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First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Retained Earnings : $3,219 Mil (As of Dec. 2018)


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What is First Citizens Bancshares (TN) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. First Citizens Bancshares (TN)'s retained earnings for the quarter that ended in Dec. 2018 was $3,219 Mil.

First Citizens Bancshares (TN)'s quarterly retained earnings increased from Jun. 2018 ($3,021 Mil) to Sep. 2018 ($3,134 Mil) and increased from Sep. 2018 ($3,134 Mil) to Dec. 2018 ($3,219 Mil).

First Citizens Bancshares (TN)'s annual retained earnings increased from Dec. 2016 ($2,477 Mil) to Dec. 2017 ($2,785 Mil) and increased from Dec. 2017 ($2,785 Mil) to Dec. 2018 ($3,219 Mil).


First Citizens Bancshares (TN) Retained Earnings Historical Data

The historical data trend for First Citizens Bancshares (TN)'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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First Citizens Bancshares (TN) Retained Earnings Chart

First Citizens Bancshares (TN) Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,069.65 2,265.62 2,476.69 2,785.43 3,218.55

First Citizens Bancshares (TN) Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 2,785.43 2,931.51 3,020.60 3,133.75 3,218.55

First Citizens Bancshares (TN) 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.


First Citizens Bancshares (TN)  (OTCPK:FIZN) 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.


First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Business Description

Traded in Other Exchanges
N/A
Address
4300 Six Forks Road, Raleigh, NC, USA, 27609
First Citizens Bancshares Inc (TN) is a financial holding company. The bank offers various services such as checking accounts, savings accounts, mobile and tablet banking, digital banking, loans, insurance and other banking services. The company operates its business in four segments, 1) General Banking which offers a full suite of deposit products, loans, cash management, wealth, payments and various other fee-based services., 2) Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services to small and middle market companies, 3) Rail offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers throughout North America and 4) Corporate.

First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Headlines