DFCC Bank (COL:DFCC.N0000) Retained Earnings : රු35,363 Mil (As of Mar. 2024)

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What is DFCC Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DFCC Bank's retained earnings for the quarter that ended in Mar. 2024 was රු35,363 Mil.

DFCC Bank's quarterly retained earnings increased from Sep. 2023 (රු32,882 Mil) to Dec. 2023 (රු33,646 Mil) and increased from Dec. 2023 (රු33,646 Mil) to Mar. 2024 (රු35,363 Mil).

DFCC Bank's annual retained earnings increased from Dec. 2021 (රු25,832 Mil) to Dec. 2022 (රු26,732 Mil) and increased from Dec. 2022 (රු26,732 Mil) to Dec. 2023 (රු33,646 Mil).

DFCC Bank Retained Earnings Historical Data

The historical data trend for DFCC Bank'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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DFCC Bank Retained Earnings Chart

DFCC Bank Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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21,278.29

23,061.08

25,831.59

26,731.86

33,645.59

DFCC Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															27,940.84	29,775.33	32,881.87	33,645.59	35,363.29

DFCC Bank 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.

DFCC Bank (COL:DFCC.N0000) 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.

DFCC Bank (COL:DFCC.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DFCC Bank PLC (COL:DFCC.N0000) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

73/5, Galle Road, Colombo, LKA, 03

Website

https://www.dfcc.lk

DFCC Bank PLC is a development bank operating along with its subsidiary and venture company in Sri Lanka that operates in four segments; Corporate Banking includes Loans deposits and other transactions and balances with corporate customers, Retail Banking includes Loans, deposits, and other transactions and balances with retail customers, The Treasury segment includes Funding and centralized risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes and investing in short-term placements and corporate and government debt securities, and Other segment includes Revenue and expenses attributable to the incorporated business segments of industrial estate management, unit trust management, stock brokering, and consultancy services.

DFCC Bank (COL:DFCC.N0000) Headlines

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