Cardinal Financial (Cardinal Financial) Retained Earnings : $201.2 Mil (As of Dec. 2016)

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What is Cardinal Financial Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cardinal Financial's retained earnings for the quarter that ended in Dec. 2016 was $201.2 Mil.

Cardinal Financial's quarterly retained earnings increased from Jun. 2016 ($185.7 Mil) to Sep. 2016 ($194.3 Mil) and increased from Sep. 2016 ($194.3 Mil) to Dec. 2016 ($201.2 Mil).

Cardinal Financial's annual retained earnings increased from Dec. 2014 ($133.1 Mil) to Dec. 2015 ($166.3 Mil) and increased from Dec. 2015 ($166.3 Mil) to Dec. 2016 ($201.2 Mil).

Cardinal Financial Retained Earnings Historical Data

The historical data trend for Cardinal Financial'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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Cardinal Financial Retained Earnings Chart

Cardinal Financial Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Retained Earnings

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92.78

111.32

133.13

166.30

201.17

Cardinal Financial Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Retained Earnings	Get a 7-Day Free Trial															175.49	185.68	194.30	201.17	-

Cardinal Financial 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.

Cardinal Financial (NAS:CFNL) 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.

Cardinal Financial (Cardinal Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cardinal Financial Corp (NAS:CFNL) » Definitions » Retained Earnings

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Address

Website

http://www.cardinalbank.com

Cardinal Financial Corporation was incorporated under the laws of Virginia as a financial holding Company on June, 25, 2003. The Company's activities consist of investments in its wholly-owned subsidiaries. The main operating subsidiary of the company is Cardinal Bank. Cardinal Bank offers a range of traditional bank loan and deposit products and services to both its commercial and retail customers. The Company's commercial relationship managers attract small and medium sized businesses as well as government contractors, commercial real estate developers and builders and professionals, such as physicians, accountants and attorneys. The Company operates in three business segments, commercial banking, mortgage banking and wealth management and trust services. The commercial banking segment includes both commercial and consumer lending and provides customers such products as commercial loans, real estate loans, and other business financing and consumer loans. In addition, this segment provides customers with several choices of deposit products, including demand deposit accounts, savings accounts and certificates of deposit. The mortgage banking segment engages mainly in the origination and acquisition of residential mortgages for sale into the secondary market on a efforts basis. The wealth management and trust services segment provides investment and financial advisory services to businesses and individuals, including financial planning, retirement/estate planning, trust, estates, custody, investment management, escrows, and retirement plans. The Company competes as a financial intermediary with other commercial banks, savings and loan associations, savings banks, credit unions, mortgage banking firms, consumer finance companies, securities brokerage firms, insurance companies, mutual fund groups and other types of financial institutions. The Bank is subject to regulation, supervision and examination by the Bureau of Financial Institutions of the Virginia State Corporation Commission. The Bank and its also are subject to regulation, supervision and examination by the Federal Deposit Insurance Corporation.

Executives

Mark A Wendel	officer: EVP/Chief Financial Officer	C/O FIRST COMMUNITY BANCSHARES, P.O. BOX 989, BLUEFIELD VA 24605-0989
Bernard H Clineburg	director, officer: Executive Chairman	CARDINAL FINANCIAL CORP, 8270 GREENSBORO DRIVE STE 500, MCLEAN VA 22102
Barbara B Lang	director	8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102
Steven M Wiltse	director	11325 RANDOM HILLS RD, STE 240, FAIRFAX VA 22030
Alan G Merten	director	11020 POPES HEAD ROAD, FAIRFAX VA 22030
Kendal E Carson	officer: President	514 MARKET STREET, PARKERSBURG WV 26101
Cynthia A Cole	officer: EVP/Marketing Director	8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102