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Bank of Ireland Group (LSE:BKIC.PFD) Retained Earnings : £8,860.58 Mil (As of Dec. 2023)


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What is Bank of Ireland Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bank of Ireland Group's retained earnings for the quarter that ended in Dec. 2023 was £8,860.58 Mil.

Bank of Ireland Group's quarterly retained earnings increased from Dec. 2022 (£8,027.36 Mil) to Jun. 2023 (£8,400.52 Mil) and increased from Jun. 2023 (£8,400.52 Mil) to Dec. 2023 (£8,860.58 Mil).

Bank of Ireland Group's annual retained earnings increased from Dec. 2021 (£7,513.20 Mil) to Dec. 2022 (£8,027.36 Mil) and increased from Dec. 2022 (£8,027.36 Mil) to Dec. 2023 (£8,860.58 Mil).


Bank of Ireland Group Retained Earnings Historical Data

The historical data trend for Bank of Ireland Group'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.

Bank of Ireland Group Retained Earnings Chart

Bank of Ireland Group 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 6,934.82 6,640.79 7,513.20 8,027.36 8,860.58

Bank of Ireland Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7,513.20 8,340.60 8,027.36 8,400.52 8,860.58

Bank of Ireland Group 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 of Ireland Group  (LSE:BKIC.PFD) 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 of Ireland Group (LSE:BKIC.PFD) Business Description

Address
40 Mespil Road, Dublin, IRL, D04 C2N4
Bank of Ireland Group PLC is an Irish financial services group operating mostly in Ireland and the United Kingdom. Services include mortgages, business, and corporate lending, term loans, leasing, foreign exchange, life assurance, and pension products, among others. The bank's trading divisions include Retail Ireland, Wealth and Insurance, Retail UK, Corporate and Treasury (C&T) and Group Centre. The bank generates the majority of its revenue from Retail Ireland serves consumer and business customers across a broad range of segments and sectors. Revenue is also derived from fees for a range of banking and transaction services. The bank has access to distribution in the United Kingdom via its relationship as a financial services partner with the nation's post office.

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