GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » InsCorp Inc (OTCPK:IBTN) » Definitions » Retained Earnings

InsCorp (InsCorp) Retained Earnings : $43.18 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is InsCorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. InsCorp's retained earnings for the quarter that ended in Mar. 2024 was $43.18 Mil.

InsCorp's quarterly retained earnings increased from Sep. 2023 ($39.94 Mil) to Dec. 2023 ($41.73 Mil) and increased from Dec. 2023 ($41.73 Mil) to Mar. 2024 ($43.18 Mil).

InsCorp's annual retained earnings increased from Dec. 2021 ($25.70 Mil) to Dec. 2022 ($34.81 Mil) and increased from Dec. 2022 ($34.81 Mil) to Dec. 2023 ($41.73 Mil).


InsCorp Retained Earnings Historical Data

The historical data trend for InsCorp'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.

InsCorp Retained Earnings Chart

InsCorp 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 17.94 20.38 25.70 34.81 41.73

InsCorp 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 36.35 37.63 39.94 41.73 43.18

InsCorp 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.


InsCorp  (OTCPK:IBTN) 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.


InsCorp (InsCorp) Business Description

Traded in Other Exchanges
N/A
Address
2106 Crestmoor Road, Nashville, TN, USA, 37215
InsCorp Inc along with its subsidiary is engaged in the origination and sales of mortgage loans on the secondary market. The company is a full-service financial institution that provides business and personal banking as well as mortgage lending. Its primary deposit products are demand and money market deposits and certificates of deposit, and its primary lending products are commercial loans, real estate loans, and lines of credit.

InsCorp (InsCorp) Headlines

From GuruFocus

Third Quarter Loan Growth Fuels INSBANK Profits

By PRNewswire PRNewswire 11-19-2019

INSBANK Parent Co. Reports Steady Q2 Profits

By PRNewswire PRNewswire 08-12-2019

InsCorp's 3rd Quarter Earnings Driven by Loan & Margin Growth

By PRNewswire PRNewswire 11-02-2021

Quarterly Profits Increase for INSBANK Parent, InsCorp, Inc.

By PRNewswire PRNewswire 02-04-2021

INSBANK Parent Reports Record Annual Profits

By PRNewswire PRNewswire 01-27-2020

InsCorp Reports Record Earnings as Margin Increases

By PRNewswire PRNewswire 01-31-2022