Zenith Bank Future Growth
Future criteria checks 2/6
Zenith Bank is forecasted to grow earnings and revenue by 13.9% and 16.1% per annum respectively. EPS is expected to grow by 9.3%. Return on equity is forecast to be 16.7% in 3 years.
Key information
13.9%
Earnings growth rate
9.3%
EPS growth rate
| Banks earnings growth | 16.9% |
| Revenue growth rate | 16.1% |
| Future return on equity | 16.7% |
| Analyst coverage | Low |
| Last updated | 23 May 2023 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2025 | 1,191,435 | 315,094 | N/A | N/A | 3 |
| 12/31/2024 | 1,102,026 | 294,512 | N/A | N/A | 3 |
| 12/31/2023 | 1,020,627 | 262,477 | N/A | N/A | 3 |
| 3/31/2020 | 482,611 | 209,041 | 119,375 | 147,868 | N/A |
| 12/31/2019 | 475,119 | 208,693 | -269,946 | -226,899 | N/A |
| 9/30/2019 | 467,396 | 200,001 | -329,790 | -282,136 | N/A |
| 6/30/2019 | 462,859 | 200,395 | -372,296 | -316,604 | N/A |
| 3/31/2019 | 458,180 | 196,275 | -277,078 | -225,193 | N/A |
| 12/31/2018 | 457,185 | 193,147 | -197,668 | -158,028 | N/A |
| 9/30/2018 | 441,727 | 188,169 | -62,513 | -790 | N/A |
| 6/30/2018 | 440,819 | 179,836 | -126,692 | -77,567 | N/A |
| 3/31/2018 | 446,070 | 183,032 | -280,505 | -230,179 | N/A |
| 12/31/2017 | 422,730 | 173,472 | -482,149 | -433,572 | N/A |
| 9/30/2017 | 392,548 | 163,247 | -345,576 | -307,607 | N/A |
| 6/30/2017 | 399,821 | 169,236 | -313,345 | -278,571 | N/A |
| 3/31/2017 | 352,745 | 149,711 | -344,564 | -312,305 | N/A |
| 12/31/2016 | 331,269 | 129,434 | N/A | -422,158 | N/A |
| 9/30/2016 | 324,133 | 117,746 | N/A | -667,690 | N/A |
| 6/30/2016 | 281,186 | 87,823 | N/A | -418,453 | N/A |
| 3/31/2016 | 291,901 | 95,083 | N/A | -330,543 | N/A |
| 12/31/2015 | 293,493 | 105,531 | N/A | -469,401 | N/A |
| 9/30/2015 | 316,211 | 111,374 | N/A | -342,567 | N/A |
| 6/30/2015 | 308,970 | 105,029 | N/A | -568,959 | N/A |
| 3/31/2015 | 289,494 | 103,283 | N/A | -514,873 | N/A |
| 12/31/2014 | 283,498 | 99,275 | N/A | -373,766 | N/A |
| 9/30/2014 | 266,994 | 95,046 | N/A | -438,968 | N/A |
| 6/30/2014 | 263,917 | 94,724 | N/A | -325,447 | N/A |
| 3/31/2014 | 257,999 | 91,989 | N/A | -120,335 | N/A |
| 12/31/2013 | 253,405 | 90,846 | N/A | -81,932 | N/A |
| 9/30/2013 | 239,181 | 103,204 | N/A | -276,980 | N/A |
| 6/30/2013 | 230,437 | 100,529 | N/A | -219,801 | N/A |
| 3/31/2013 | 229,227 | 102,509 | N/A | -118,746 | N/A |
| 12/31/2012 | 218,211 | 97,596 | N/A | -170,146 | N/A |
| 9/30/2012 | 194,041 | 64,170 | N/A | N/A | N/A |
| 6/30/2012 | 192,799 | 55,743 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZENITHBANK's forecast earnings growth (13.9% per year) is above the savings rate (12.4%).
Earnings vs Market: ZENITHBANK's earnings (13.9% per year) are forecast to grow slower than the NG market (14.5% per year).
High Growth Earnings: ZENITHBANK's earnings are forecast to grow, but not significantly.
Revenue vs Market: ZENITHBANK's revenue (16.1% per year) is forecast to grow faster than the NG market (13.5% per year).
High Growth Revenue: ZENITHBANK's revenue (16.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ZENITHBANK's Return on Equity is forecast to be low in 3 years time (16.7%).