GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » High Country Bancorp Inc (OTCPK:HCBC) » Definitions » Retained Earnings

High Country Bancorp (High Country Bancorp) Retained Earnings : $32.99 Mil (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is High Country Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. High Country Bancorp's retained earnings for the quarter that ended in Mar. 2024 was $32.99 Mil.

High Country Bancorp's quarterly retained earnings increased from Sep. 2023 ($32.17 Mil) to Dec. 2023 ($32.63 Mil) and increased from Dec. 2023 ($32.63 Mil) to Mar. 2024 ($32.99 Mil).

High Country Bancorp's annual retained earnings increased from Jun. 2021 ($27.42 Mil) to Jun. 2022 ($29.72 Mil) and increased from Jun. 2022 ($29.72 Mil) to Jun. 2023 ($32.36 Mil).


High Country Bancorp Retained Earnings Historical Data

The historical data trend for High Country Bancorp'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.

High Country Bancorp Retained Earnings Chart

High Country Bancorp Annual Data
Trend Jun02 Jun03 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.52 24.50 27.42 29.72 32.36

High Country Bancorp 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 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 32.15 32.36 32.17 32.63 32.99

High Country Bancorp 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.


High Country Bancorp  (OTCPK:HCBC) 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.


High Country Bancorp (High Country Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
7360 West US Highway 50, P.O. Box 309, Salida, CO, USA, 81201
High Country Bancorp Inc is a full-service financial institution delivering banking and investment solutions for both consumers and businesses. Its primary deposit products are non interest-bearing and interest-bearing checking accounts, savings accounts and time deposit accounts, and its primary lending products are real estate mortgage loans, construction, consumer and commercial loans.
Executives
Lorin D Smith director, officer: President & CEO
Scott G Erchul director, officer: Vice President
Frances Pasquale officer: Acting CFO 7360 WEST US HIGHWAY 50, SALIDA CO 81201
Young Richard A /co director
Philip W Harsh director 7360 WEST US HIGHWAY 50, SALIDA CO 81201

High Country Bancorp (High Country Bancorp) Headlines