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Export Development Bank of Egypt (CAI:EXPA) Retained Earnings : E£3,301 Mil (As of Mar. 2024)


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What is Export Development Bank of Egypt Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Export Development Bank of Egypt's retained earnings for the quarter that ended in Mar. 2024 was E£3,301 Mil.

Export Development Bank of Egypt's quarterly retained earnings increased from Sep. 2023 (E£4,103 Mil) to Dec. 2023 (E£5,194 Mil) but then declined from Dec. 2023 (E£5,194 Mil) to Mar. 2024 (E£3,301 Mil).

Export Development Bank of Egypt's annual retained earnings increased from Jun. 2021 (E£2,140 Mil) to Dec. 2022 (E£3,066 Mil) and increased from Dec. 2022 (E£3,066 Mil) to Dec. 2023 (E£5,194 Mil).


Export Development Bank of Egypt Retained Earnings Historical Data

The historical data trend for Export Development Bank of Egypt'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.

Export Development Bank of Egypt Retained Earnings Chart

Export Development Bank of Egypt Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,874.47 2,374.15 2,140.14 3,065.51 5,193.70

Export Development Bank of Egypt Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,290.33 2,978.29 4,102.83 5,193.70 3,300.85

Export Development Bank of Egypt 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.


Export Development Bank of Egypt  (CAI:EXPA) 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.


Export Development Bank of Egypt (CAI:EXPA) Business Description

Traded in Other Exchanges
N/A
Address
78, South Teseen, New Cairo, EGY
Export Development Bank of Egypt provides various banking services to its customers in Egypt. Its objective is to develop Egyptian export activities and develop agricultural, industrial, commercial, and service exporting sectors, and it also provides all investment banking services in local and foreign currencies. The main business is Corporate Banking and Loan Syndication Activities. The geographical segments are Cairo; Alex, Delta, and Sinai; and Upper Egypt.

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