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Al Arafah Islami Bank (DHA:ALARABANK) Retained Earnings : BDT1,803 Mil (As of Dec. 2023)


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What is Al Arafah Islami Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Al Arafah Islami Bank's retained earnings for the quarter that ended in Dec. 2023 was BDT1,803 Mil.

Al Arafah Islami Bank's quarterly retained earnings increased from Jun. 2023 (BDT1,078 Mil) to Sep. 2023 (BDT1,200 Mil) and increased from Sep. 2023 (BDT1,200 Mil) to Dec. 2023 (BDT1,803 Mil).

Al Arafah Islami Bank's annual retained earnings increased from Dec. 2021 (BDT1,823 Mil) to Dec. 2022 (BDT1,841 Mil) but then declined from Dec. 2022 (BDT1,841 Mil) to Dec. 2023 (BDT1,803 Mil).


Al Arafah Islami Bank Retained Earnings Historical Data

The historical data trend for Al Arafah Islami 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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Al Arafah Islami Bank Retained Earnings Chart

Al Arafah Islami Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 1,531.42 1,732.14 1,823.37 1,841.05 1,802.54

Al Arafah Islami Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,841.05 2,044.90 1,077.53 1,200.09 1,802.54

Al Arafah Islami 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.


Al Arafah Islami Bank  (DHA:ALARABANK) 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.


Al Arafah Islami Bank (DHA:ALARABANK) Business Description

Traded in Other Exchanges
N/A
Address
63, Purana Paltan (Daynik Bangla Mor), Al-Arafah Tower (1st & 2nd Floor), Dhaka, BGD, 1000
Al Arafah Islami Bank PLC is a Bangladesh-based company engaged in providing commercial banking, consumer banking, trade finance, and related custody and clearing services. Its deposit products include current, saving, term, and short notice deposits; and marriage savings investment schemes, among others. The principal activities of the Bank are to provide a comprehensive range of financial services including commercial banking, consumer banking, trade finance and other related custody and clearing services to the customers. Geographically, it operates only in Bangladesh. It serves Agriculture; Construction; Power, Gas, Water and Sanitary Services; Transport and communication; Trade services; Storage; Professional & Miscellaneous services and other sectors.

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