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Allahabad Bank

NSEI:ALBK
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ALBK
NSEI
₹115B
Market Cap
  1. Home
  2. IN
  3. Banks
Company description

Allahabad Bank provides banking products and services in India and internationally. The last earnings update was 289 days ago. More info.


Add to Portfolio Compare Print
  • Allahabad Bank has significant price volatility in the past 3 months.
ALBK Share Price and Events
7 Day Returns
-3.6%
NSEI:ALBK
5.1%
IN Banks
2.6%
IN Market
1 Year Returns
12.9%
NSEI:ALBK
12%
IN Banks
0.8%
IN Market
ALBK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Allahabad Bank (ALBK) -3.6% 32.7% 20.2% 12.9% 3.6% -32.2%
IN Banks 5.1% 10% 6.6% 12% 59.4% 79.9%
IN Market 2.6% 7.7% 2.5% 0.8% 45.6% 83.2%
1 Year Return vs Industry and Market
  • ALBK outperformed the Market in India which returned 0.8% over the past year.
Price Volatility
ALBK
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Allahabad Bank undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Allahabad Bank. This is due to cash flow or dividend data being unavailable. The share price is ₹55.75.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Allahabad Bank's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Allahabad Bank's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:ALBK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-58.35
BSE:532480 Share Price ** BSE (2019-03-18) in INR ₹55.7
India Banks Industry PE Ratio Median Figure of 19 Publicly-Listed Banks Companies 21.17x
India Market PE Ratio Median Figure of 2,728 Publicly-Listed Companies 16.62x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Allahabad Bank.

NSEI:ALBK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532480 Share Price ÷ EPS (both in INR)

= 55.7 ÷ -58.35

-0.95x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Allahabad Bank is loss making, we can't compare its value to the IN Banks industry average.
  • Allahabad Bank is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Allahabad Bank's expected growth come at a high price?
Raw Data
NSEI:ALBK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.95x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Banks Industry PEG Ratio Median Figure of 18 Publicly-Listed Banks Companies 0.88x
India Market PEG Ratio Median Figure of 598 Publicly-Listed Companies 1.27x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Allahabad Bank, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Allahabad Bank's assets?
Raw Data
NSEI:ALBK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹144.02
BSE:532480 Share Price * BSE (2019-03-18) in INR ₹55.7
India Banks Industry PB Ratio Median Figure of 40 Publicly-Listed Banks Companies 0.62x
India Market PB Ratio Median Figure of 3,613 Publicly-Listed Companies 1.12x
NSEI:ALBK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532480 Share Price ÷ Book Value per Share (both in INR)

= 55.7 ÷ 144.02

0.39x

* Primary Listing of Allahabad Bank.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Allahabad Bank is good value based on assets compared to the IN Banks industry average.
X
Value checks
We assess Allahabad Bank's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Allahabad Bank has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Allahabad Bank expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Allahabad Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
36.8%
Expected Banks industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Allahabad Bank expected to grow at an attractive rate?
  • Unable to compare Allahabad Bank's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Allahabad Bank's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Allahabad Bank's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:ALBK Future Growth Rates Data Sources
Data Point Source Value (per year)
India Banks Industry Earnings Growth Rate Market Cap Weighted Average 36.8%
India Banks Industry Revenue Growth Rate Market Cap Weighted Average 21%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:ALBK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:ALBK Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:ALBK Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 -21,844 -143,102 -45,742
2017-03-31 37,234 -23,117 -2,790
2016-03-31 27,629 -33,109 -7,198

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Allahabad Bank is high growth as no earnings estimate data is available.
  • Unable to determine if Allahabad Bank is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:ALBK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Allahabad Bank Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:ALBK Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:ALBK Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -58.35
2017-03-31 -3.88
2016-03-31 -12.28

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Allahabad Bank will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Allahabad Bank's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  2. Allahabad Bank's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Allahabad Bank's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Allahabad Bank has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Allahabad Bank performed over the past 5 years?

