Zenith Bank Future Growth
Future criteria checks 0/6
Zenith Bank is forecast to grow earnings and revenue by 6.9% and 9.3% per annum respectively. EPS is expected to grow by 4.2% per annum. Return on equity is forecast to be 18.6% in 3 years.
Key information
6.9%
Earnings growth rate
4.2%
EPS growth rate
Banks earnings growth | -6.6% |
Revenue growth rate | 9.3% |
Future return on equity | 18.6% |
Analyst coverage | Low |
Last updated | 18 Dec 2023 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 1,642,778 | 729,066 | N/A | N/A | 1 |
12/31/2025 | 1,270,838 | 491,752 | N/A | N/A | 3 |
12/31/2024 | 1,131,026 | 387,341 | N/A | N/A | 3 |
12/31/2023 | 1,258,659 | 676,569 | -4,657,455 | -4,583,139 | N/A |
9/30/2023 | 978,943 | 483,764 | -2,798,625 | -2,748,158 | N/A |
6/30/2023 | 885,367 | 443,326 | -2,692,158 | -2,621,944 | N/A |
3/31/2023 | 659,143 | 231,872 | -512,160 | -446,711 | N/A |
12/31/2022 | 624,342 | 224,050 | -1,254,543 | -1,183,168 | N/A |
9/30/2022 | 628,973 | 258,168 | -497,748 | -417,341 | N/A |
6/30/2022 | 611,603 | 249,706 | -1,506,670 | -1,453,203 | N/A |
3/31/2022 | 590,403 | 249,503 | -1,198,599 | -1,148,285 | N/A |
12/31/2021 | 569,907 | 244,402 | -753,758 | -705,108 | N/A |
9/30/2021 | 537,051 | 231,687 | -572,231 | -542,997 | N/A |
6/30/2021 | 528,830 | 232,665 | 297,045 | 322,158 | N/A |
3/31/2021 | 518,218 | 232,915 | -1,623,472 | -1,598,457 | N/A |
12/31/2020 | 511,893 | 230,374 | -786,333 | -761,298 | N/A |
9/30/2020 | 495,554 | 217,242 | -989,995 | -975,336 | N/A |
6/30/2020 | 486,581 | 223,622 | -846,221 | -822,588 | N/A |
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 | N/A | -307,607 | N/A |
6/30/2017 | 399,821 | 169,236 | N/A | -278,571 | N/A |
3/31/2017 | 352,745 | 149,711 | N/A | -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 |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZENITHBANK's forecast earnings growth (6.9% per year) is below the savings rate (12.3%).
Earnings vs Market: ZENITHBANK's earnings (6.9% per year) are forecast to grow slower than the NG market (23.4% per year).
High Growth Earnings: ZENITHBANK's earnings are forecast to grow, but not significantly.
Revenue vs Market: ZENITHBANK's revenue (9.3% per year) is forecast to grow slower than the NG market (19% per year).
High Growth Revenue: ZENITHBANK's revenue (9.3% 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 (18.6%).