What is the share price of Tamilnad Mercantile Bank Ltd (TMB) today?
The share price of TMB as on 24th March 2025 is ₹425.85. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Tamilnad Mercantile Bank Ltd (TMB) share?
The past returns of Tamilnad Mercantile Bank Ltd (TMB) share are- Past 1 week: 1.62%
- Past 1 month: -0.14%
- Past 3 months: -9.65%
- Past 6 months: -12.04%
- Past 1 year: -8.56%
- Past 3 years: N/A%
- Past 5 years: -17.00%
What are the peers or stocks similar to Tamilnad Mercantile Bank Ltd (TMB)?
The peers or stocks similar to Tamilnad Mercantile Bank Ltd (TMB) include:What is the dividend yield % of Tamilnad Mercantile Bank Ltd (TMB) share?
The current dividend yield of Tamilnad Mercantile Bank Ltd (TMB) is 2.36.What is the market cap of Tamilnad Mercantile Bank Ltd (TMB) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Tamilnad Mercantile Bank Ltd (TMB) is ₹6698.27 Cr as of 24th March 2025.What is the 52 week high and low of Tamilnad Mercantile Bank Ltd (TMB) share?
The 52-week high of Tamilnad Mercantile Bank Ltd (TMB) is ₹513.55 and the 52-week low is ₹403.70.What is the PE and PB ratio of Tamilnad Mercantile Bank Ltd (TMB) stock?
The P/E (price-to-earnings) ratio of Tamilnad Mercantile Bank Ltd (TMB) is 6.25. The P/B (price-to-book) ratio is 0.85.Which sector does Tamilnad Mercantile Bank Ltd (TMB) belong to?
Tamilnad Mercantile Bank Ltd (TMB) belongs to the Financials sector & Private Banks sub-sector.How to buy Tamilnad Mercantile Bank Ltd (TMB) shares?
You can directly buy Tamilnad Mercantile Bank Ltd (TMB) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Tamilnad Mercantile Bank Ltd
TMB Share Price
425.850.67% (+2.85)
TMB Share Price Chart
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TMB Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 5.86 | 0.85 | 2.36% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.41 | 2.42 | 0.99% |
TMB Analyst Ratings & Forecast
Detailed Forecast —
Forecast data is currently unavailable for this stockPrice Upside
Earnings Growth
Rev. Growth
TMB Company Profile
Tamilnad Mercantile Bank is an India-based private sector bank. The bank operates through four segments: Treasury, Corporate / Wholesale Banking, and Retail Banking.
Investor Presentation
View olderTMB Similar Stocks (Peers)
Compare with peersHDFCBANK
PE Ratio
21.15
1Y Return
22.45%
Buy Reco %
85.37
ICICIBANK
PE Ratio
21.44
1Y Return
24.15%
Buy Reco %
92.50
KOTAKBANK
PE Ratio
22.70
1Y Return
17.32%
Buy Reco %
83.33
AXISBANK
PE Ratio
12.56
1Y Return
3.34%
Buy Reco %
80.49
IDBI
PE Ratio
15.12
1Y Return
0.96%
Buy Reco %
0.00
TMB Sentiment Analysis
New
Crisp summary & key insights to decode earnings calls instantly
TMB Stock Summary · February 2025
The bank has demonstrated robust growth, achieving a 10.4% increase in total business and a 13.7% rise in advances, despite facing challenges in the retail segment and corporate sector. Strategic initiatives, including automation in credit management and expansion beyond Tamil Nadu, aim to enhance operational efficiency and deposit growth, with management projecting over 8% growth in deposits. While profitability remains strong, with a 10% increase in operating profit, concerns about rising costs and a flat CASA deposit growth persist. The bank's commitment to improving asset quality is evident, as reflected in reduced non-performing assets and a strengthened capital adequacy ratio, positioning it favorably for future opportunities amidst a cautiously optimistic market sentiment.
