Suncorp Group Past Earnings Performance

Past criteria checks 4/6

Suncorp Group has been growing earnings at an average annual rate of 2.7%, while the Insurance industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 4.3% per year. Suncorp Group's return on equity is 8.7%, and it has net margins of 5.9%.

Key information

2.7%

Earnings growth rate

2.6%

EPS growth rate

Insurance Industry Growth	4.5%
Revenue growth rate	4.3%
Return on equity	8.7%
Net Margin	5.9%
Next Earnings Update	19 Aug 2024

Recent past performance updates

Recent updates

If EPS Growth Is Important To You, Suncorp Group (ASX:SUN) Presents An Opportunity

Feb 29

Is Now The Time To Put Suncorp Group (ASX:SUN) On Your Watchlist?

Oct 15

Why We Think Shareholders May Be Considering Bumping Up Suncorp Group Limited's (ASX:SUN) CEO Compensation

Sep 19

Analysts' Revenue Estimates For Suncorp Group Limited (ASX:SUN) Are Surging Higher

Aug 11

Should You Buy Suncorp Group Limited (ASX:SUN) For Its Dividend?

Apr 06

Should You Be Worried About Suncorp Group Limited's (ASX:SUN) 6.0% Return On Equity?

Mar 10

Don't Buy Suncorp Group Limited (ASX:SUN) For Its Next Dividend Without Doing These Checks

Feb 12

Suncorp Group's(ASX:SUN) Share Price Is Down 26% Over The Past Three Years.

Jan 19

Should You Buy Suncorp Group Limited (ASX:SUN) For Its Dividend?

Dec 20

It Might Not Be A Great Idea To Buy Suncorp Group Limited (ASX:SUN) For Its Next Dividend

Aug 23

Should You Be Worried About Suncorp Group Limited's (ASX:SUN) 8.2% Return On Equity?

Aug 05

Benign Growth For Suncorp Group Limited (ASX:SUN) Underpins Its Share Price

Jul 09

Revenue & Expenses Breakdown
Beta

How Suncorp Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ASX:SUN Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	20,072	1,178	8
30 Sep 23	19,213	1,163	8
30 Jun 23	18,354	1,148	8
31 Mar 23	16,169	993	7
31 Dec 22	15,073	845	7
30 Sep 22	15,032	763	7
30 Jun 22	14,990	681	7
31 Mar 22	14,457	806	6
31 Dec 21	13,923	931	5
30 Sep 21	14,055	982	5
30 Jun 21	14,187	1,033	5
31 Dec 20	15,107	769	-1
30 Sep 20	14,938	698	3
30 Jun 20	14,769	627	7
31 Dec 19	15,187	1,027	8
30 Sep 19	15,374	1,041	8
30 Jun 19	15,560	1,054	8
31 Dec 18	14,375	931	150
30 Sep 18	14,283	944	151
30 Jun 18	14,190	956	152
31 Mar 18	15,107	947	138
31 Dec 17	16,024	938	123
30 Sep 17	16,710	1,007	118
30 Jun 17	17,395	1,075	113
31 Mar 17	16,816	1,060	108
31 Dec 16	16,236	1,045	102
30 Sep 16	15,782	1,042	102
30 Jun 16	15,327	1,038	102
31 Mar 16	15,625	1,035	51
31 Dec 15	15,922	1,032	0
30 Sep 15	16,322	1,083	0
30 Jun 15	16,722	1,133	0
31 Mar 15	16,645	973	-674
31 Dec 14	16,567	813	-1,348
30 Sep 14	16,462	772	-674
30 Jun 14	16,357	730	0
31 Mar 14	16,277	598	1,368
31 Dec 13	16,196	465	2,736
30 Sep 13	16,191	478	2,734
30 Jun 13	16,186	491	2,732

Quality Earnings: SUN has high quality earnings.

Growing Profit Margin: SUN's current net profit margins (5.9%) are higher than last year (5.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SUN's earnings have grown by 2.7% per year over the past 5 years.

Accelerating Growth: SUN's earnings growth over the past year (39.4%) exceeds its 5-year average (2.7% per year).

Earnings vs Industry: SUN earnings growth over the past year (39.4%) did not outperform the Insurance industry 71.7%.

Suncorp Group Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First half 2024 earnings: EPS misses analyst expectations

Suncorp Group Limited to Report Fiscal Year 2024 Results on Aug 01, 2024

Full year 2023 earnings released: EPS: AU$0.91 (vs AU$0.54 in FY 2022)

First half 2023 earnings released: EPS: AU$0.44 (vs AU$0.30 in 1H 2022)

Full year 2022 earnings released: EPS: AU$0.54 (vs AU$0.81 in FY 2021)

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Recent updates

Resolution Life NOHC Pty Limited signed a share sale and purchase agreement to acquire Asteron Life Limited from Suncorp Group Limited (ASX:SUN) for NZD 410 million.

If EPS Growth Is Important To You, Suncorp Group (ASX:SUN) Presents An Opportunity

First half 2024 earnings: EPS misses analyst expectations

Price target increased by 7.0% to AU$16.38

Suncorp Group Limited to Report Fiscal Year 2024 Results on Aug 01, 2024

Suncorp Group Limited Announces Ordinary Dividend on SUNPI - CAP NOTE 3-BBSW+2.90% PERP NON-CUM RED T-06-28 for the Quarter Ending March 17, 2024, Payable on March 18, 2024

Suncorp Group Limited Announces Board Changes

Suncorp Group Limited Announces Executive Changes

Is Now The Time To Put Suncorp Group (ASX:SUN) On Your Watchlist?

