NSTS Bancorp (NSTS Bancorp) Retained Earnings : $40.81 Mil (As of Mar. 2024)

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What is NSTS Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NSTS Bancorp's retained earnings for the quarter that ended in Mar. 2024 was $40.81 Mil.

NSTS Bancorp's quarterly retained earnings declined from Sep. 2023 ($44.82 Mil) to Dec. 2023 ($41.06 Mil) and declined from Dec. 2023 ($41.06 Mil) to Mar. 2024 ($40.81 Mil).

NSTS Bancorp's annual retained earnings increased from Dec. 2021 ($45.26 Mil) to Dec. 2022 ($45.29 Mil) but then declined from Dec. 2022 ($45.29 Mil) to Dec. 2023 ($41.06 Mil).

NSTS Bancorp Retained Earnings Historical Data

The historical data trend for NSTS Bancorp'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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NSTS Bancorp Retained Earnings Chart

NSTS Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

45.43

45.32

45.26

45.29

41.06

NSTS Bancorp Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial											45.18	45.06	44.82	41.06	40.81

NSTS Bancorp 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.

NSTS Bancorp (NAS:NSTS) 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.

NSTS Bancorp (NSTS Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NSTS Bancorp Inc (NAS:NSTS) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

700 S. Lewis Avenue, Waukegan, IL, USA, 60085

Website

https://www.northshoretrust.com

NSTS Bancorp Inc is a savings and loan holding company regulated Federal Reserve Board. The company was formed to serve as the North Shore Trust and Savings stock holding company. The Bank is a wholly-owned subsidiary of the company and operates as a traditional savings institution focused primarily on serving the banking needs of customers in our market area of Lake County, Illinois and adjacent communities.

Executives

Carissa H Schoolcraft	officer: Chief Financial Officer	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Kevin M Dolan	director	3850 N CAUSEWAY BLVD STE 800, METAIRIE LA 70002
Nathan E Walker	officer: President	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Amy L Avakian	officer: Chief Lending Officer	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Stephen G. Lear	director, officer: Chief Executive Officer	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Thomas J Kneesel	director	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Rodney J, True	director	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Bond Thaddeus M. Jr.	director	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Apolonio Arenas	director	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Thomas M Ivantic	director	700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085

NSTS Bancorp (NSTS Bancorp) Headlines

From GuruFocus

North Shore Trust and Savings Announces Expansion of Mortgage Lending Department

By Marketwired • 10-23-2023

NSTS Bancorp, Inc. Announces Closing of Conversion and Stock Offering

By GuruFocusNews GuruFocusNews • 01-19-2022

NSTS Bancorp Announces Extension of Stock Repurchase Program

By Marketwired • 10-06-2023

Nathan E. Walker Appointed CEO of North Shore Trust and Savings

By PurpleRose PurpleRose • 07-26-2022

NSTS Bancorp Announces Authorization of Stock Repurchase Program

By GlobeNewswire • 12-21-2023

NSTS Bancorp Announces Authorization of Stock Repurchase Program

By sperokesalga sperokesalga • 03-31-2023