Westpac Banking Future Growth
Future criteria checks 0/6
Westpac Banking is forecast to grow earnings and revenue by 0.1% and 3.8% per annum respectively. EPS is expected to grow by 0.2% per annum. Return on equity is forecast to be 9.7% in 3 years.
Key information
0.1%
Earnings growth rate
0.2%
EPS growth rate
| Banks earnings growth | 3.2% |
| Revenue growth rate | 3.8% |
| Future return on equity | 9.7% |
| Analyst coverage | Good |
| Last updated | 05 Nov 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 9/30/2027 | 23,684 | 7,090 | N/A | N/A | 8 |
| 9/30/2026 | 22,921 | 6,837 | N/A | N/A | 12 |
| 9/30/2025 | 22,375 | 6,908 | N/A | N/A | 10 |
| 9/30/2024 | 21,051 | 6,990 | -56,027 | -55,010 | N/A |
| 6/30/2024 | 20,720 | 6,738 | N/A | N/A | N/A |
| 3/31/2024 | 20,612 | 6,536 | -40,396 | -39,296 | N/A |
| 12/31/2023 | 20,805 | 6,866 | -38,631 | -37,392 | N/A |
| 9/30/2023 | 20,997 | 7,195 | -36,867 | -35,488 | N/A |
| 6/30/2023 | 20,395 | 6,805 | -26,346 | -24,920 | N/A |
| 3/31/2023 | 19,793 | 6,415 | -15,825 | -14,353 | N/A |
| 12/31/2022 | 19,532 | 6,055 | -17,595 | -16,226 | N/A |
| 9/30/2022 | 19,271 | 5,694 | -19,365 | -18,100 | N/A |
| 6/30/2022 | 20,058 | 5,495 | -17,378 | -16,239 | N/A |
| 3/31/2022 | 20,845 | 5,292 | -15,392 | -14,378 | N/A |
| 12/31/2021 | 21,329 | 5,374 | 154 | 1,148 | N/A |
| 9/30/2021 | 21,812 | 5,458 | 15,699 | 16,673 | N/A |
| 6/30/2021 | 20,755 | 4,999 | 18,351 | 19,459 | N/A |
| 3/31/2021 | 19,697 | 4,542 | 21,003 | 22,245 | N/A |
| 12/31/2020 | 18,351 | 3,415 | 24,735 | 25,993 | N/A |
| 9/30/2020 | 17,005 | 2,288 | 28,466 | 29,741 | N/A |
| 6/30/2020 | 17,790 | 3,542 | 32,124 | 33,353 | N/A |
| 3/31/2020 | 18,575 | 4,795 | 35,781 | 36,964 | N/A |
| 12/31/2019 | 19,215 | 5,787 | 20,293 | 21,478 | N/A |
| 9/30/2019 | 19,855 | 6,778 | 4,805 | 5,991 | N/A |
| 6/30/2019 | 20,054 | 6,922 | 1,044 | 2,235 | N/A |
| 3/31/2019 | 20,253 | 7,065 | -2,717 | -1,522 | N/A |
| 12/31/2018 | 20,775 | 7,578 | -4,033 | -2,840 | N/A |
| 9/30/2018 | 21,297 | 8,090 | -5,350 | -4,158 | N/A |
| 6/30/2018 | 21,178 | 8,182 | N/A | -8,262 | N/A |
| 3/31/2018 | 21,363 | 8,274 | N/A | -12,401 | N/A |
| 12/31/2017 | 21,156 | 8,129 | N/A | -16,321 | N/A |
| 9/30/2017 | 20,797 | 7,984 | N/A | -20,225 | N/A |
| 6/30/2017 | 20,640 | 7,816 | N/A | -24,012 | N/A |
| 3/31/2017 | 20,331 | 7,647 | N/A | -27,783 | N/A |
| 12/31/2016 | 20,096 | 7,544 | N/A | -30,528 | N/A |
| 9/30/2016 | 19,861 | 7,440 | N/A | -33,274 | N/A |
| 6/30/2016 | 20,450 | 7,769 | N/A | -24,708 | N/A |
| 3/31/2016 | 21,039 | 8,098 | N/A | -16,143 | N/A |
| 12/31/2015 | 20,964 | 8,052 | N/A | -12,605 | N/A |
| 9/30/2015 | 20,889 | 8,006 | N/A | -9,067 | N/A |
| 6/30/2015 | 20,192 | 7,773 | N/A | -14,627 | N/A |
| 3/31/2015 | 19,494 | 7,540 | N/A | -20,188 | N/A |
| 12/31/2014 | 19,391 | 7,546 | N/A | -13,023 | N/A |
| 9/30/2014 | 19,287 | 7,551 | N/A | -5,858 | N/A |
| 6/30/2014 | 18,876 | 7,313 | N/A | 4,371 | N/A |
| 3/31/2014 | 18,465 | 7,075 | N/A | 14,600 | N/A |
| 12/31/2013 | 18,107 | 6,907 | N/A | 9,013 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WBCPM's forecast earnings growth (0.1% per year) is below the savings rate (2.4%).
Earnings vs Market: WBCPM's earnings (0.1% per year) are forecast to grow slower than the Australian market (12.3% per year).
High Growth Earnings: WBCPM's earnings are forecast to grow, but not significantly.
Revenue vs Market: WBCPM's revenue (3.8% per year) is forecast to grow slower than the Australian market (5.7% per year).
High Growth Revenue: WBCPM's revenue (3.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WBCPM's Return on Equity is forecast to be low in 3 years time (9.7%).