BDO Unibank Future Growth

Future criteria checks 2/6

BDO Unibank is forecast to grow earnings and revenue by 9.1% and 9.6% per annum respectively. EPS is expected to grow by 9.2% per annum. Return on equity is forecast to be 14.3% in 3 years.

Key information

9.1%

Earnings growth rate

9.2%

EPS growth rate

Banks earnings growth	9.6%
Revenue growth rate	9.6%
Future return on equity	14.3%
Analyst coverage	Good
Last updated	13 Nov 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

PSE:BDO - Analysts future estimates and past financials data (PHP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	341,605	97,127	N/A	N/A	9
12/31/2025	313,681	88,087	N/A	N/A	11
12/31/2024	287,282	80,099	N/A	N/A	11
9/30/2024	273,231	79,721	-284,596	-274,276	N/A
6/30/2024	267,855	77,249	-286,828	-276,894	N/A
3/31/2024	261,581	75,003	-297,659	-289,870	N/A
12/31/2023	254,152	73,004	-175,489	-168,646	N/A
9/30/2023	219,433	70,616	-93,923	-89,229	N/A
6/30/2023	216,163	67,967	-147,374	-142,703	N/A
3/31/2023	216,518	61,476	-110,496	-106,531	N/A
12/31/2022	204,203	56,715	-149,385	-145,497	N/A
9/30/2022	193,019	50,010	-184,413	-180,740	N/A
6/30/2022	183,769	44,973	-144,925	-141,085	N/A
3/31/2022	178,066	43,799	-112,361	-108,427	N/A
12/31/2021	175,758	42,451	-86,506	-82,653	N/A
9/30/2021	175,395	43,726	-48,831	-45,044	N/A
6/30/2021	175,527	45,041	54,628	58,829	N/A
3/31/2021	160,264	29,531	71,550	74,607	N/A
12/31/2020	159,249	27,907	-7,814	-4,725	N/A
9/30/2020	161,204	28,368	-90,831	-87,301	N/A
6/30/2020	161,725	27,990	-156,333	-153,526	N/A
3/31/2020	176,170	42,858	-179,973	-175,598	N/A
12/31/2019	173,981	43,855	-135,149	-130,752	N/A
9/30/2019	168,361	43,297	-41,628	-37,637	N/A
6/30/2019	159,997	39,712	-72,376	-67,402	N/A
3/31/2019	151,817	36,255	-121,674	-116,456	N/A
12/31/2018	142,537	32,369	-215,506	-207,371	N/A
9/30/2018	134,022	28,556	-256,303	-246,611	N/A
6/30/2018	128,734	27,268	N/A	-266,722	N/A
3/31/2018	125,288	28,116	N/A	-251,607	N/A
12/31/2017	122,428	27,730	N/A	-218,577	N/A
9/30/2017	114,414	27,280	N/A	-205,117	N/A
6/30/2017	108,714	26,274	N/A	-194,410	N/A
3/31/2017	108,092	26,247	N/A	-225,587	N/A
12/31/2016	101,862	25,895	N/A	-178,597	N/A
9/30/2016	100,526	26,381	N/A	-190,872	N/A
6/30/2016	96,552	26,185	N/A	-233,932	N/A
3/31/2016	87,169	24,034	N/A	-180,035	N/A
1/1/2016	85,805	24,578	N/A	-171,292	N/A
9/30/2015	83,141	23,329	N/A	-162,201	N/A
6/30/2015	80,612	23,141	N/A	-126,374	N/A
3/31/2015	78,602	23,113	N/A	-123,518	N/A
12/31/2014	75,617	22,466	N/A	-179,546	N/A
9/30/2014	72,777	20,815	N/A	-195,186	N/A
6/30/2014	69,304	19,169	N/A	-178,321	N/A
3/31/2014	65,980	17,708	N/A	-174,366	N/A
12/31/2013	69,042	22,268	N/A	-123,205	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BDO's forecast earnings growth (9.1% per year) is above the savings rate (5.3%).

Earnings vs Market: BDO's earnings (9.1% per year) are forecast to grow slower than the PH market (12.1% per year).

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

Revenue vs Market: BDO's revenue (9.6% per year) is forecast to grow faster than the PH market (7.6% per year).

High Growth Revenue: BDO's revenue (9.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BDO's Return on Equity is forecast to be low in 3 years time (14.3%).

