Qatar National Bank Future Growth
Future criteria checks 2/6
Qatar National Bank is forecast to grow earnings and revenue by 11.8% and 14.7% per annum respectively. EPS is expected to grow by 10.6% per annum. Return on equity is forecast to be 27.7% in 3 years.
Key information
11.8%
Earnings growth rate
10.6%
EPS growth rate
| Banks earnings growth | 9.7% |
| Revenue growth rate | 14.7% |
| Future return on equity | 27.7% |
| Analyst coverage | Low |
| Last updated | 11 Jul 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 | 63,365 | 30,422 | N/A | N/A | 3 |
| 12/31/2025 | 57,203 | 27,322 | N/A | N/A | 4 |
| 12/31/2024 | 49,878 | 21,902 | N/A | N/A | 4 |
| 6/30/2024 | 35,702 | 18,745 | -102,919 | -102,408 | N/A |
| 3/31/2024 | 32,139 | 15,996 | -135,003 | -134,493 | N/A |
| 12/31/2023 | 29,975 | 14,161 | -127,906 | -127,430 | N/A |
| 9/30/2023 | 27,564 | 14,074 | -139,041 | -138,474 | N/A |
| 6/30/2023 | 24,950 | 12,792 | -106,629 | -106,059 | N/A |
| 3/31/2023 | 22,332 | 11,068 | -92,366 | -91,829 | N/A |
| 12/31/2022 | 19,282 | 9,055 | -67,483 | -66,969 | N/A |
| 9/30/2022 | 17,356 | 7,757 | -36,250 | -35,910 | N/A |
| 6/30/2022 | 16,437 | 7,088 | -22,409 | -21,747 | N/A |
| 3/31/2022 | 15,566 | 6,764 | -16,016 | -15,332 | N/A |
| 12/31/2021 | 15,284 | 6,689 | -9,805 | -9,076 | N/A |
| 9/30/2021 | 14,955 | 6,782 | 1,935 | 2,803 | N/A |
| 6/30/2021 | 14,648 | 6,671 | 4,720 | 5,193 | N/A |
| 3/31/2021 | 14,179 | 6,535 | -1,084 | -636 | N/A |
| 12/31/2020 | 14,465 | 6,643 | -15,704 | -15,301 | N/A |
| 9/30/2020 | 14,737 | 6,904 | -17,113 | -16,730 | N/A |
| 6/30/2020 | 14,871 | 7,346 | -22,859 | -22,378 | N/A |
| 3/31/2020 | 15,436 | 7,491 | -19,498 | -18,915 | N/A |
| 12/31/2019 | 15,206 | 7,473 | -5,860 | -5,247 | N/A |
| 9/30/2019 | 14,950 | 7,147 | -13,280 | -12,766 | N/A |
| 6/30/2019 | 14,368 | 6,832 | -8,953 | -8,862 | N/A |
| 3/31/2019 | 13,579 | 6,534 | -2,791 | -2,605 | N/A |
| 12/31/2018 | 12,660 | 6,212 | -16,091 | -15,671 | N/A |
| 9/30/2018 | 11,686 | 5,739 | -19,463 | -18,967 | N/A |
| 6/30/2018 | 11,137 | 5,335 | -18,982 | -17,937 | N/A |
| 3/31/2018 | 10,456 | 5,004 | N/A | -27,058 | N/A |
| 12/31/2017 | 9,889 | 4,753 | N/A | -13,343 | N/A |
| 9/30/2017 | 7,628 | 4,621 | N/A | -29,962 | N/A |
| 6/30/2017 | 6,737 | 4,218 | N/A | -28,172 | N/A |
| 3/31/2017 | 6,084 | 3,850 | N/A | -31,996 | N/A |
| 12/31/2016 | 5,361 | 3,607 | N/A | -40,594 | N/A |
| 9/30/2016 | 6,806 | 3,393 | N/A | -14,644 | N/A |
| 6/30/2016 | 6,365 | 3,175 | N/A | -17,886 | N/A |
| 3/31/2016 | 5,954 | 2,909 | N/A | -16,936 | N/A |
| 12/31/2015 | 5,751 | 2,760 | N/A | -19,010 | N/A |
| 9/30/2015 | 5,373 | 2,549 | N/A | -20,210 | N/A |
| 6/30/2015 | 5,137 | 2,240 | N/A | -14,713 | N/A |
| 3/31/2015 | 4,849 | 2,087 | N/A | -12,048 | N/A |
| 12/31/2014 | 4,569 | 1,987 | N/A | -10,205 | N/A |
| 9/30/2014 | 4,168 | 1,786 | N/A | -7,279 | N/A |
| 6/30/2014 | 3,863 | 1,616 | N/A | -7,738 | N/A |
| 3/31/2014 | 3,701 | 1,554 | N/A | -5,062 | N/A |
| 12/31/2013 | 3,594 | 1,558 | N/A | -4,690 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QNBE's forecast earnings growth (11.8% per year) is below the savings rate (14.7%).
Earnings vs Market: QNBE's earnings (11.8% per year) are forecast to grow slower than the EG market (14.9% per year).
High Growth Earnings: QNBE's earnings are forecast to grow, but not significantly.
Revenue vs Market: QNBE's revenue (14.7% per year) is forecast to grow faster than the EG market (14.3% per year).
High Growth Revenue: QNBE's revenue (14.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QNBE's Return on Equity is forecast to be high in 3 years time (27.7%)