FSB Bancorp (FSB Bancorp) Retained Earnings : $15.70 Mil (As of Dec. 2019)

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What is FSB Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FSB Bancorp's retained earnings for the quarter that ended in Dec. 2019 was $15.70 Mil.

FSB Bancorp's quarterly retained earnings increased from Jun. 2019 ($16.17 Mil) to Sep. 2019 ($16.18 Mil) but then declined from Sep. 2019 ($16.18 Mil) to Dec. 2019 ($15.70 Mil).

FSB Bancorp's annual retained earnings increased from Dec. 2017 ($16.08 Mil) to Dec. 2018 ($16.21 Mil) but then declined from Dec. 2018 ($16.21 Mil) to Dec. 2019 ($15.70 Mil).

FSB Bancorp Retained Earnings Historical Data

The historical data trend for FSB 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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FSB Bancorp Retained Earnings Chart

FSB Bancorp Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec15

Dec16

Dec17

Dec18

Dec19

Retained Earnings

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14.99

15.84

16.08

16.21

15.70

FSB Bancorp Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Retained Earnings	Get a 7-Day Free Trial															16.21	16.22	16.17	16.18	15.70

FSB 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.

FSB Bancorp (NAS:FSBC) 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.

FSB Bancorp (FSB Bancorp) Business Description

Industry

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

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Address

45 South Main Street, Fairport, NY, USA, 14450

Website

https://www.fairportsavingsbank.com

FSB Bancorp Inc is a bank holding company which offers secure and personalized financial solutions. The company through its banking subsidiaries is engaged in providing banking products and services including checking and savings, lending and other mortgage services, Wealth Management and Insurance. Its revenue derived primarily from Interest on loans and, Interest on investment and municipal securities and mortgage-backed securities.

Executives

Kevin D Maroney

director, officer: President and CEO

45 SOUTH MAIN STREET, FAIRPORT NY 14450