Oneida Financial (Oneida Financial) Retained Earnings : $54.92 Mil (As of Sep. 2015)

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What is Oneida Financial Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Oneida Financial's retained earnings for the quarter that ended in Sep. 2015 was $54.92 Mil.

Oneida Financial's quarterly retained earnings declined from Mar. 2015 ($55.31 Mil) to Jun. 2015 ($54.94 Mil) and declined from Jun. 2015 ($54.94 Mil) to Sep. 2015 ($54.92 Mil).

Oneida Financial's annual retained earnings increased from Dec. 2012 ($49.68 Mil) to Dec. 2013 ($52.41 Mil) and increased from Dec. 2013 ($52.41 Mil) to Dec. 2014 ($54.19 Mil).

Oneida Financial Retained Earnings Historical Data

The historical data trend for Oneida 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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Oneida Financial Retained Earnings Chart

Oneida Financial Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Retained Earnings

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44.82

47.21

49.68

52.41

54.19

Oneida Financial Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Retained Earnings	Get a 7-Day Free Trial															54.73	54.19	55.31	54.94	54.92

Oneida 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.

Oneida Financial (NAS:ONFC) 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.

Oneida Financial (Oneida Financial) Business Description

Industry

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

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Address

Website

http://www.oneidafinancial.com

Oneida Financial Corp is a Maryland corporation. The Company is the holding Company of The Oneida Savings Bank, a New York-chartered savings bank. Oneida Savings Bank's deposits are insured by the FDIC up to the maximum amount permitted by law. The Bank is a community bank engaged in the business of accepting deposits from customers through its main office and 10 full service branch offices and using those deposits, together with funds generated from operations and borrowings to make one-to-four family residential and commercial real estate loans, consumer loans and commercial business loans and to invest in mortgage-backed and other securities. Municipal deposit banking services are provided through a limited purpose commercial bank subsidiary, The State Bank of Chittenango. The Bank also sells insurance and other commercial services and products, provides employee benefit services and offers risk management services to help mitigate and prevent work related injuries through Bailey & Haskell Associates, Inc., a wholly owned subsidiary, and provides financial and investment advisory services through Oneida Wealth Management Inc., a wholly owned subsidiary. Its deposit accounts consist of savings, interest-bearing demand accounts, non-interest-bearing checking accounts, money market accounts and certificates of deposit. It also offers IRAs and other qualified plan accounts. Its primary lending area is Madison and Oneida Counties in New York and the surrounding counties and its deposit customers reside in the same area. It competes with commercial banks, savings institutions, mortgage banking firms, credit unions, finance companies, mutual funds, insurance companies, and brokerage and investment banking firms operating locally and elsewhere. The Company subject to extensive regulation, supervision and examination by the Federal Deposit Insurance Corporation, the New York State Department of Financial Services and the Federal Reserve Board.

Executives

R Kallet Michael	director, officer: Chairman and CEO	182 MAIN STREET, ONEIDA NY 13421
Eric Stickels	director, officer: President and COO	182 MAIN STREET, ONEIDA NY 13421

Oneida Financial (Oneida Financial) Headlines

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