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Sberbank of Russia PJSC (MIC:SBER) Retained Earnings : ₽5,523,779 Mil (As of Jun. 2023)


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What is Sberbank of Russia PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sberbank of Russia PJSC's retained earnings for the quarter that ended in Jun. 2023 was ₽5,523,779 Mil.

Sberbank of Russia PJSC's quarterly retained earnings increased from Dec. 2022 (₽5,453,500 Mil) to Mar. 2023 (₽5,710,511 Mil) but then declined from Mar. 2023 (₽5,710,511 Mil) to Jun. 2023 (₽5,523,779 Mil).

Sberbank of Russia PJSC's annual retained earnings increased from Dec. 2020 (₽4,375,600 Mil) to Dec. 2021 (₽5,200,300 Mil) and increased from Dec. 2021 (₽5,200,300 Mil) to Dec. 2022 (₽5,453,500 Mil).


Sberbank of Russia PJSC Retained Earnings Historical Data

The historical data trend for Sberbank of Russia PJSC'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.

Sberbank of Russia PJSC Retained Earnings Chart

Sberbank of Russia PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,560,700.00 4,049,200.00 4,375,600.00 5,200,300.00 5,453,500.00

Sberbank of Russia PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22 Mar23 Jun23
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 4,942,200.00 5,200,300.00 5,453,500.00 5,710,510.54 5,523,778.51

Sberbank of Russia PJSC 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.


Sberbank of Russia PJSC  (MIC:SBER) 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.


Sberbank of Russia PJSC (MIC:SBER) Business Description

Traded in Other Exchanges
Address
19 Vavilova Street, Moscow, RUS, 117997
Sberbank of Russia PJSC is a full-service bank operating primarily in Russia, but with significant exposure to Central and Eastern European countries. The bank has grown into a universal bank through acquisitions since its historical savings bank origins. Sberbank's principal shareholder is the Central Bank of the Russian Federation, which owns just over half of the bank's outstanding shares. The bank's activities are organized by three main priorities: corporate banking, retail banking, and investment banking. Corporate loans constitute the bulk of the bank's earning assets, mostly to corporations with the largest market capitalizations. The bank's development strategy emphasizes customer service, cost management, and technological modernization.

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