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AB Bank Ltd Company Snapshot
AB Bank Ltd operates in the Commercial banks sector. In addition to historical fundamental analyses, the complete report available to purchase compares AB Bank Ltd with three other companies in this sector in BANGLADESH : Dutch Bangla Bank Ltd (2020 sales of 34.68 billion Bangladeshi Taka [US$407.49 million] of which 30% was Corporate banking), Social Islami Bank Ltd (30.01 billion Bangladeshi Taka [US$352.65 million] ), and Southeast Bank (33.54 billion Bangladeshi Taka [US$394.09 million] ).

Sales Analysis. During the second quarter of 2021, sales at AB Bank Ltd totalled 6.64 billion Bangladeshi Taka. This is a drop of 17.8% from the 8.08 billion Bangladeshi Taka in sales at the company during the second quarter in 2020. During the first two quarters of 2021, sales totalled 12.69 billion Bangladeshi Taka, which is 15.2% lower than through the first two quarters of 2020. AB Bank Ltd reported sales of 32.69 billion Bangladeshi Taka (US$384.06 million) for the year ending December of 2020. This represents an increase of 2.4% versus 2019, when the company's sales were 31.92 billion Bangladeshi Taka. This was the third consecutive year of growth at AB Bank Ltd. Sales of Subsidiaries saw an increase that was more than double the company's growth rate: sales were up 116.5% in 2020, from 170.00 million Bangladeshi Taka to 368.10 million Bangladeshi Taka. Not all segments of AB Bank Ltd experienced an increase in sales in 2020: sales of Ab Bank Ltd fell 5.4% to 12.15 billion Bangladeshi Taka.
   
   
 
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AB Bank Ltd
  Stock Performance Chart for AB Bank Ltd
 
  Stock Data: Recent Stock Performance:
  Current Price (9/23/2021): 15.40
(Figures in Bangladeshi Taka)
1 Week -1.3%   13 Weeks -0.6%  
4 Weeks 3.4%   52 Weeks 57.0%  
 
AB Bank Ltd Key Data:
  Ticker: ABBANK Country: BANGLADESH
  Exchanges: OTH Major Industry: Banks
    Sub Industry: Commercial Banks
  2020 Sales 32,685,957,938
(Year Ending Jan 2021).
Employees: 1,952
  Currency: Bangladeshi Taka Market Cap: 12,871,915,533
  Fiscal Yr Ends: December Shares Outstanding: 835,838,671
  Share Type: Ordinary Closely Held Shares: N/A
 
 
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