UCO Bank (BOM:532505) Retained Earnings : ₹23,707 Mil (As of Mar. 2024)

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What is UCO Bank Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. UCO Bank's retained earnings for the quarter that ended in Mar. 2024 was ₹23,707 Mil.

UCO Bank's quarterly retained earnings stayed the same from Sep. 2023 (₹0 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹23,707 Mil).

UCO Bank's annual retained earnings increased from Mar. 2022 (₹-280 Mil) to Mar. 2023 (₹14,578 Mil) and increased from Mar. 2023 (₹14,578 Mil) to Mar. 2024 (₹23,707 Mil).

UCO Bank Retained Earnings Historical Data

The historical data trend for UCO Bank'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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UCO Bank Retained Earnings Chart

UCO Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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-125,373.97

-127,469.47

-280.41

14,577.63

23,707.39

UCO Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-	14,577.63	-	-	23,707.39

UCO Bank 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.

UCO Bank (BOM:532505) 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.

UCO Bank (BOM:532505) Business Description

Industry

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UCOBANK:India

Address

No. 10, Barbourne Road, B. T. M Sarani, 7th Foor, Kolkata, WB, IND, 700 001

Website

http://www.ucobank.com

UCO Bank is an Indian commercial bank. The company generates the majority of revenue domestically. The bank organizes itself into three segments: Treasury operations, Corporate banking operations, Retail banking operations, and Other Banking. These are corporate banking operations, which are involved with working-capital financing, term loans, infrastructure finance, finance to importers and exporters, agriculture credit, foreign currency loans, and small and midsize enterprise lending. The bank also offers deposits, salary accounts, home loans, personal loans, debit cards, mobile banking, government bonds, pension schemes, tax collection services, insurance products, mutual funds, and money transfer.

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