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Commonwealth Bank of Australia (Commonwealth Bank of Australia) Retained Earnings : $27,204 Mil (As of Dec. 2023)


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What is Commonwealth Bank of Australia Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Commonwealth Bank of Australia's retained earnings for the quarter that ended in Dec. 2023 was $27,204 Mil.

Commonwealth Bank of Australia's quarterly retained earnings increased from Dec. 2022 ($25,900 Mil) to Jun. 2023 ($26,709 Mil) and increased from Jun. 2023 ($26,709 Mil) to Dec. 2023 ($27,204 Mil).

Commonwealth Bank of Australia's annual retained earnings declined from Jun. 2021 ($28,298 Mil) to Jun. 2022 ($25,879 Mil) but then increased from Jun. 2022 ($25,879 Mil) to Jun. 2023 ($26,709 Mil).


Commonwealth Bank of Australia Retained Earnings Historical Data

The historical data trend for Commonwealth Bank of Australia'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.

Commonwealth Bank of Australia Retained Earnings Chart

Commonwealth Bank of Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,779.17 21,487.92 28,298.17 25,879.13 26,709.40

Commonwealth Bank of Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 24,936.34 25,879.13 25,900.14 26,709.40 27,204.15

Commonwealth Bank of Australia 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.


Commonwealth Bank of Australia  (OTCPK:CMWAY) 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.


Commonwealth Bank of Australia (Commonwealth Bank of Australia) Business Description

Address
11 Harbour Street, Commonwealth Bank Place South, Level 1, Sydney, NSW, AUS, 2000
Commonwealth Bank is Australia's largest bank with operations spanning Australia, New Zealand, and Asia. Its core business is the provision of retail, business, and institutional banking services. The bank has emphasized its focus on banking in recent years with a numbers of asset divestments in wealth management and insurance.

Commonwealth Bank of Australia (Commonwealth Bank of Australia) Headlines

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