  • Allahabad Bank's last earnings update was 289 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Allahabad Bank's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Allahabad Bank does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Allahabad Bank's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Allahabad Bank's 1-year growth to the IN Banks industry average as it is not currently profitable.
Earnings and Revenue History
Allahabad Bank's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Allahabad Bank Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:ALBK Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 -21,843.90 -45,742.10 33,150.00
2017-03-31 37,233.50 -2,790.00 35,208.00
2016-03-31 27,628.60 -7,198.40 31,965.10
2015-03-31 54,790.80 6,489.90 32,701.70
2014-03-31 47,646.60 11,884.30 30,904.00
2013-03-31 42,569.40 12,118.60 26,776.00
2012-03-31 45,672.20 18,596.00 24,338.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Allahabad Bank has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Allahabad Bank has efficiently used its assets last year compared to the IN Banks industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Allahabad Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Allahabad Bank's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Allahabad Bank has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Allahabad Bank's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Allahabad Bank's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Allahabad Bank Company Filings, last reported 11 months ago.

NSEI:ALBK Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 121,562.60 214,124.20 127,870.60
2017-03-31 150,361.90 146,825.10 140,827.30
2016-03-31 150,414.20 187,143.50 135,212.60
2015-03-31 129,067.20 143,285.00 80,754.40
2014-03-31 120,412.90 121,389.80 60,203.90
2013-03-31 115,782.30 101,043.50 58,029.60
2012-03-31 107,024.30 90,993.80 57,837.30
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Allahabad Bank has an acceptable proportion of non-loan assets held.
  • Allahabad Bank's liabilities are made up of primarily low risk sources of funding.
  • Loans at Allahabad Bank are broadly funded by customer deposits.
  • Allahabad Bank's level of assets compared to its equity is very high (i.e. bank has borrowed heavily to fund lending).
  • Unable to establish if Allahabad Bank has a sufficient allowance for bad loans without relevant financial data.
  • Allahabad Bank has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Allahabad Bank's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Allahabad Bank has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Allahabad Bank's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Allahabad Bank dividends.
If you bought ₹2,000 of Allahabad Bank shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Allahabad Bank's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Allahabad Bank's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:ALBK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Banks Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 0.5%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:ALBK Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:ALBK Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2016-05-13 0.000 0.000
2015-05-08 1.630 2.368
2014-05-19 2.500 2.148
2014-05-07 2.500 2.564
2014-01-13 5.000 5.899
2013-05-07 6.000 6.796
2012-05-07 6.000 4.224
2011-05-05 6.000 3.512
2011-05-02 6.000 3.055
2010-04-30 5.500 2.718
2009-06-01 2.500 2.247
2009-03-19 3.000 5.739

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Allahabad Bank has not reported any payouts.
  • Unable to verify if Allahabad Bank's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Allahabad Bank's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Allahabad Bank has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Allahabad Bank's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Allahabad Bank afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Allahabad Bank has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Allahabad Bank's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ch. S. S. Rao
AGE 56
TENURE AS CEO 0.5 years
CEO Bio

Mr. CH. S. S. Mallikarjuna Rao has been Managing Director, CEO & Director at Allahabad Bank since September 19, 2018. Mr. Rao was Executive Director of Syndicate Bank Limited since September 15, 2016 until September 2018. Prior to joining the Bank, he served as General Manager & CFO in Oriental Bank of Commerce (“Oriental Bank”). In addition he is also a Certified Associate of Indian Institute of Bankers. He has been a professional banker for over 33 years having held position as General Manager & CFO in Oriental Bank, Assistant Vice President in erstwhile Global Trust Bank. He started his career in 1985 as a Probationary Officer in Bank of Maharashtra and has also Headed various Branches. After joining Oriental Bank he served as Regional Head & also as General Manager in charge of various departments of the Bank. He holds Bachelor’s Degree in Science (Mathematics, Physics & Chemistry), LLB, Certificate Course in Computer Orientations, Advanced Diploma in Relational Database Management System.

