Andhra Bank operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Andhra Bank with three other
companies in this sector in India:
Yes Bank Limited
sales of 206.43 billion Indian Rupees [US$3.23 billion]
of which 64%
was Corporate/Wholesale Banking),
(205.68 billion Indian Rupees [US$3.22 billion]
of which 33%
was Retail Banking), and
Oriental Bank Of Commerce
(211.88 billion Indian Rupees [US$3.32 billion]
of which 56%
was Corporate/Wholesale Banking).
Andhra Bank reported sales of 213.04 billion Indian Rupees (US$3.34 billion)
March of 2017.
increase of 7.0%
versus 2016, when the company's sales were 199.10 billion Indian Rupees.
Sales at Andhra Bank have increased during each of the previous five years
(and since 2012, sales have increased a total of 69%).
Sales of Treasury saw an increase
that was more than double the company's growth rate: sales were up
21.4% in 2017, from
43.09 billion Indian Rupees to 52.32 billion Indian Rupees.
Andhra Bank also saw significant increases in sales in
Other Banking Operations (up 11.9% to 31.26 billion Indian Rupees)
Not all segments of Andhra Bank experienced an increase in sales in 2017:
sales of Corporate/ Wholesale Banking fell 4.5% to 67.15 billion Indian Rupees.