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Military Commercial Joint Stock Bank (STC:MBB) Retained Earnings : ₫30,092,796 Mil (As of Mar. 2024)


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What is Military Commercial Joint Stock Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Military Commercial Joint Stock Bank's retained earnings for the quarter that ended in Mar. 2024 was ₫30,092,796 Mil.

Military Commercial Joint Stock Bank's quarterly retained earnings increased from Sep. 2023 (₫20,609,649 Mil) to Dec. 2023 (₫25,559,753 Mil) and increased from Dec. 2023 (₫25,559,753 Mil) to Mar. 2024 (₫30,092,796 Mil).

Military Commercial Joint Stock Bank's annual retained earnings increased from Dec. 2021 (₫12,915,149 Mil) to Dec. 2022 (₫19,063,767 Mil) and increased from Dec. 2022 (₫19,063,767 Mil) to Dec. 2023 (₫25,559,753 Mil).


Military Commercial Joint Stock Bank Retained Earnings Historical Data

The historical data trend for Military Commercial Joint Stock 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.

* Premium members only.

Military Commercial Joint Stock Bank Retained Earnings Chart

Military Commercial Joint Stock Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,342,490.00 12,955,988.00 12,915,149.00 19,063,767.00 25,559,753.00

Military Commercial Joint Stock 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 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 24,078,246.00 22,511,239.00 20,609,649.00 25,559,753.00 30,092,796.00

Military Commercial Joint Stock 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.


Military Commercial Joint Stock Bank  (STC:MBB) 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.


Military Commercial Joint Stock Bank (STC:MBB) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Le Van Luong Street, 25th Floor, MB Building, Trung Hoa Ward, Cau Giay District, Hanoi, VNM
Military Commercial Joint Stock Bank provides personal and corporate banking services in Vietnam. The company is engaged in mobilizing and receiving short. medium and long-term deposit funds from organizations and individuals; lending on a short, medium and long-term; conducting settlement and cash services and other banking services as approved by the SBV; making capital contributions. Its operating segment includes Banking and Finance; Securities - Fund Management; Insurance and Debt collection - Asset management. The company generates maximum revenue from Banking and Finance segment.

Military Commercial Joint Stock Bank (STC:MBB) Headlines

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