Key Points on TMB Stock Performance
TMB Stock Growth Drivers
6Strong Financial Performance
Tamilnad Mercantile Bank has reported significant financial achievements, including a 10% year-on-year increase in operating
Business Growth and Expansion
The bank achieved a total business growth of 10.4%, up from 4.8% in FY '24,
TMB Stock Challenges
6Concerns Over CASA Deposits
The bank's Current Account Savings Account (CASA) deposits have remained flat both year-on-year and quarter-on-quarter,
Pressure on Net Interest Margins (NIMs) and Return on Assets (ROA)
There are concerns regarding the pressure on net interest margins (NIMs) and return on assets
TMB Forecasts
Price
Revenue
Earnings
TMB Share Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeTMB Company Revenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeTMB Stock EPS (Earnings Per Share) Forecast
Hmm, looks like data is unavailable here. Please come back after some timeTMB
Income
Balance Sheet
Cash Flow
Annual Normal View
TMB Income Statement
Annual Normal View
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 3,570.67 | 3,811.47 | 3,756.61 | 3,638.80 | 3,992.53 | 4,253.40 | 4,646.12 | 4,710.15 | 5,492.86 | 6,017.30 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 4,486.18 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 349.95 | 377.84 | 362.14 | 375.31 | 435.54 | 560.50 | 615.79 | 618.67 | 685.91 | |||||||||||
| Selling & Administrative Expenses | 142.22 | 156.14 | 158.97 | 161.90 | 171.19 | 170.22 | 198.78 | 217.68 | 240.63 | |||||||||||
| Operating & Other expenses | 2,495.99 | 2,744.87 | 2,886.12 | 2,807.44 | 2,770.83 | 2,695.76 | 2,673.75 | 2,426.25 | 3,097.56 | |||||||||||
EBITDA | 582.51 | 532.62 | 349.38 | 294.15 | 614.97 | 826.92 | 1,157.80 | 1,447.55 | 1,468.76 | 1,531.12 | ||||||||||
| Depreciation/Amortization | 33.45 | 40.28 | 39.67 | 35.56 | 30.08 | 28.56 | 33.19 | 53.92 | 75.17 | — | ||||||||||
| PBIT | 549.06 | 492.34 | 309.71 | 258.59 | 584.89 | 798.36 | 1,124.61 | 1,393.63 | 1,393.59 | 1,531.12 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 549.06 | 492.34 | 309.71 | 258.59 | 584.89 | 798.36 | 1,124.61 | 1,393.63 | 1,393.59 | 1,531.12 | ||||||||||
| Taxes & Other Items | 146.90 | 175.67 | 87.79 | 0.00 | 177.20 | 195.03 | 302.70 | 364.38 | 321.55 | 387.35 | ||||||||||
| Net Income | 402.16 | 316.67 | 221.92 | 258.59 | 407.69 | 603.33 | 821.91 | 1,029.25 | 1,072.04 | 1,143.77 | ||||||||||
| EPS | 28.22 | 22.22 | 15.57 | 18.15 | 28.61 | 42.34 | 57.67 | 68.42 | 67.70 | 72.23 | ||||||||||
| DPS | 3.76 | 3.20 | 3.20 | 2.40 | 3.86 | 0.00 | 5.00 | 5.00 | 10.00 | 10.00 | ||||||||||
| Payout ratio | 0.13 | 0.14 | 0.21 | 0.13 | 0.13 | 0.00 | 0.09 | 0.07 | 0.15 | 0.14 |
TMB Company Updates
FY 2025
Investor Presentation
Jan 29PDF
Oct 29PDF
TMB Past Performance & Peer Comparison
Comparing 3 stocks from
FinancialsPrivate Banks
Compare valuation on Screener
FinancialsPrivate Banks
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Tamilnad Mercantile Bank Ltd | 6.25 | 0.85 | 2.36% |
| HDFC Bank Ltd | 21.15 | 2.88 | 1.09% |
| ICICI Bank Ltd | 21.44 | 3.51 | 0.74% |
| Kotak Mahindra Bank Ltd | 22.70 | 3.18 | 0.10% |
TMB Stock Price Comparison
Compare TMB with any stock or ETFCompare TMB with any stock or ETF
TMB
TMB Shareholdings
TMB Promoter Holdings Trend
Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
TMB Institutional Holdings Trend
Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock
In last 3 months, foreign institutional holding of the company has almost stayed constant
TMB Shareholding Pattern
TMB Shareholding History
Foreign Institutions
Mutual Funds Invested in TMB
A list of mutual funds holding the stock, ranked on the basis of Market-cap held which is calculated as the value of stock held in the portfolio divided by its market cap
Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 1 Mutual Funds holding Tamilnad Mercantile Bank Ltd
| Funds (Top 1) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 0.0008% | Percentage of the fund’s portfolio invested in the stock 0.03% | Change in the portfolio weight of the stock over the last 3 months -0.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 318/514 (+22) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases containing TMB stock
Looks like this stock is not in any smallcase yet.
