Industrial Bank Future Growth
Future criteria checks 1/6
Industrial Bank is forecast to grow earnings and revenue by 4% and 12.4% per annum respectively. EPS is expected to grow by 4.5% per annum. Return on equity is forecast to be 8.7% in 3 years.
Key information
4.0%
Earnings growth rate
4.5%
EPS growth rate
| Banks earnings growth | 7.4% |
| Revenue growth rate | 12.4% |
| Future return on equity | 8.7% |
| Analyst coverage | Good |
| Last updated | 24 Aug 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 232,325 | 84,730 | N/A | N/A | 16 |
| 12/31/2025 | 220,779 | 80,856 | N/A | N/A | 17 |
| 12/31/2024 | 212,070 | 78,530 | N/A | N/A | 13 |
| 6/30/2024 | 148,222 | 76,066 | -101,026 | -97,028 | N/A |
| 3/31/2024 | 146,336 | 72,125 | -149,994 | -145,153 | N/A |
| 12/31/2023 | 149,214 | 72,904 | 428,710 | 433,617 | N/A |
| 9/30/2023 | 162,162 | 80,322 | 218,594 | 224,281 | N/A |
| 6/30/2023 | 170,999 | 84,958 | 285,817 | 291,635 | N/A |
| 3/31/2023 | 169,820 | 84,702 | 466,482 | 471,685 | N/A |
| 12/31/2022 | 173,302 | 87,165 | -350,503 | -344,587 | N/A |
| 9/30/2022 | 172,083 | 86,190 | -638,344 | -632,618 | N/A |
| 6/30/2022 | 164,867 | 83,243 | -570,954 | -565,448 | N/A |
| 3/31/2022 | 162,014 | 82,145 | -348,632 | -342,208 | N/A |
| 12/31/2021 | 153,786 | 78,420 | -395,395 | -389,771 | N/A |
| 9/30/2021 | 146,163 | 76,240 | -34,491 | -34,930 | N/A |
| 6/30/2021 | 139,453 | 71,307 | -225,734 | -223,569 | N/A |
| 3/31/2021 | 132,641 | 66,945 | -412,543 | -406,346 | N/A |
| 12/31/2020 | 127,326 | 64,077 | -40,813 | -34,228 | N/A |
| 9/30/2020 | 120,954 | 61,351 | -147,763 | -134,577 | N/A |
| 6/30/2020 | 120,875 | 58,548 | -265,459 | -254,797 | N/A |
| 3/31/2020 | 125,018 | 65,713 | -171,030 | -165,149 | N/A |
| 12/31/2019 | 122,855 | 64,386 | -593,526 | -588,009 | N/A |
| 9/30/2019 | 119,363 | 63,447 | -525,907 | -519,750 | N/A |
| 6/30/2019 | 115,579 | 61,360 | -565,522 | -559,058 | N/A |
| 3/31/2019 | 114,044 | 61,141 | -500,149 | -494,215 | N/A |
| 12/31/2018 | 111,247 | 59,138 | -362,494 | -356,099 | N/A |
| 9/30/2018 | 109,126 | 59,170 | -379,477 | -376,097 | N/A |
| 6/30/2018 | 106,582 | 57,774 | -282,488 | -279,851 | N/A |
| 3/31/2018 | 104,910 | 56,549 | N/A | -325,836 | N/A |
| 12/31/2017 | 104,212 | 55,718 | N/A | -162,642 | N/A |
| 9/30/2017 | 105,142 | 55,870 | N/A | 26,259 | N/A |
| 6/30/2017 | 104,200 | 54,863 | N/A | 133,172 | N/A |
| 3/31/2017 | 103,634 | 53,827 | N/A | 236,009 | N/A |
| 12/31/2016 | 105,811 | 52,703 | N/A | 203,017 | N/A |
| 9/30/2016 | 106,998 | 52,917 | N/A | 226,031 | N/A |
| 6/30/2016 | 108,400 | 51,853 | N/A | 165,756 | N/A |
| 3/31/2016 | 111,336 | 51,066 | N/A | 792,680 | N/A |
| 12/31/2015 | 109,097 | 50,156 | N/A | 818,693 | N/A |
| 9/30/2015 | 108,125 | 50,055 | N/A | 1,075,234 | N/A |
| 6/30/2015 | 105,137 | 49,355 | N/A | 1,198,852 | N/A |
| 3/31/2015 | 101,923 | 48,565 | N/A | 477,564 | N/A |
| 12/31/2014 | 99,077 | 47,138 | N/A | 682,060 | N/A |
| 9/30/2014 | 98,407 | 46,413 | N/A | 243,357 | N/A |
| 6/30/2014 | 96,908 | 45,100 | N/A | 162,843 | N/A |
| 3/31/2014 | 94,717 | 43,597 | N/A | 236,320 | N/A |
| 12/31/2013 | 91,071 | 41,211 | N/A | 209,119 | N/A |
| 9/30/2013 | 88,888 | 41,479 | N/A | 231,348 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 601166's forecast earnings growth (4% per year) is above the savings rate (2.9%).
Earnings vs Market: 601166's earnings (4% per year) are forecast to grow slower than the CN market (22% per year).
High Growth Earnings: 601166's earnings are forecast to grow, but not significantly.
Revenue vs Market: 601166's revenue (12.4% per year) is forecast to grow slower than the CN market (13.4% per year).
High Growth Revenue: 601166's revenue (12.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 601166's Return on Equity is forecast to be low in 3 years time (8.7%).