BDO Unibank Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Recent updates

Insider recently sold ₱1.6m worth of stock

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

BDO Unibank, Inc. Announces Retirement of Rhodora Montinola Lugay as Senior Vice President and Department Head of Central Operations Group/Transaction Services

Insider recently bought ₱1.6m worth of stock

Insider recently bought ₱1.6m worth of stock

Insider recently sold ₱24m worth of stock

BDO Unibank, Inc. Announces Management Changes

Second quarter dividend of ₱1.00 announced

Insider recently bought ₱2.2m worth of stock

Insider recently sold ₱7.5m worth of stock

Senior VP recently bought ₱1.5m worth of stock

Insider recently bought ₱1.4m worth of stock

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

President recently bought ₱106m worth of stock

BDO Unibank, Inc. Announces Resignation of Walter C. Wassmer as Non-Executive Director, Effective July 16, 2024

Insider recently bought ₱11m worth of stock

Insider recently sold ₱1.3m worth of stock

Insider recently sold ₱1.4m worth of stock

Insider recently bought ₱1.3m worth of stock

President recently bought ₱1.1b worth of stock

First quarter dividend increased to ₱1.00

BDO Unibank, Inc. Approves Regular Cash Dividend on Common Shares for the Second Quarter of 2024, Payable on June 28, 2024

Insider recently bought ₱1.4m worth of stock

Independent Director recently bought ₱2.0m worth of stock

President recently sold ₱12m worth of stock

Insider recently bought ₱757k worth of stock

First quarter 2024 earnings: EPS misses analyst expectations

BDO Unibank, Inc. Increases Regular Cash Dividend

Insider recently sold ₱1.6m worth of stock

Insider recently sold ₱1.9m worth of stock

Insider recently sold ₱4.0m worth of stock

Lead Independent Director recently bought ₱2.4m worth of stock

Upcoming dividend of ₱0.75 per share

Fourth quarter dividend of ₱0.75 announced

Full year 2023 earnings released: EPS: ₱13.86 (vs ₱10.77 in FY 2022)

Insider recently sold ₱7.6m worth of stock

Insider recently sold ₱9.4m worth of stock

President recently sold ₱3.0m worth of stock

Now 20% overvalued after recent price rise

BDO Unibank, Inc., Annual General Meeting, Apr 19, 2024

Independent Director recently bought ₱2.5m worth of stock

Independent Director recently bought ₱2.5m worth of stock

Upcoming dividend of ₱0.75 per share at 2.4% yield

BDO Unibank, Inc. Announces Retirement of Mr. Ramon Soliven David, Senior Vice President and Region Head of Branch Banking Group, Effective January 1, 2024

Insider recently sold ₱2.6m worth of stock

Insider recently bought ₱3.5m worth of stock

Insider recently bought ₱3.1m worth of stock

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

BDO Unibank, Inc. Announces Management Appointments

Insider recently sold ₱5.0m worth of stock

Upcoming dividend of ₱0.75 per share at 2.1% yield

BDO Unibank, Inc. Announces Executive Changes

Insider recently sold ₱1.3m worth of stock

Insider recently sold ₱6.0m worth of stock

Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

BDO Unibank, Inc. Announces Executive Changes, Effective September 15, 2023

Insider recently sold ₱2.9m worth of stock

Insider recently sold ₱3.0m worth of stock

BDO Unibank, Inc. Announces Demise of Jesus A. Jacinto, Jr., Director and Vice Chairman

Insider recently sold ₱991k worth of stock

New minor risk - Insider selling

Vice Chairman of the Board recently bought ₱36m worth of stock

BDO Unibank, Inc. Announces Executive Resignations

Insider recently sold ₱609k worth of stock

Upcoming dividend of ₱0.75 per share at 2.2% yield

BDO Unibank, Inc. Approves Committee Appointments

Insider recently sold ₱3.5m worth of stock

Insider recently sold ₱2.7m worth of stock

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Insider recently bought ₱2.8m worth of stock

Full year 2022 earnings released: EPS: ₱10.77 (vs ₱8.07 in FY 2021)

Insider recently sold ₱1.4m worth of stock

Insider recently sold ₱1.5m worth of stock

Insider recently sold ₱2.5m worth of stock

BDO Unibank, Inc. Announces Executive Promotions