Corporation Bank operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Corporation Bank with three other
companies in this sector in India:
sales of 210.03 billion Indian Rupees [US$3.08 billion]
of which 43%
was Corporate/Wholesale Banking),
Uco Bank Ltd
(201.56 billion Indian Rupees [US$2.95 billion]
of which 40%
was Corporate / Wholesale banking), and
Oriental Bank Of Commerce
(218.15 billion Indian Rupees [US$3.20 billion]
of which 59%
was Corporate/Wholesale Banking).
During the year ended March of 2016, sales at
Corporation Bank were 211.54 billion Indian Rupees (US$3.10 billion).
a very small
increase of 0.6%
versus 2015, when the company's sales were 210.31 billion Indian Rupees.
This was the fifth consecutive year of sales increases at Corporation Bank
(and since 2011, sales have increased a total of 106%).
Sales of Retail Banking saw an increase
that was more than double the company's growth rate: sales were up
23.1% in 2016, from
51.59 billion Indian Rupees to 63.50 billion Indian Rupees.
Corporation Bank also saw significant increases in sales in
Treasury Operations (up 3.8% to 45.90 billion Indian Rupees)
Not all segments of Corporation Bank experienced an increase in sales in 2016:
sales of Other Banking Operations fell 40.5% to 4.43 billion Indian Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Corporation Bank also experienced decreases in sales in
Wholesale Banking (down 13.9% to 92.15 billion Indian Rupees)