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Banco De Bogota (BOG:BOGOTA) Retained Earnings : COP9,396,231 Mil (As of Dec. 2023)


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What is Banco De Bogota Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Banco De Bogota's retained earnings for the quarter that ended in Dec. 2023 was COP9,396,231 Mil.

Banco De Bogota's quarterly retained earnings stayed the same from Jun. 2023 (COP0 Mil) to Sep. 2023 (COP0 Mil) but then increased from Sep. 2023 (COP0 Mil) to Dec. 2023 (COP9,396,231 Mil).

Banco De Bogota's annual retained earnings declined from Dec. 2021 (COP17,535,479 Mil) to Dec. 2022 (COP9,567,144 Mil) and declined from Dec. 2022 (COP9,567,144 Mil) to Dec. 2023 (COP9,396,231 Mil).


Banco De Bogota Retained Earnings Historical Data

The historical data trend for Banco De Bogota'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.

Banco De Bogota Retained Earnings Chart

Banco De Bogota 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 13,484,987.00 14,332,756.00 17,535,479.00 9,567,144.00 9,396,231.00

Banco De Bogota 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 9,567,144.00 - - - 9,396,231.00

Banco De Bogota 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.


Banco De Bogota  (BOG:BOGOTA) 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.


Banco De Bogota (BOG:BOGOTA) Business Description

Traded in Other Exchanges
N/A
Address
36th street No. 7-47, Piso 15, Bogota, COL, 3436
Banco De Bogota SA is a lending institution that provides financial services at different maturities which include loans, capital leases, commercial, consumer and mortgage lending, and microcredit. It has a portfolio of bonds and equity investments, including a stake in subsidiaries and other firms. It also operates on the currency and derivatives markets. The objectives of the group in terms of managing its capital focus on, complying with the capital requirements defined by the Colombian government for the Bank and its financial subsidiaries in Colombia and by foreign governments in countries where the Bank has financial subsidiaries and maintaining an adequate equity structure that allows the group to generate value for its shareholders.

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