Suncorp Group Announces Departure of Suncorp Bank CEO, Clive Van Horen on December 24, 2023

Why We Think Shareholders May Be Considering Bumping Up Suncorp Group Limited's (ASX:SUN) CEO Compensation

Group CEO exercised options to buy AU$1.2m worth of stock.

Suncorp Group Limited Announces Ordinary Dividend for the Six Months Ended June 30 2023 Payable on 25 September 2023

Suncorp Group Limited Announces Fully Franked Full Year Ordinary Dividend

Full year 2023 earnings released: EPS: AU$0.91 (vs AU$0.54 in FY 2022)

Suncorp Group Limited Announces Ordinary Dividend for the Quarter Ending September 17, 2023, Payable on September 18, 2023

Suncorp Group Limited Announces Dividend for Six Months Ended December 31, 2022, Payable on March 31, 2023

First half 2023 earnings released: EPS: AU$0.44 (vs AU$0.30 in 1H 2022)

Insufficient new directors

Suncorp Reportedly Eyes Zurich Local Arm

Suncorp Group Limited, Annual General Meeting, Sep 26, 2023

Now 20% undervalued after recent price drop

Independent Non-Executive Director recently bought AU$250k worth of stock

Suncorp Group Limited Declares Distribution on SUNPG - CAP NOTE 3-BBSW+3.65% PERP NON-CUM RED T-06-24, Payable on December 18, 2022

Independent Non-Executive Director recently bought AU$55k worth of stock

Group CEO exercised options to buy AU$709k worth of stock.

Now 22% undervalued after recent price drop

Suncorp Group Limited Announces Dividend for Six Months Ended June 30, 2022, Payable on September 21, 2022

Full year 2022 earnings released: EPS: AU$0.54 (vs AU$0.81 in FY 2021)

Australia and New Zealand Banking Group Limited (ASX:ANZ) signed a share sale and purchase agreement to acquire SBGH Ltd. from Suncorp Group Limited (ASX:SUN) for AUD 4.9 billion.

Now 23% undervalued after recent price drop

Australia and New Zealand Banking Group Limited (ASX:ANZ) signed a share sale and purchase agreement to acquire SBGH Ltd. from Suncorp Group Limited (ASX:SUN) for AUD 4.9 billion.

Australia and New Zealand Banking Group Limited (ASX:ANZ) signed a share sale and purchase agreement to acquire SBGH Ltd. from Suncorp Group Limited (ASX:SUN) for AUD 4.9 billion.

Consensus forecasts updated

Suncorp Bank Put Up for Sale

Suncorp Group Limited Announces Ordinary Dividend on SUNPI - CAP NOTE 3-BBSW+2.90% PERP NON-CUM RED T-06-28 for the Quarter Ending September 18, 2022, Payable on September 19, 2022

Suncorp Group Reportedly Weighing Sale of Its New Zealand Life Insurance Business

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Suncorp Group Limited Announces Fully Franked Interim Dividend for the Period Ending 31 December 2021, Payable on April 1, 2022

High number of new directors

Price target increased to AU$12.89

Analysts' Revenue Estimates For Suncorp Group Limited (ASX:SUN) Are Surging Higher

Price target increased to AU$12.81

Full year 2021 earnings released: EPS AU$0.81 (vs AU$0.49 in FY 2020)

Suncorp Group Limited Declares Fully Franked Special Dividend

The Royal Automobile Club of Tasmania Limited entered into a binding agreement to acquire remaining 50% interest in RACT Insurance Pty Ltd from Suncorp Group Limited (ASX:SUN) for AUD 83.75 million.

Race for CBA Insurance Unit Reportedly Nears Finish Line

LGIAsuper entered into an agreement to acquire Suncorp Portfolio Services Ltd. from Suncorp Group Limited (ASX:SUN) for AUD 45 million.

Should You Buy Suncorp Group Limited (ASX:SUN) For Its Dividend?

Suncorp Group Limited Announces Distribution on SUNPF - CAP NOTE 3-BBSW+4.10% PERP NON-CUM RED T-06-22 Securities for the Quarter Ending June 16, 2021, Payable on June 17, 2021

Should You Be Worried About Suncorp Group Limited's (ASX:SUN) 6.0% Return On Equity?

New 90-day low: AU$9.73

Don't Buy Suncorp Group Limited (ASX:SUN) For Its Next Dividend Without Doing These Checks

First half 2021 earnings released: EPS AU$0.38 (vs AU$0.27 in 1H 2020)

Suncorp Group's(ASX:SUN) Share Price Is Down 26% Over The Past Three Years.

New 90-day high: AU$10.25

Suncorp Group Limited to Report Fiscal Year 2021 Results on Aug 09, 2021

Should You Buy Suncorp Group Limited (ASX:SUN) For Its Dividend?

Suncorp Provides Update in Relation to the NSW Court of Appeal's Decision on the Insurance Council of Australia's Business Interruption Industry Test Case on Behalf of Insurers

New 90-day high: AU$9.73

Market bids up stock over the past week

Independent Non-Executive Director recently bought AU$102k worth of stock

New 90-day low: AU$8.24

Suncorp Group Announces Appointment of Jimmy Higgins as Chief Executive Officer of Suncorp New Zealand

New 90-day low: AU$8.41

Independent Non-Executive Director recently bought AU$101k worth of stock

It Might Not Be A Great Idea To Buy Suncorp Group Limited (ASX:SUN) For Its Next Dividend

Earnings released

Should You Be Worried About Suncorp Group Limited's (ASX:SUN) 8.2% Return On Equity?

Revenue & Expenses Breakdown
Beta