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:
Oriental Bank Of Commerce
sales of 201.79 billion Indian Rupees [US$2.78 billion]
of which 48%
was Corporate/Wholesale Banking),
Indusind Bank Ltd
(220.23 billion Indian Rupees [US$3.04 billion]
of which 53%
was Retail Banking), and
Indian Overseas Bank
(218.46 billion Indian Rupees [US$3.01 billion]
of which 37%
was Corporate/Wholesale Banking).
Andhra Bank reported sales of 213.05 billion Indian Rupees (US$2.94 billion)
March of 2018.
a very small
increase of 0.0%
versus 2017, when the company's sales were 213.04 billion Indian Rupees.
Sales at Andhra Bank have increased during each of the previous five years
(and since 2013, sales have increased a total of 46%).
Sales of Retail Banking saw an increase
that was more than double the company's growth rate: sales were up
14.2% in 2018, from
62.31 billion Indian Rupees to 71.17 billion Indian Rupees.
Andhra Bank also saw significant increases in sales in
Treasury (up 5.1% to 54.99 billion Indian Rupees)
Not all segments of Andhra Bank experienced an increase in sales in 2018:
sales of Corporate/ Wholesale Banking fell 14.9% to 57.16 billion Indian Rupees.
Andhra Bank also experienced decreases in sales in
Other Banking Operations (down 4.9% to 29.73 billion Indian Rupees)