Zenith Bank Past Performance
Past criteria checks 1/6
Zenith Bank has been growing earnings at an average annual rate of 6.3%, while the Banks industry saw earnings growing at 14.5% annually. Revenues have been growing at an average rate of 8.2% per year. Zenith Bank's return on equity is 16.1%, and it has net margins of 35.2%.
Earnings growth rate
EPS growth rate
|Banks Industry Growth||14.5%|
|Revenue growth rate||8.2%|
|Return on equity||16.1%|
|Last Earnings Update||31 Mar 2023|
Recent past performance updates
Earnings and Revenue History
Quality Earnings: ZENITHBANK has a high level of non-cash earnings.
Growing Profit Margin: ZENITHBANK's current net profit margins (35.2%) are lower than last year (42.3%).
Past Earnings Growth Analysis
Earnings Trend: ZENITHBANK's earnings have grown by 6.3% per year over the past 5 years.
Accelerating Growth: ZENITHBANK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ZENITHBANK had negative earnings growth (-7.1%) over the past year, making it difficult to compare to the Banks industry average (37.9%).
Return on Equity
High ROE: ZENITHBANK's Return on Equity (16.1%) is considered low.