Tamilnad Mercantile Bank Ltd

Net profit of Tamilnad Mercantile Bank rose 34.97% to Rs 411.51 crore in the quarter ended June 2026 as against Rs 304.89 crore during the previous quarter ended June 2025. Total Operating Income rose 19.92% to Rs 1662.43 crore in the quarter ended June 2026 as against Rs 1386.24 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Total Operating Income1662.431386.24 20 OPM %73.1570.65 - PBDT557.14403.92 38 PBT557.14403.92 38 NP411.51304.89 35 Powered by Capital Market - Live

Profit before provisions and contingencies jumped 48.22% YoY to Rs 611.07 crore in the quarter ended 30 June 2026. In Q1 FY27, net interest income (NII) jumped 32.01% YoY to Rs 765.08 crore. Total deposits stood at Rs 64,409 crore in Q1 FY27, up 19.71% compared with Rs 53,803 crore in Q1 FY26. CASA increased 16.94% YoY to Rs 16,852 crore in Q1 FY27. Gross advances climbed 27.01% to Rs 57,306 crore in Q1 FY27 compared with Rs 45,120 crore in Q1 FY26. The gross NPA ratio declined to 0.69% as of June 2026 from 1.22% as of June 2025 and 0.73% as of March 2026, while the net NPA ratio improved to 0.17% as of June 2026 from 0.33% as of June 2025 and 0.18% as of March 2026. The capital adequacy ratio (CAR) and CET1 ratio stood at 31.30% and 29.99%, respectively, at the end of 30 June 2026. Tamilnad Mercantile Bank (TMB) is one of the renowned old private sector banks, having its headquarters in Thoothukudi (Tamil Nadu).Powered by Capital Market - Live

Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 27 July 2026.

Tamilnad Mercantile Bank announced that the Marginal Cost of Funds Based Lending Rate (MCLR) of the Bank will be revised with effect from 07 July 2026 as detailed below: Overnight - 7.70% One month - 7.70% Three month - 8.40% Six month - 8.95% One year - 9.35%

Total business increased 23.04% year-on-year and 5.76% quarter-on-quarter to Rs 1,21,715 crore as of 30 June 2026. Total advances jumped 27.01% year-on-year and 7.36% quarter-on-quarter to Rs 57,306 crore, while total deposits rose 19.71% year-on-year and 4.37% quarter-on-quarter to Rs 64,409 crore. CASA deposits stood at Rs 16,852 crore, up 16.94% year-on-year but down 2.95% from Rs 17,365 crore as of 31 March 2026. The bank said the figures are provisional and subject to limited review by its statutory central auditors. Tamilnad Mercantile Bank (TMB) is one of the renowned old private sector banks, having its headquarters in Thoothukudi (Tamil Nadu). The bank's standalone net profit jumped 28.01% to Rs 373.65 crore on 16.22% increase in total income to Rs 1792.14 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live

Tamilnad Mercantile Bank announced that the 104th Annual General Meeting(AGM) of the bank will be held on 14 July 2026.

Tamilnad Mercantile Bank is opening a new branch at Tirur, Malapuram District in Kerala on 21 May 2026.

Profit before provisions and contingencies jumped 29.28% YoY to Rs 522.31 crore in the quarter ended 31st March 2026. In Q4 FY26, net interest income (NII) jumped 15.5% YoY to Rs 1,550.38 crore while NII margin increased 27 bps YoY to 4.18%. Total deposits stood at Rs 61,712 crore in Q4 FY26, up 14.94% compared with Rs 53,689 crore in Q4 FY25. CASA increased 22.35% YoY to Rs 17,365 crore in Q4 March 2026. Gross advances climbed 20.32% to Rs 53,379 crore in Q4 FY26 compared with Rs 44,366 crore in Q4 FY25. The gross NPA ratio declined to 0.73% as of March 2026 from 0.91% as of December 2025 and 1.25% as of March 2025, while the net NPA ratio improved to 0.18% as of March 2026 from 0.20% as of December 2025 and 0.36% as of March 2025. The capital adequacy ratio (CAR) and CET1 ratio stood at 33.73% and 32.27%, respectively, at the end of 31st March 2026. On full year basis, the company's standalone net profit increased 13.1% to Rs 1,337.55 crore on 9.03% rise in total income to Rs 6,696.49 crore in FY26 over FY25. Meanwhile, the company's board recommended final dividend of Rs 12.50 per share of face value of Rs 10 each for FY26. Tamilnad Mercantile Bank (TMB) is one of the renowned old private sector banks, having its headquarters in Thoothukudi (Tamil Nadu).

Tamilnad Mercantile Bank announced that the Board of Directors of the Company at its meeting held on 27 April 2026, inter alia, have recommended the final dividend of Rs 12.5 per equity Share (i.e. 125%) , subject to the approval of the shareholders.

Net profit of Tamilnad Mercantile Bank rose 28.01% to Rs 373.65 crore in the quarter ended March 2026 as against Rs 291.90 crore during the previous quarter ended March 2025. Total Operating Income rose 15.56% to Rs 1550.38 crore in the quarter ended March 2026 as against Rs 1341.68 crore during the previous quarter ended March 2025. For the full year,net profit rose 13.10% to Rs 1337.55 crore in the year ended March 2026 as against Rs 1182.61 crore during the previous year ended March 2025. Total Operating Income rose 9.98% to Rs 5819.42 crore in the year ended March 2026 as against Rs 5291.26 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Total Operating Income1550.381341.68 16 5819.425291.26 10 OPM %71.4571.56 -72.5470.21 - PBDT503.52386.78 30 1806.601574.89 15 PBT503.52386.78 30 1806.601574.89 15 NP373.65291.90 28 1337.551182.61 13 Powered by Capital Market - Live