CEO Compensation
  • Insufficient data for Ch. S. S. to compare compensation growth.
  • Insufficient data for Ch. S. S. to establish whether their remuneration is reasonable compared to companies of similar size in India.
Management Team Tenure

Average tenure and age of the Allahabad Bank management team in years:

1.2
Average Tenure
56
Average Age
  • The average tenure for the Allahabad Bank management team is less than 2 years, this suggests a new team.
Management Team

Ch. S. S. Rao

TITLE
MD, CEO & Director
AGE
56
TENURE
0.5 yrs

Sanjay Aggarwal

TITLE
CFO and GM of Finance & Accounts
TENURE
0.9 yrs

Dina Kumar

TITLE
Chief Manager

Banambar Sahoo

TITLE
General Manager of Recovery & Law
TENURE
1.2 yrs

S. V. L. N. Rao

TITLE
General Manager of Planning
TENURE
1.2 yrs

Sanjeev Suri

TITLE
General Manager of Human Recourse
TENURE
1.2 yrs

Neelratan Nirmal Saha

TITLE
Chief Risk Officer & GM of Integrated Risk Management
TENURE
0.9 yrs

Arun Verma

TITLE
Chief Vigilance Officer
TENURE
1.9 yrs

P. Rajagopal

TITLE
Executive Director
AGE
51

K. Ramachandran

TITLE
Executive Director
AGE
57
Board of Directors Tenure

Average tenure and age of the Allahabad Bank board of directors in years:

1
Average Tenure
56.5
Average Age
  • The average tenure for the Allahabad Bank board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ch. S. S. Rao

TITLE
MD, CEO & Director
AGE
56
TENURE
0.5 yrs

P. Rajagopal

TITLE
Executive Director
AGE
51

K. Ramachandran

TITLE
Executive Director
AGE
57
TENURE
0.3 yrs

Sarath Sura

TITLE
Shareholder Director
AGE
58
TENURE
1 yrs

Bijaya Sahoo

TITLE
Shareholder Director
AGE
55
TENURE
1 yrs

Gautam Guha

TITLE
Part-Time Non-Official Director
AGE
63
TENURE
2.9 yrs

Radha Sharma

TITLE
Part-Time Non-Official Director
AGE
63

Vivek Deep

TITLE
RBI Nominee Director
AGE
52
TENURE
2.3 yrs

Rajeev Ranjan

TITLE
Government Nominee Director
AGE
57
TENURE
1.6 yrs

Parthapratim Pal

TITLE
Shareholder Director
AGE
49
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
18. Feb 19 Buy India Company 18. Feb 19 18. Feb 19 652,843,095 ₹46.78 ₹30,539,973,952
15. Oct 18 Buy India Company 15. Oct 18 15. Oct 18 389,215,046 ₹45.99 ₹17,899,985,594
29. May 18 Buy India Company 29. May 18 29. May 18 210,733,352 ₹71.18 ₹14,999,988,163
X
Management checks
We assess Allahabad Bank's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Allahabad Bank has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should You Be Worried About Allahabad Bank’s (NSE:ALBK) Liquidity?

As a small cap stock, with a market capitalisation of ₹58b, operating in the financial services industry in IN, ALBK is a complex investment. … Following the Financial Crisis in 2008, a set of reforms termed Basel III was enforced to bolster risk management, regulation, and supervision in the financial services industry. … Basel III target banking regulations to improve the sector’s ability to absorb shocks resulting from economic stress which may expose financial institutions like Allahabad Bank to vulnerabilities.

Simply Wall St -

One Thing To Remember About The Allahabad Bank (NSE:ALBK) Share Price

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

Can Allahabad Bank (NSE:ALBK) Survive The Next Financial Crisis?

The risk in investing in a small-cap business, accentuated by financial industry regulations, makes small-cap financial stocks like Allahabad Bank (NSE:ALBK) a complicated investment. … These reforms target banking regulations and intends to enhance financial institutions’ ability to absorb shocks resulting from economic stress which could expose banks like Allahabad Bank to vulnerabilities. … A bank’s financial position may rapidly deteriorate in an adverse macro event such as political instability which is why it is crucial to understand how well it manages its risks.

