Bank Asia (DHA:BANKASIA) Retained Earnings : BDT4,104 Mil (As of Mar. 2024)

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What is Bank Asia Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank Asia's retained earnings for the quarter that ended in Mar. 2024 was BDT4,104 Mil.

Bank Asia's quarterly retained earnings declined from Sep. 2023 (BDT4,781 Mil) to Dec. 2023 (BDT3,350 Mil) but then increased from Dec. 2023 (BDT3,350 Mil) to Mar. 2024 (BDT4,104 Mil).

Bank Asia's annual retained earnings increased from Dec. 2021 (BDT2,651 Mil) to Dec. 2022 (BDT2,957 Mil) and increased from Dec. 2022 (BDT2,957 Mil) to Dec. 2023 (BDT3,350 Mil).

Bank Asia Retained Earnings Historical Data

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

Bank Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,800.26

1,918.25

2,651.00

2,957.00

3,350.45

Bank Asia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															2,456.51	4,564.91	4,780.54	3,350.45	4,103.82

Bank Asia 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.

Bank Asia (DHA:BANKASIA) 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.

Bank Asia (DHA:BANKASIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Asia PLC (DHA:BANKASIA) » Definitions » Retained Earnings

Traded in Other Exchanges

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Address

32 & 34 Kazi Nazrul Islam Avenue, Bank Asia Tower, Karwan Bazar, Dhaka, BGD, 1215

Website

https://www.bankasia-bd.com

Bank Asia Ltd is a Bangladesh-based Bank. The bank provides various banking products and services such as mobile banking, ATM services, credit card facilities, internet banking, foreign currency account, and other services. Its principal activities are to provide all kinds of conventional and Islamic commercial banking services to its customers through its branches, Islamic windows, SME centers, and alternative delivery channels. The segments of the company within Bangladesh are Conventional Banking, Islamic Banking, and Off-shore Banking unit, of which key revenue is derived from the Conventional Banking unit. It has a business presence in Bangladesh and other countries.

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