Vietnam Technological and Commercial Bank Future Growth
Future criteria checks 3/6
Vietnam Technological and Commercial Bank is forecast to grow earnings and revenue by 15.8% and 20.5% per annum respectively. EPS is expected to grow by 15.8% per annum. Return on equity is forecast to be 16.8% in 3 years.
Key information
15.8%
Earnings growth rate
15.8%
EPS growth rate
Banks earnings growth | 18.2% |
Revenue growth rate | 20.5% |
Future return on equity | 16.8% |
Analyst coverage | Good |
Last updated | 24 Apr 2024 |
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 | 68,105,000 | 29,165,433 | N/A | N/A | 1 |
12/31/2025 | 57,865,918 | 27,109,112 | N/A | N/A | 6 |
12/31/2024 | 48,062,804 | 21,795,727 | N/A | N/A | 6 |
3/31/2024 | 38,425,375 | 19,679,904 | -47,527,297 | -46,288,143 | N/A |
12/31/2023 | 36,140,024 | 17,955,802 | -71,038,403 | -69,806,045 | N/A |
9/30/2023 | 35,791,429 | 17,070,665 | -54,673,635 | -53,356,560 | N/A |
6/30/2023 | 35,944,137 | 17,755,688 | -63,546,297 | -62,146,045 | N/A |
3/31/2023 | 37,568,347 | 19,104,158 | -63,361,218 | -62,291,554 | N/A |
12/31/2022 | 38,590,897 | 20,111,877 | -44,404,132 | -43,294,021 | N/A |
9/30/2022 | 39,463,015 | 21,174,900 | -65,065,725 | -64,396,020 | N/A |
6/30/2022 | 38,027,004 | 20,214,534 | -54,531,244 | -53,894,053 | N/A |
3/31/2022 | 36,118,297 | 19,122,135 | -77,389,219 | -76,479,340 | N/A |
12/31/2021 | 34,411,199 | 18,014,250 | -90,380,369 | -89,440,374 | N/A |
9/30/2021 | 32,379,256 | 17,375,657 | -90,890,054 | -89,977,196 | N/A |
6/30/2021 | 30,742,297 | 16,137,075 | -95,880,527 | -94,990,182 | N/A |
3/31/2021 | 27,511,780 | 14,242,828 | -69,982,827 | -69,368,591 | N/A |
12/31/2020 | 24,767,653 | 12,301,991 | -43,134,394 | -42,468,534 | N/A |
9/30/2020 | 23,582,652 | 11,369,035 | -23,746,741 | -23,249,589 | N/A |
6/30/2020 | 22,022,254 | 10,824,246 | -9,331,210 | -8,937,605 | N/A |
3/31/2020 | 21,263,062 | 10,416,206 | -39,583,113 | -39,141,152 | N/A |
12/31/2019 | 20,150,777 | 10,043,139 | -40,349,002 | -40,091,382 | N/A |
9/30/2019 | 18,831,583 | 9,279,420 | -39,255,534 | -38,852,268 | N/A |
6/30/2019 | 17,732,785 | 8,784,662 | -54,815,380 | -54,337,475 | N/A |
3/31/2019 | 16,892,187 | 8,476,571 | -25,510,555 | -25,113,792 | N/A |
12/31/2018 | 16,505,264 | 8,442,775 | -21,648,196 | -21,246,622 | N/A |
9/30/2018 | 16,247,719 | 8,764,375 | -33,102,474 | -32,820,351 | N/A |
6/30/2018 | 15,678,228 | 8,411,103 | -16,581,861 | -16,376,770 | N/A |
3/31/2018 | 14,285,616 | 7,435,321 | -18,014,212 | -17,832,061 | N/A |
12/31/2017 | 12,427,153 | 6,445,595 | N/A | -11,404,409 | N/A |
9/30/2017 | 10,085,901 | 4,729,362 | N/A | 2,571,570 | N/A |
6/30/2017 | 9,132,277 | 4,045,501 | N/A | -7,851,035 | N/A |
3/31/2017 | 8,586,196 | 3,712,691 | N/A | -12,173,801 | N/A |
12/31/2016 | 8,171,215 | 3,129,130 | N/A | -33,245,311 | N/A |
9/30/2016 | 7,403,845 | 2,585,509 | N/A | -44,110,396 | N/A |
6/30/2016 | 6,457,380 | 1,967,326 | N/A | -36,463,368 | N/A |
3/31/2016 | 6,040,160 | 1,665,862 | N/A | -19,749,229 | N/A |
12/31/2015 | 5,715,816 | 1,503,716 | N/A | -17,142,476 | N/A |
9/30/2015 | 5,370,628 | 1,374,700 | N/A | -8,663,208 | N/A |
6/30/2015 | 4,917,376 | 1,132,440 | N/A | -2,656,524 | N/A |
3/31/2015 | 4,501,283 | 856,620 | N/A | -19,675,973 | N/A |
12/31/2014 | 4,720,910 | 1,068,197 | N/A | -14,337,212 | N/A |
9/30/2014 | 4,364,449 | 996,196 | N/A | N/A | N/A |
6/30/2014 | 4,363,505 | 906,907 | N/A | -4,657,452 | N/A |
3/31/2014 | 4,383,492 | 884,744 | N/A | 3,815,977 | N/A |
12/31/2013 | 4,233,872 | 659,071 | N/A | 10,354,625 | N/A |
9/30/2013 | 3,938,153 | 333,180 | N/A | N/A | N/A |
6/30/2013 | 3,599,985 | 28,939 | N/A | -4,161,092 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCB's forecast earnings growth (15.8% per year) is above the savings rate (3%).
Earnings vs Market: TCB's earnings (15.8% per year) are forecast to grow slower than the VN market (18% per year).
High Growth Earnings: TCB's earnings are forecast to grow, but not significantly.
Revenue vs Market: TCB's revenue (20.5% per year) is forecast to grow faster than the VN market (16.8% per year).
High Growth Revenue: TCB's revenue (20.5% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TCB's Return on Equity is forecast to be low in 3 years time (16.8%).