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Cibanco S A Institucion De Banca Multiple (Cibanco S A Institucion De Banca Multiple) Retained Earnings : $122.0 Mil (As of Mar. 2024)


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What is Cibanco S A Institucion De Banca Multiple Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cibanco S A Institucion De Banca Multiple's retained earnings for the quarter that ended in Mar. 2024 was $122.0 Mil.

Cibanco S A Institucion De Banca Multiple's quarterly retained earnings increased from Jun. 2023 ($97.3 Mil) to Sep. 2023 ($100.2 Mil) and increased from Sep. 2023 ($100.2 Mil) to Mar. 2024 ($122.0 Mil).

Cibanco S A Institucion De Banca Multiple's annual retained earnings declined from Dec. 2020 ($27.2 Mil) to Dec. 2021 ($22.1 Mil) but then increased from Dec. 2021 ($22.1 Mil) to Dec. 2022 ($67.7 Mil).


Cibanco S A Institucion De Banca Multiple Retained Earnings Historical Data

The historical data trend for Cibanco S A Institucion De Banca Multiple'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.

Cibanco S A Institucion De Banca Multiple Retained Earnings Chart

Cibanco S A Institucion De Banca Multiple Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.94 79.11 27.16 22.07 67.71

Cibanco S A Institucion De Banca Multiple Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 67.71 82.59 97.31 100.24 122.02

Cibanco S A Institucion De Banca Multiple 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.


Cibanco S A Institucion De Banca Multiple  (OTCPK:DBMXF) 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.


Cibanco S A Institucion De Banca Multiple (Cibanco S A Institucion De Banca Multiple) Business Description

Traded in Other Exchanges
Address
Avendia Santa Fe No. 481, 7th Floor, Torre Corporativo World Plaza, Colonia Cruz Manca, Alcaldia Cuajimalpa, Mexico, MEX, MEX, 05349
Cibanco S A Institucion De Banca Multiple formerly FibraHotel operates as a real estate investment trust in the Mexican hospitality industry. It manages a portfolio of business class hotels under the brands like Fiesta Inn, One Hotels, AC by Marriott, Sheraton, Fiesta Americana, Camino Real, and Real Inn. Its hotels are categorized in terms of their services into Limited Service, hotels without restaurants; Select Service, hotels with additional services, such as bars, room service, and conference room; Full Service, hotels with consumption centers and meeting rooms and Hotels with studio apartments, work areas and full kitchen. FibraHotel's business mainly depends on its room revenues. It also derives nominal income from foodservice and leases.