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PT Bank Mega Tbk (ISX:MEGA) Retained Earnings : Rp4,635,659 Mil (As of Mar. 2024)


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What is PT Bank Mega Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Bank Mega Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp4,635,659 Mil.

PT Bank Mega Tbk's quarterly retained earnings increased from Sep. 2023 (Rp5,437,009 Mil) to Dec. 2023 (Rp6,221,696 Mil) but then declined from Dec. 2023 (Rp6,221,696 Mil) to Mar. 2024 (Rp4,635,659 Mil).

PT Bank Mega Tbk's annual retained earnings declined from Dec. 2021 (Rp10,473,226 Mil) to Dec. 2022 (Rp5,272,162 Mil) but then increased from Dec. 2022 (Rp5,272,162 Mil) to Dec. 2023 (Rp6,221,696 Mil).


PT Bank Mega Tbk Retained Earnings Historical Data

The historical data trend for PT Bank Mega Tbk'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.

PT Bank Mega Tbk Retained Earnings Chart

PT Bank Mega Tbk 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 6,344,571.00 8,331,574.00 10,473,226.00 5,272,162.00 6,221,696.00

PT Bank Mega Tbk 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 3,489,588.00 4,544,970.00 5,437,009.00 6,221,696.00 4,635,659.00

PT Bank Mega Tbk 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.


PT Bank Mega Tbk  (ISX:MEGA) 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.


PT Bank Mega Tbk (ISX:MEGA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Captain P. Tendean No. 12-14A, Menara Bank Mega, 15th Floor, Jakarta, IDN, 12790
PT Bank Mega Tbk is an Indonesia-based company primarily engaged in providing general banking services. It offers savings, time deposits, motor vehicle loans, housing loans, credit cards, safe deposit box fees, and custodial services. The Bank geographical segment is Head Office consists of Treasury, Card Center and other functional divisions, including assets, liabilities, incomes, and expenses that cannot be allocated, region Jakarta consist of all branches and sub-branches in Jabodetabek and Banten province, Region Bandung, Region Medan, Region Semarang, Region Surabaya, region Banjarmasin, and region Makassar.

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