GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NatWest Group PLC (NYSE:NWG) » Definitions » Retained Earnings

NatWest Group (NatWest Group) Retained Earnings : $13,475 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is NatWest Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NatWest Group's retained earnings for the quarter that ended in Dec. 2023 was $13,475 Mil.

NatWest Group's quarterly retained earnings declined from Jun. 2023 ($12,091 Mil) to Sep. 2023 ($12,083 Mil) but then increased from Sep. 2023 ($12,083 Mil) to Dec. 2023 ($13,475 Mil).

NatWest Group's annual retained earnings declined from Dec. 2021 ($17,242 Mil) to Dec. 2022 ($12,203 Mil) but then increased from Dec. 2022 ($12,203 Mil) to Dec. 2023 ($13,475 Mil).


NatWest Group Retained Earnings Historical Data

The historical data trend for NatWest Group'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.

NatWest Group Retained Earnings Chart

NatWest Group 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 18,277.85 16,891.13 17,242.02 12,203.41 13,474.68

NatWest Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12,203.41 13,314.32 12,090.91 12,082.92 13,474.68

NatWest Group 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.


NatWest Group  (NYSE:NWG) 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.


NatWest Group (NatWest Group) Business Description

Address
Gogarburn, P.O. Box 1000, Edinburgh, GBR, EH12 1HQ
NatWest Group derives around 90% of its total income from the United Kingdom. The bank operates a retail, commercial, and private bank in the U.K., offering clients lending and payment services as well as asset management services.

NatWest Group (NatWest Group) Headlines

From GuruFocus

David Herro Comments on Royal Bank of Scotland

By Holly LaFon Holly LaFon 10-10-2016

NATWEST SHAREHOLDER NOTICE

By PRNewswire 11-14-2023

David Herro Gains 2 New Holdings, Divests Another

By Sydnee Gatewood Sydnee Gatewood 12-13-2016