Retained earnings are the cumulative profits that a business holds onto for operations after any dividends have been paid. Retained earnings refer to the portion of a company’s net income that ...

Assuming average growth of net earnings is 7% per year, we can compute that in a five-year period of time, the cumulative profits of a company will be about $40 for every $100 invested.

Public sector banks’ cumulative profit crossed the Rs 1 lakh crore-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the ...