Industrial Bank of Korea Future Growth
Future criteria checks 1/6
Industrial Bank of Korea is forecast to grow earnings and revenue by 3.7% and 5.9% per annum respectively. EPS is expected to grow by 3.3% per annum. Return on equity is forecast to be 9% in 3 years.
Key information
3.7%
Earnings growth rate
3.3%
EPS growth rate
Banks earnings growth | 8.3% |
Revenue growth rate | 5.9% |
Future return on equity | 9.0% |
Analyst coverage | Good |
Last updated | 30 Apr 2024 |
Recent future growth updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 9,027,738 | 3,030,061 | N/A | N/A | 11 |
12/31/2025 | 8,865,623 | 2,912,610 | N/A | N/A | 18 |
12/31/2024 | 8,554,048 | 2,827,030 | N/A | N/A | 15 |
3/31/2024 | 7,637,900 | 2,730,400 | N/A | N/A | N/A |
12/31/2023 | 8,859,280 | 2,521,570 | -1,611,493 | -1,315,108 | N/A |
9/30/2023 | 9,539,235 | 2,774,398 | -15,542,535 | -15,232,130 | N/A |
6/30/2023 | 9,404,445 | 2,763,075 | -19,504,109 | -19,221,973 | N/A |
3/31/2023 | 8,714,789 | 2,523,338 | -19,496,148 | -19,231,396 | N/A |
12/31/2022 | 8,390,836 | 2,372,284 | -11,876,753 | -11,655,948 | N/A |
9/30/2022 | 8,338,461 | 2,233,089 | -13,283,017 | -13,093,039 | N/A |
6/30/2022 | 8,246,186 | 2,091,170 | -13,072,588 | -12,877,226 | N/A |
3/31/2022 | 7,426,320 | 2,252,088 | -17,037,902 | -16,832,333 | N/A |
12/31/2021 | 7,844,463 | 2,136,180 | -17,747,306 | -17,545,179 | N/A |
9/30/2021 | 7,107,238 | 1,978,987 | -18,853,567 | -18,690,804 | N/A |
6/30/2021 | 6,771,273 | 1,734,429 | -24,754,542 | -24,600,497 | N/A |
3/31/2021 | 6,565,480 | 1,439,451 | -32,280,975 | -32,105,367 | N/A |
12/31/2020 | 6,417,269 | 1,320,724 | -31,087,257 | -30,888,630 | N/A |
9/30/2020 | 6,304,658 | 1,138,276 | -32,420,436 | -32,169,278 | N/A |
6/30/2020 | 6,246,631 | 1,148,040 | -26,770,854 | -26,491,386 | N/A |
3/31/2020 | 6,311,016 | 1,238,079 | -14,649,190 | -14,387,069 | N/A |
12/31/2019 | 6,294,685 | 1,284,837 | -19,590,980 | -19,339,609 | N/A |
9/30/2019 | 6,348,828 | 1,335,020 | -15,349,336 | -15,072,471 | N/A |
6/30/2019 | 6,388,949 | 1,455,357 | -11,496,297 | -11,247,861 | N/A |
3/31/2019 | 6,606,589 | 1,358,660 | -14,851,185 | -14,613,585 | N/A |
12/31/2018 | 6,353,055 | 1,417,232 | -7,576,982 | -7,362,554 | N/A |
9/30/2018 | 6,244,160 | 1,435,590 | -2,280,335 | -2,154,286 | N/A |
6/30/2018 | 6,068,085 | 1,462,000 | -6,073,234 | -5,891,749 | N/A |
3/31/2018 | 5,887,517 | 1,573,410 | -6,868,402 | -6,698,806 | N/A |
12/31/2017 | 5,620,370 | 1,501,454 | N/A | -5,408,044 | N/A |
9/30/2017 | 5,583,124 | 1,458,850 | N/A | -12,312,431 | N/A |
6/30/2017 | 5,453,829 | 1,290,162 | N/A | -10,685,631 | N/A |
3/31/2017 | 6,184,961 | 1,219,112 | N/A | -8,990,531 | N/A |
12/31/2016 | 5,368,398 | 1,157,536 | N/A | -12,797,467 | N/A |
9/30/2016 | 8,108,068 | 1,336,340 | N/A | -9,299,438 | N/A |
6/30/2016 | 7,490,927 | 1,252,299 | N/A | -14,327,927 | N/A |
3/31/2016 | 6,338,707 | 1,151,908 | N/A | -13,990,568 | N/A |
12/31/2015 | 6,286,072 | 1,142,983 | N/A | -15,862,772 | N/A |
9/30/2015 | 4,099,868 | 894,476 | N/A | -15,538,782 | N/A |
6/30/2015 | 4,008,109 | 886,781 | N/A | -10,913,000 | N/A |
3/31/2015 | 3,965,967 | 940,163 | N/A | -9,476,954 | N/A |
12/31/2014 | 3,943,537 | 838,887 | N/A | -7,952,975 | N/A |
9/30/2014 | 5,437,200 | 983,294 | N/A | -9,398,714 | N/A |
6/30/2014 | 4,895,849 | 928,655 | N/A | -8,722,374 | N/A |
3/31/2014 | 3,769,901 | 749,589 | N/A | -10,280,277 | N/A |
12/31/2013 | 3,704,117 | 694,001 | N/A | -10,711,887 | N/A |
9/30/2013 | 3,646,692 | 729,724 | N/A | -6,648,001 | N/A |
6/30/2013 | 3,624,883 | 710,988 | N/A | -5,902,946 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: A024110's forecast earnings growth (3.7% per year) is above the savings rate (2.5%).
Earnings vs Market: A024110's earnings (3.7% per year) are forecast to grow slower than the KR market (29% per year).
High Growth Earnings: A024110's earnings are forecast to grow, but not significantly.
Revenue vs Market: A024110's revenue (5.9% per year) is forecast to grow slower than the KR market (9.1% per year).
High Growth Revenue: A024110's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: A024110's Return on Equity is forecast to be low in 3 years time (9%).