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Bay National (Bay National) Retained Earnings : $-21.80 Mil (As of Mar. 2010)


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What is Bay National Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bay National's retained earnings for the quarter that ended in Mar. 2010 was $-21.80 Mil.

Bay National's quarterly retained earnings declined from Sep. 2009 ($-7.33 Mil) to Dec. 2009 ($-19.03 Mil) and declined from Dec. 2009 ($-19.03 Mil) to Mar. 2010 ($-21.80 Mil).

Bay National's annual retained earnings declined from Dec. 2007 ($2.11 Mil) to Dec. 2008 ($-2.95 Mil) and declined from Dec. 2008 ($-2.95 Mil) to Dec. 2009 ($-19.03 Mil).


Bay National Retained Earnings Historical Data

The historical data trend for Bay National'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.

Bay National Retained Earnings Chart

Bay National Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.26 1.17 2.11 -2.95 -19.03

Bay National Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
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 -3.84 -5.88 -7.33 -19.03 -21.80

Bay National 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.


Bay National  (GREY:BAYN) 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.


Bay National (Bay National) Business Description

Traded in Other Exchanges
N/A
Address
2328 West Joppa Road, Lutherville, MD, USA, 21093
Bay National Corp is a bank holding company, which through National Bank, offers a complete range of commercial, private, cash management, retail, and residential mortgage banking services.

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