Commercial Bank for Foreign Trade of Vietnam Future Growth
Future criteria checks 1/6
Commercial Bank for Foreign Trade of Vietnam is forecast to grow earnings and revenue by 16.7% and 15.9% per annum respectively. EPS is expected to grow by 13.9% per annum. Return on equity is forecast to be 18.6% in 3 years.
Key information
16.7%
Earnings growth rate
13.9%
EPS growth rate
Banks earnings growth | 18.2% |
Revenue growth rate | 15.9% |
Future return on equity | 18.6% |
Analyst coverage | Good |
Last updated | 19 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 | 104,005,929 | 52,127,155 | N/A | N/A | 4 |
12/31/2025 | 88,905,862 | 43,167,417 | N/A | N/A | 6 |
12/31/2024 | 78,810,077 | 36,625,044 | N/A | N/A | 10 |
12/31/2023 | 63,134,160 | 30,457,306 | -173,106,960 | -172,098,800 | N/A |
9/30/2023 | 62,654,121 | 31,264,083 | -59,178,842 | -58,151,390 | N/A |
6/30/2023 | 62,306,678 | 30,060,034 | -74,677,142 | -73,753,772 | N/A |
3/31/2023 | 60,611,780 | 28,574,165 | -28,249,574 | -27,486,520 | N/A |
12/31/2022 | 58,575,604 | 26,554,538 | -48,187,709 | -47,476,142 | N/A |
9/30/2022 | 52,957,227 | 24,204,634 | -115,956,066 | -114,777,125 | N/A |
6/30/2022 | 49,761,248 | 22,733,894 | -160,938,257 | -159,605,927 | N/A |
3/31/2022 | 46,200,503 | 20,757,045 | -173,305,138 | -171,724,819 | N/A |
12/31/2021 | 45,151,768 | 19,697,439 | -167,558,196 | -165,936,763 | N/A |
9/30/2021 | 44,344,617 | 18,705,606 | -98,372,991 | -95,878,664 | N/A |
6/30/2021 | 43,166,267 | 18,102,379 | -75,097,254 | -72,173,394 | N/A |
3/31/2021 | 42,365,461 | 18,752,613 | -77,421,996 | -74,401,400 | N/A |
12/31/2020 | 39,087,811 | 16,027,950 | -111,027,913 | -108,026,011 | N/A |
9/30/2020 | 37,404,207 | 14,968,618 | -159,030,098 | -157,345,070 | N/A |
6/30/2020 | 38,334,021 | 16,026,057 | -131,351,846 | -130,188,351 | N/A |
3/31/2020 | 38,949,349 | 15,776,653 | -106,500,782 | -105,475,303 | N/A |
12/31/2019 | 39,078,111 | 16,306,074 | -99,543,993 | -98,538,928 | N/A |
9/30/2019 | 38,484,392 | 16,706,119 | -77,369,934 | -76,433,942 | N/A |
6/30/2019 | 35,644,721 | 14,592,403 | -86,783,290 | -85,575,685 | N/A |
3/31/2019 | 33,673,496 | 13,158,230 | -179,668,340 | -178,607,908 | N/A |
12/31/2018 | 31,838,461 | 11,954,842 | -164,359,250 | -163,225,611 | N/A |
9/30/2018 | 29,429,765 | 10,173,926 | -89,843,239 | -88,487,255 | N/A |
6/30/2018 | 27,561,334 | 9,383,397 | -98,497,763 | -97,382,786 | N/A |
3/31/2018 | 25,736,848 | 8,472,928 | 27,181,303 | 28,343,697 | N/A |
12/31/2017 | 23,196,914 | 7,174,987 | 37,693,544 | 38,833,520 | N/A |
9/30/2017 | 22,078,272 | 6,766,407 | N/A | -61,825,969 | N/A |
6/30/2017 | 20,844,925 | 6,259,172 | N/A | -70,707,255 | N/A |
3/31/2017 | 19,758,659 | 5,827,237 | N/A | -75,167,054 | N/A |
12/31/2016 | 18,538,594 | 5,457,916 | N/A | -92,352,104 | N/A |
9/30/2016 | 18,350,862 | 5,756,959 | N/A | -81,580,590 | N/A |
6/30/2016 | 18,003,369 | 5,292,212 | N/A | -74,000,654 | N/A |
3/31/2016 | 16,667,733 | 5,028,926 | N/A | -115,411,209 | N/A |
12/31/2015 | 15,123,758 | 4,323,769 | N/A | -113,960,241 | N/A |
9/30/2015 | 14,460,257 | 4,143,069 | N/A | -124,821,393 | N/A |
6/30/2015 | 13,185,353 | 4,009,723 | N/A | -104,514,130 | N/A |
3/31/2015 | 12,896,059 | 3,745,598 | N/A | -71,652,840 | N/A |
12/31/2014 | 12,693,793 | 3,780,034 | N/A | -47,146,435 | N/A |
9/30/2014 | 12,641,963 | 3,911,220 | N/A | -20,649,205 | N/A |
6/30/2014 | 12,677,336 | 3,912,344 | N/A | -58,416,415 | N/A |
3/31/2014 | 12,109,605 | 3,719,091 | N/A | -40,135,059 | N/A |
12/31/2013 | 11,987,137 | 3,665,577 | N/A | -38,196,169 | N/A |
9/30/2013 | 11,506,127 | 3,410,582 | N/A | -59,979,420 | N/A |
6/30/2013 | 11,588,058 | 3,476,409 | N/A | -37,616,172 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VCB's forecast earnings growth (16.7% per year) is above the savings rate (3%).
Earnings vs Market: VCB's earnings (16.7% per year) are forecast to grow slower than the VN market (18% per year).
High Growth Earnings: VCB's earnings are forecast to grow, but not significantly.
Revenue vs Market: VCB's revenue (15.9% per year) is forecast to grow slower than the VN market (16.8% per year).
High Growth Revenue: VCB's revenue (15.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VCB's Return on Equity is forecast to be low in 3 years time (18.6%).