Security Bank Corporation operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Security Bank with three other
companies in this sector in Philippines:
Rizal Commercial Banking Corporation
sales of 30.12 billion Philippine Pesos [US$589.45 million]
of which 58%
was Retail Banking),
Union Bank of the Philippines
(30.60 billion Philippine Pesos [US$598.82 million]
of which 42%
was Consumer Banking), and
China Banking Corporation
(26.63 billion Philippine Pesos [US$521.20 million]
of which 33%
was Retail Banking Business).
During the year ended December of 2016, sales at
Security Bank were 27.63 billion Philippine Pesos (US$540.80 million).
increase of 17.4%
versus 2015, when the company's sales were 23.53 billion Philippine Pesos.
This was the third consecutive year of growth at Security Bank.
Sales of Wholesale Banking saw an increase
30.7% in 2016, from
4.89 billion Philippine Pesos to 6.39 billion Philippine Pesos.
Not all segments of Security Bank experienced an increase in sales in 2016:
sales of Retail Banking fell 4.1% to 4.95 billion Philippine Pesos.