Morrow Bank Future Growth

Future criteria checks 4/6

Morrow Bank is forecast to grow earnings and revenue by 19.2% and 34.1% per annum respectively. EPS is expected to grow by 16.3% per annum. Return on equity is forecast to be 8.4% in 3 years.

Key information

19.2%

Earnings growth rate

16.3%

EPS growth rate

Banks earnings growth	2.2%
Revenue growth rate	34.1%
Future return on equity	8.4%
Analyst coverage	Low
Last updated	18 Mar 2024

Recent future growth updates

No updates

Recent updates

No updates

Earnings and Revenue Growth Forecasts

BATS-CHIXE:MOBAO - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	1,157	194	N/A	N/A	1
12/31/2024	1,086	145	N/A	N/A	1
12/31/2023	527	134	-1,328	-1,275	N/A
9/30/2023	481	13	-2,221	-2,165	N/A
6/30/2023	475	-4	-3,270	-3,293	N/A
3/31/2023	490	-9	-3,741	-3,678	N/A
12/31/2022	509	-14	-1,880	-1,822	N/A
9/30/2022	1,045	111	1,397	1,466	N/A
6/30/2022	558	-263	2,958	3,020	N/A
3/31/2022	581	-249	2,731	2,800	N/A
12/31/2021	609	-222	2,103	2,175	N/A
9/30/2021	215	-186	1,324	1,389	N/A
6/30/2021	772	243	-326	-260	N/A
3/31/2021	800	270	-100	-25	N/A
12/31/2020	776	254	8	87	N/A
9/30/2020	632	178	-1,083	-990	N/A
6/30/2020	656	185	-382	-286	N/A
3/31/2020	669	170	-1,303	-1,209	N/A
12/31/2019	721	200	-1,450	-1,351	N/A
9/30/2019	863	312	-1,384	-1,294	N/A
6/30/2019	838	307	-1,693	-1,607	N/A
3/31/2019	820	333	-1,698	-1,615	N/A
12/31/2018	782	328	-2,175	-2,106	N/A
9/30/2018	716	304	-2,359	-2,301	N/A
6/30/2018	713	321	-2,164	-2,111	N/A
3/31/2018	649	291	-1,859	-1,810	N/A
12/31/2017	591	271	-1,820	-1,775	N/A
9/30/2017	535	247	N/A	N/A	N/A
6/30/2017	436	194	N/A	N/A	N/A
3/31/2017	370	165	N/A	N/A	N/A
12/31/2016	306	129	N/A	-1,610	N/A
9/30/2016	243	93	N/A	N/A	N/A
6/30/2016	186	58	N/A	N/A	N/A
3/31/2016	139	31	N/A	N/A	N/A
12/31/2015	101	11	N/A	-1,091	N/A
9/30/2015	75	-11	N/A	N/A	N/A
12/31/2014	20	-31	N/A	-950	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MOBAO's forecast earnings growth (19.2% per year) is above the savings rate (1.6%).

Earnings vs Market: MOBAO's earnings (19.2% per year) are forecast to grow faster than the UK market (12.9% per year).

High Growth Earnings: MOBAO's earnings are forecast to grow, but not significantly.

Revenue vs Market: MOBAO's revenue (34.1% per year) is forecast to grow faster than the UK market (4.3% per year).

High Growth Revenue: MOBAO's revenue (34.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MOBAO's Return on Equity is forecast to be low in 3 years time (8.4%).