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Allahabad Bank Company Snapshot
Allahabad Bank operates in the Commercial banks sector. In addition to historical fundamental analyses, the complete report available to purchase compares Allahabad Bank with three other companies in this sector in India: Oriental Bank Of Commerce (2018 sales of 201.79 billion Indian Rupees [US$2.72 billion] of which 48% was Corporate/Wholesale Banking), Corporation Bank Ltd (199.47 billion Indian Rupees [US$2.69 billion] of which 36% was Wholesale Banking), and Indian Bank (195.34 billion Indian Rupees [US$2.63 billion] of which 35% was Corporate Wholesale Banking).

Sales Analysis. Allahabad Bank reported sales of 194.74 billion Indian Rupees (US$2.62 billion) for the fiscal year ending March of 2018. This represents a decrease of 5.3% versus 2017, when the company's sales were 205.68 billion Indian Rupees. The sales level in 2018 was fairly close to the level five years ago: in 2013, Allahabad Bank had sales of 190.26 billion Indian Rupees. Contributing to the drop in overall sales was the 22.8% decline in Corporate/wholesale Banking, from 67.68 billion Indian Rupees to 52.27 billion Indian Rupees. There were also decreases in sales in Retail Banking (down 0.4% to 67.62 billion Indian Rupees) and Treasury Operations (down 1.8% to 60.12 billion Indian Rupees) . However, these declines were partially offset by the increase in sales of Other Banking Operations (up 65.1% to 14.86 billion Indian Rupees) .
   
   
 
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Allahabad Bank
  Stock Performance Chart for Allahabad Bank
 
  Stock Data: Recent Stock Performance:
  Current Price (10/12/2018): 36.35
(Figures in Indian Rupees)
1 Week 2.8%   13 Weeks -10.6%  
4 Weeks -10.5%   52 Weeks -45.2%  
 
Allahabad Bank Key Data:
  Ticker: ALBK Country: India
  Exchanges: BOM Major Industry: Banks
    Sub Industry: Commercial Banks
  2018 Sales 194,736,200,000
(Year Ending Jan 2019).
Employees: 23,967
  Currency: Indian Rupees Market Cap: 38,341,168,086
  Fiscal Yr Ends: March Shares Outstanding: 1,054,777,664
  Share Type: Ordinary Closely Held Shares: 757,466,441
 
 
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