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Stopanska banka AD Skopje (XMAE:STB) Retained Earnings : MKD22,043 Mil (As of Mar. 2024)


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What is Stopanska banka AD Skopje Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Stopanska banka AD Skopje's retained earnings for the quarter that ended in Mar. 2024 was MKD22,043 Mil.

Stopanska banka AD Skopje's quarterly retained earnings increased from Sep. 2023 (MKD20,190 Mil) to Dec. 2023 (MKD21,179 Mil) and increased from Dec. 2023 (MKD21,179 Mil) to Mar. 2024 (MKD22,043 Mil).

Stopanska banka AD Skopje's annual retained earnings increased from Dec. 2021 (MKD15,337 Mil) to Dec. 2022 (MKD17,709 Mil) and increased from Dec. 2022 (MKD17,709 Mil) to Dec. 2023 (MKD21,179 Mil).


Stopanska banka AD Skopje Retained Earnings Historical Data

The historical data trend for Stopanska banka AD Skopje'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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Stopanska banka AD Skopje Retained Earnings Chart

Stopanska banka AD Skopje 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 10,891.08 12,870.94 15,336.89 17,708.57 21,179.37

Stopanska banka AD Skopje 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 18,410.55 19,207.22 20,190.22 21,179.37 22,043.30

Stopanska banka AD Skopje 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.


Stopanska banka AD Skopje  (XMAE:STB) 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.


Stopanska banka AD Skopje (XMAE:STB) Business Description

Traded in Other Exchanges
Address
Street 11 October 7, Skopje, MKD, 1000
Stopanska banka AD Skopje operates as a bank in Macedonia providing financial products and services for retail and corporate segment operation. The bank provides various types of loan, deposit as well as a variety of other traditional services, deposit accounts, loans, foreign exchange and trade service, safekeeping and administration of financial instruments for clients, including custodianship and related services and own portfolio management bonds investment portfolio to individuals, large, medium-sized and small companies. The bank operates its business in three segments Retail banking, Corporate banking, and Investment banking and generates revenues from interest income and commission income.

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