Skip to main content

Income & Expense

Retained Earnings

Retained earnings are the cumulative profits a bank has kept rather than paid out as dividends. They are a core component of equity capital and the primary engine of organic capital growth.

Formula

Ending Retained Earnings = Beginning Retained Earnings + Net Income - Dividends

Each period's net income adds to retained earnings; dividends to shareholders subtract from them. The balance is reported in the equity section of Schedule RC and feeds directly into CET1 capital.

Why it matters

Retained earnings are how a bank builds capital without issuing stock. Strong, consistently retained profits let a bank grow assets and absorb losses on its own; a retained-earnings deficit is a direct record of accumulated losses.

How to interpret

Rising retained earnings signal a profitable bank funding its own growth. Compare the retention rate (retained earnings growth versus net income) to the dividend payout: a bank paying out nearly all earnings is not building the capital cushion that supports future expansion.

Thresholds

RangeLabelInterpretation
Steadily growingStrongProfits retained to build capital organically.
Positive, stableAdequateCapital accumulating at a measured pace.
Flat / high payoutWatchLittle organic capital generation.
DeficitConcernAccumulated losses have eroded retained capital.

Worked example

A bank earning $20 million and paying $6 million in dividends adds $14 million to retained earnings that year — roughly a 70% retention rate. Over a decade, that retained capital can support hundreds of millions in additional assets without a single share issuance.

Frequently asked

Are retained earnings the same as cash?

No. Retained earnings are an equity figure recording accumulated profit kept in the business; that capital is deployed across loans, securities, and other assets — it is not a pile of cash.

How do retained earnings affect capital ratios?

Retained earnings flow into common equity tier 1 capital. Retaining profits raises CET1 and the leverage ratio over time, which is why dividend and buyback policy is a capital-management decision.

Direction: Higher is betterUnits: $Call report: Schedule RCBrowse banks

Sources

  • FFIEC Call Report Schedule RC (Balance Sheet, Equity Capital)
  • FFIEC Call Report Schedule RI-A (Changes in Equity Capital)

See Retained Earnings across 4,335 US banks

BankRegReports ranks every FDIC-insured institution by Retained Earnings, refreshed quarterly within 48 hours of FFIEC release.