, Investments cluster, and Other Strategic Investments. The banking segment derives the majority of the revenue for the group, which provides a wide range of financial services to customers through a wide network of branches and electronic delivery channels. Its core business is retail and commercial banking services. Its product range includes deposit, personal and corporate lending, asset finance, mortgage finance, treasury management, corporate advisory services, medium to long-term structured finance, share transfer and script management services, and a wide array of card-based facilities.

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