TMB Events
TMB Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
TMB Upcoming Dividends
No upcoming dividends are available
TMB Past Dividends
Cash Dividend
Ex DateEx DateSep 20, 2024
Final
Final | Div/Share: ₹10.00
Dividend/Share
₹10.00
Ex DateEx Date
Sep 20, 2024
Cash Dividend
Ex DateEx DateAug 29, 2023
Final
Final | Div/Share: ₹5.00
Dividend/Share
₹5.00
Ex DateEx Date
Aug 29, 2023
Cash Dividend
Ex DateEx DateFeb 24, 2023
Interim
Interim | Div/Share: ₹5.00
Dividend/Share
₹5.00
Ex DateEx Date
Feb 24, 2023
TMB Stock News & Opinions
Articles & Videos
Spotlight
Tamilnad Mercantile Bank gains on appointing Sanjoy Kumar Goel as CFO
Sanjoy Kumar Goel is a qualified Chartered Accountant and completed his bachelor's degree at Allahabad University. Goel began his career with the State Bank of India (SBI) in 1988 and served as General Manager and Deputy CFO of SBI from October 2020 to September 2023. Goel is an experienced finance professional with more than 34 years of in-depth experience in financial analysis, derivative instruments, treasury, and risk management. Additionally, he has served in various assignments in both domestic and foreign countries related to financial reporting and tax management. 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 and micro, small, and medium enterprises (MSMEs). The bank's standalone net profit jumped 5.6% to Rs 300.24 crore on a 9.6% increase in total income to Rs 1,519.94 crore in Q3 FY25 over Q3 FY24. Powered by Capital Market - Live
2 days agoCapital Market - Live
Earnings
Tamilnad Mercantile Bank standalone net profit rises 5.63% in the December 2024 quarter
Net profit of Tamilnad Mercantile Bank rose 5.63% to Rs 300.24 crore in the quarter ended December 2024 as against Rs 284.23 crore during the previous quarter ended December 2023. Total Operating Income rose 8.29% to Rs 1331.02 crore in the quarter ended December 2024 as against Rs 1229.15 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Total Operating Income1331.021229.15 8 OPM %73.3473.38 - PBDT404.44367.83 10 PBT404.44367.83 10 NP300.24284.23 6 Powered by Capital Market - Live
1 month agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank announces board meeting date
Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 29 January 2025.Powered by Capital Market - Live
2 months agoCapital Market - Live
Earnings
Tamilnad Mercantile Bank standalone net profit rises 10.85% in the September 2024 quarter
Net profit of Tamilnad Mercantile Bank rose 10.85% to Rs 303.18 crore in the quarter ended September 2024 as against Rs 273.51 crore during the previous quarter ended September 2023. Total Operating Income rose 10.61% to Rs 1337.41 crore in the quarter ended September 2024 as against Rs 1209.16 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income1337.411209.16 11 OPM %68.3571.31 - PBDT400.27341.83 17 PBT400.27341.83 17 NP303.18273.51 11 Powered by Capital Market - Live
4 months agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank to declare Quarterly Result
Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
5 months agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank appoints Director
Shri.Vincent Menachery Devassy, pursuant to the approval of the Reserve Bank of India has joined Tamilnad Mercantile Bank as Whole-Time Director (Executive Director) of the Bank with effect from 27 September 2024.Powered by Capital Market - Live
5 months agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank appoints director
Tamilnad Mercantile Bank has appointed Vincent Menachery Devassy (DIN: 09850306) as the Whole Time Director (Executive Director) of the Bank on 27 September 2024. Powered by Capital Market - Live
5 months agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank to hold AGM
Tamilnad Mercantile Bank announced that the 102th Annual General Meeting (AGM) of the bank will be held on 27 September 2024.Powered by Capital Market - Live
6 months agoCapital Market - Live
Corporate
Tamilnad Mercantile Bank appoints director
Tamilnad Mercantile Bank announced the appointment of R.Kanagavalli (DIN - 00883998) as an Additional Director (Independent) on the Board of the Bank, for a period of three years, with effect from 19 August 2024, subject to the approval of the Shareholders.Powered by Capital Market - Live
7 months agoCapital Market - Live
Spotlight
RBI approves appointment of Salee Nair as MD & CEO of Tamilnad Mercantile Bank
Salee Nair, a post graduate in Applied Electronics, started his banking career in the year 1987. He joined State Bank of India as a probationary officer. In a career span of more than 35 years, he has handled various assignments, mostly in the Corporate A/c Group, handling large Corporates. He also had two assignments in the International Banking group of SBI, first at New York, USA and later heading the Australian Operations based at Sydney. The private sector bank also stated that the appointment is subject to the approval of the shareholders. Tamilnad Mercantile Bank is one of the renowned old private sector banks. TMB has a pan India presence with 536 branches, 1,149 ATMs and 324 CRMs The bank's net profit jumped 11.54% to Rs 261.53 crore on 15.86% increase in total income to Rs 1,322.89 crore in Q1 FY24 over Q1 FY23. The scrip rose 0.93% to close at Rs 451.15 on Friday, 16 August 2024.Powered by Capital Market - Live
7 months agoCapital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 8.58%, vs industry avg of 16.68%
Over the last 5 years, market share decreased from 0.67% to 0.46%
Over the last 5 years, net income has grown at a yearly rate of 32.9%, vs industry avg of 43.24%