FinecoBank SpA (MIL:FBK) Retained Earnings : €609 Mil (As of Dec. 2023)

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What is FinecoBank SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FinecoBank SpA's retained earnings for the quarter that ended in Dec. 2023 was €609 Mil.

FinecoBank SpA's quarterly retained earnings increased from Jun. 2023 (€309 Mil) to Sep. 2023 (€454 Mil) and increased from Sep. 2023 (€454 Mil) to Dec. 2023 (€609 Mil).

FinecoBank SpA's annual retained earnings increased from Dec. 2021 (€381 Mil) to Dec. 2022 (€429 Mil) and increased from Dec. 2022 (€429 Mil) to Dec. 2023 (€609 Mil).

FinecoBank SpA Retained Earnings Historical Data

The historical data trend for FinecoBank SpA'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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FinecoBank SpA Retained Earnings Chart

FinecoBank SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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288.37

323.57

380.71

428.51

609.10

FinecoBank SpA Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															428.51	308.88	454.20	609.10	-

FinecoBank SpA 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.

FinecoBank SpA (MIL:FBK) 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.

FinecoBank SpA (MIL:FBK) Business Description

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FCBBF:USA FBKm:UK 0QVF:UK ZS3:Germany FBK:Austria

Address

Piazza Durante, 11, Milan, ITA, 20131

Website

https://www.finecobank.com

FinecoBank SpA is a FinTech bank in Europe. It offers a business model which combines platforms with a large network of financial advisors. It offers a single account with banking, trading and investment services, on transactional and advisory platforms developed with proprietary technologies. Fineco is a leading bank in brokerage in Europe, and an important player in private banking in Italy, offering advanced and tailor-made advisory services.