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Incorporated in 1921, Tamilnad Mercantile Bank (TMB) is one of the oldest private sector banks in India. It offers an array of banking and financial services to retail customers, micro, small, and medium enterprises (MSMEs).
Tamilnad Mercantile Bank delivered strong Q1FY27 financial results for the quarter. **Business Performance:** Total business grew 23.04% YoY to ₹1,21,715 Cr, driven by advances up 27.01% YoY to ₹57,306 Cr, with RAM segments showing robust growth. Deposits rose 19.71% YoY to ₹64,409 Cr. Net Interest Income (NII) surged 32.01% YoY...
TMB delivered strong FY26 results with deposits growing 14.94% to ₹61,712 crore and advances up 20.32% to ₹53,379 crore. Net Profit (PAT) increased 13.10% to ₹1,338 crore. Total business surged 17.37% YoY in Q4 FY26, hitting ₹1,15,092 crore. The bank maintains a high-quality RAM portfolio, with gold loans comprising nearly...
**Business Performance:** Tamilnad Mercantile Bank reported strong FY26 results, with Advances growing 20.32% YoY to ₹53,379 Cr and Deposits up 14.94% YoY to ₹61,712 Cr. Net Profit (PAT) jumped 13.10% YoY to ₹1,338 Cr, including a record Q4FY26 PAT of ₹374 Cr. Asset quality remains stellar with GNPA at 0.73%...
Here's a concise summary for retail investors: Tamilnad Mercantile Bank delivered a strong performance in Q4FY26 & FY26! 🚀 **1. Business Performance:** Net Profit surged 28.01% YoY in Q4 to ₹373.65 Cr, with full-year FY26 profit at ₹1,337.55 Cr (+13.10% YoY). Total business crossed ₹1,15,091 Cr (+17.37% YoY). Advances grew...
Tamilnad Mercantile Bank delivered strong Q3FY26 results, showing accelerating momentum. **Business Performance:** Total Business grew 14.28% YoY to ₹1,07,470 Cr. Deposits increased 12.53% to ₹56,707 Cr, with CASA up 14.94%. Advances rose 16.30% to ₹50,763 Cr, driven by RAM advances. Asset quality significantly improved: GNPA down to 0.91% and NNPA...