Simply Wall St -

Should You Be Worried About Allahabad Bank’s (NSE:ALBK) Liquidity?

View our latest analysis for Allahabad Bank NSEI:ALBK Historical Debt May 31st 18 Why Does ALBK's Leverage Matter? … This means the bank exhibits very strong leverage management and is well-positioned to repay its debtors in the case of any adverse events since it has an appropriately high level of equity relative to the debt it has taken on to remain in business. … Relative to the prudent industry loan to deposit level of 90%, Allahabad Bank’s ratio of over 71.19%is appropriately lower, which positions the bank cautiously in terms of liquidity as it has not disproportionately lent out its deposits and has retained an apt level of deposits.Next Steps: Although the bank has maintained a high level of liquidity, its above-average level of debt relative to its equity may hinder its ability to repay its large pool of debtors in unforeseen circumstances.

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What You Must Know About Allahabad Bank's (NSE:ALBK) Market Risks

A stock with a beta greater than one is considered more sensitive to market-wide shocks compared to a stock that trades below the value of one. … Based on this beta value, ALBK may be a stock for investors with a portfolio mainly made up of low-beta stocks. … With a market cap of ₹37.21B, ALBK falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies.

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Can Allahabad Bank (NSE:ALBK) Survive The Next Financial Crisis?

The disparity between the immediacy of deposits compared to the illiquid nature of loans puts pressure on the bank’s financial position if an adverse event requires the bank to repay its depositors. … Since Allahabad Bank’s loan to deposit ratio of 74.69% is within the sensible margin, below than the appropriate maximum of 90%, this level places the bank in a relatively safe liquidity position given it has not excessively lent out its deposits and has maintained a suitable level for compliance.Next Steps: Allahabad Bank ticks all the boxes for operational prudency in terms of liquidity and leverage. … High liquidity and low leverage places the bank in an ideal position to repay financial liabilities in case of adverse headwinds.

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Want To Invest In Allahabad Bank (NSE:ALBK)? Here's How It Performed Lately

To account for any quarterly or half-yearly updates, I use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … NSEI:ALBK Income Statement Feb 18th 18 We can further analyze Allahabad Bank's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past half a decade Allahabad Bank has seen an annual decline in revenue of -2.16%, on average.

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Company Info

Description

Allahabad Bank provides banking products and services in India and internationally. It operates through four segments: Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business. The company offers various deposit products, including saving and current accounts, term and flexi fix deposits, fixed deposit, double deposit plan, monthly income plan, and recurring deposits. It also provides various credit products, such as housing and furnishing loans, car loans, two-wheeler loans, education loans, commercial vehicle and home appliances finance schemes, trade and property loans, rent loans, reverse mortgage schemes, and overdraft facilities, as well as loans against national savings certificate/Kisan Vikas Patra; and personal loans for doctors. In addition, the company provides agriculture and small business loans, as well as government sponsored schemes; cash management services and gold card scheme; and international banking services. Further, it provides debit, prepaid gift, and credit cards; insurance products; online and mobile banking, bill payment services; and MSME banking services. Additionally, the company offers corporate advisory, project appraisal, issue management, loan syndication, debenture trusteeship, and underwriting services. It operates through approximately 3245 branches in India and 1 branch in Hong Kong. Allahabad Bank was founded in 1865 and is headquartered in Kolkata, India.

Details
Name: Allahabad Bank
ALBK
Exchange: NSEI
Founded: 1865
₹114,696,918,533
2,096,835,805
Website: http://www.allahabadbank.in
Address: Allahabad Bank
2, Netaji Subhas Road,
Kolkata,
West Bengal, 700001,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532480 Equity Shares Mumbai Stock Exchange IN INR 29. Nov 2002
NSEI ALBK Equity Shares National Stock Exchange of India IN INR 29. Nov 2002
Number of employees
Current staff
Staff numbers
23,967
Allahabad Bank employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 12:44
End of day share price update: 2019/03/18 00:00
Last estimates confirmation: 2017/05/17
Last earnings filing: 2018/06/02
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.