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KBC Groupe NV (XBRU:KBC) Retained Earnings : €14,332 Mil (As of Dec. 2023)


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What is KBC Groupe NV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KBC Groupe NV's retained earnings for the quarter that ended in Dec. 2023 was €14,332 Mil.

KBC Groupe NV's quarterly retained earnings increased from Jun. 2023 (€13,210 Mil) to Sep. 2023 (€13,677 Mil) and increased from Sep. 2023 (€13,677 Mil) to Dec. 2023 (€14,332 Mil).

KBC Groupe NV's annual retained earnings declined from Dec. 2021 (€14,272 Mil) to Dec. 2022 (€12,626 Mil) but then increased from Dec. 2022 (€12,626 Mil) to Dec. 2023 (€14,332 Mil).


KBC Groupe NV Retained Earnings Historical Data

The historical data trend for KBC Groupe NV'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.

KBC Groupe NV Retained Earnings Chart

KBC Groupe NV 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 11,732.00 13,146.00 14,272.00 12,626.00 14,332.00

KBC Groupe NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 12,626.00 13,512.00 13,210.00 13,677.00 14,332.00

KBC Groupe NV 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.


KBC Groupe NV  (XBRU:KBC) 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.


KBC Groupe NV (XBRU:KBC) Business Description

Address
Havenlaan 2, Brussels, BEL, B-1080
KBC was formed in 1998 by the merger of Belgian commercial bank Kredietbank, cooperative farmers bank CERA Bank, and cooperative insurer ABB Verzekering. KBC offers banking, insurance, and investment products. Belgium and the Czech Republic account for the bulk of KBC's profits, while the bank has smaller operations in Hungary, Slovakia, and Bulgaria.

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