undivided profit

Undistributed Profits

The amount of a publicly-traded company's post-tax earnings that are not paid in dividends. Most earnings retained are re-invested into the company's operations. Year-on-year tracking of the ratio of undistributed profits to dividends is important to fundamental analysis to investigate whether a company is increasing or decreasing its rate of re-investment. Undistributed profits form part of a company's equity, and are owned by shareholders. They are also called retained earnings, accumulated profits, undivided profits, and earned surplus.

undivided profit

The undistributed net income that has not yet been included as part of retained earnings.
References in periodicals archive ?
In a financial report for the fiscal year ended in March 2000, Morimoto and others falsely reported that the company generated 580 million yen in undivided profit despite the company chalked up about 5.
17 million); finally mounting income tax from undivided profits weakened growth of economy of scale.
In that situation, the language of the Bill states that "the creditor corporation is allowed to deduct from the total of its capital, surplus, and undivided profits the amount of any debt owed to it by a parent, subsidiary, or affiliated corporation to the extent that the debt has been included in the tax base of the parent, subsidiary, or affiliated debtor corporation reporting for taxation under the provision to this section.
As a result of the redemption, the Company expects to record a reduction in undivided profits of approximately $551,000 in the second quarter of 2009 associated with accelerated discount accretion related to the difference between the amount at which the Preferred Stock sale was initially recorded and its redemption price.
For example, a Delaware bank may not count its bank capital and surplus as part of the mandated capital and reserves for its insurance operations, nor may it allocate more than 25 percent of its total capital, surplus and undivided profits in the aggregate to all of its insurance divisions and subsidiaries.
expects to record a reduction in undivided profits of approximately $463,000 in the fourth quarter of 2009 associated with accelerated discount accretion related to the difference between the amount at which the Preferred Stock sale was initially recorded and its redemption price.
All of the Bank's dividends to the Company are payable only from the undivided profits of the Bank.
ASSETS 1998 1997 Cash and Due from Bank $2,541 $976 Investment Securities 6,025 8,524 Federal Funds Sold 26,025 8,100 Loans 45,629 15,233 Net Loans 44,715 14,983 Premises and Equipment, net 3,068 1,916 Other Assets 377 284 Total Assets $82,751 $34,783 LIABILITIES Deposits $ 65,039 $ 23,261 Other Liabilities 323 133 Total Liabilities $ 65,362 $ 23,394 SHAREHOLDERS' EQUITY Common Stock 8,654 6,454 Surplus 10,340 5,930 Undivided Profits (1,605) (995) Total Shareholders' Equity 17,389 11,389 TOTAL LIABILITIES & SHAREHOLDERS' EQUITY $ 82,751 $ 34,783
ON SECURITIES 123,000 34,000 N/A UNDIVIDED PROFITS 9,520,000 8,794,000 8.
00 par value, 5,000,000 shares authorized; 2,116,250 and 2,090,250 shares issued and outstanding at March 31, 2006 and 2005, respectively 2,116 2,090 Additional paid-in capital 10,230 9,679 Undivided profits 38,496 34,642 Accumulated other comprehensive loss (1,335) (1,298) Total stockholders' equity 49,507 45,113 Total liabilities and stockholders' equity $ 642,097 $ 562,328 Book value per share $ 23.
Common stock 3,585 3,571 Additional paid in capital 13,207 13,032 Undivided profits 15,309 11,289
ON SECURITIES 34,000 (50,000) N/A UNDIVIDED PROFITS 8,794,000 7,299,000 20.