FBC Holdings (XZIM:FBC.ZW) Retained Earnings : ZWL472,544 Mil (As of Dec. 2023)

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What is FBC Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FBC Holdings's retained earnings for the quarter that ended in Dec. 2023 was ZWL472,544 Mil.

FBC Holdings's quarterly retained earnings increased from Dec. 2022 (ZWL37,828 Mil) to Jun. 2023 (ZWL484,046 Mil) but then declined from Jun. 2023 (ZWL484,046 Mil) to Dec. 2023 (ZWL472,544 Mil).

FBC Holdings's annual retained earnings increased from Dec. 2021 (ZWL28,705 Mil) to Dec. 2022 (ZWL37,828 Mil) and increased from Dec. 2022 (ZWL37,828 Mil) to Dec. 2023 (ZWL472,544 Mil).

FBC Holdings Retained Earnings Historical Data

The historical data trend for FBC Holdings'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.

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FBC Holdings Retained Earnings Chart

FBC Holdings Annual Data

Trend

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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1,665.20

4,636.39

28,705.27

37,827.90

472,543.99

FBC Holdings Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial											28,705.27	24,849.34	37,827.90	484,046.13	472,543.99

FBC Holdings 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.

FBC Holdings (XZIM:FBC.ZW) 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.

FBC Holdings (XZIM:FBC.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FBC Holdings Ltd (XZIM:FBC.ZW) » Definitions » Retained Earnings

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Address

45 Nelson Mandela Avenue, 6th Floor, FBC Centre, P.O. Box 1227, Harare, ZWE

Website

https://www.fbc.co.zw

FBC Holdings Ltd is an investment holding company. The company through its subsidiaries operates its six segments namely Commercial banking, Microlending, Mortgage financing, Short-term reinsurance, Short-term insurance, and stockbroking. The commercial banking segment consists of dealing in the money and foreign exchange markets, retail, corporate and international banking, and corporate finance. The Mortgage financing segment consists of housing development, mortgage lending, savings deposit accounts, and other money market investment products. It earns maximum revenue from its commercial banking segment.

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