Tamilnad Mercantile Bank News and Updates

Keep track of all breaking news on Tamilnad Mercantile Bank from all sources in a single place.

27 Jul 2026

874.80

2.26%

TMB posts record Q1 net profit of 412 cr on improved asset quality, income

Business Standard

Private sector lender reports record quarterly earnings on improved asset quality, higher income and business growth, while targeting higher FCNR(B) deposits

Tamilnad Mercantile Bank Ltd. is trading above its 200 day SMA of 723.5

Tamilnad Mercantile Bank Q1 net profit up 35% at 412 crore on core business growth

Business Line | 27 Jul 2026 2 more

Tamilnad Mercantile Bank Ltd.

27 Jul 2026

874.80

2.26%

Tamilnad Mercantile Bank Results Earnings Call for Q1FY27

Conference Call with Tamilnad Mercantile Bank Management and Analysts on Q1FY27 Performance and Outlook. Listen to the full earnings transcript.

audio

Tamilnad Mercantile Bank Ltd.

27 Jul 2026

874.80

2.26%

to see Rapid results content

Tamilnad Mercantile Bank Ltd.

06 Jul 2026

874.80

2.26%

Tamilnad Mercantile Bank ups MCLR by 10 bps

Business Line

Number of FII/FPI investors increased from 150 to 166 in Jun 2026 qtr.

Tamilnad Mercantile Bank Ltd.

01 Jul 2026

874.80

2.26%

Advances growth outpaces deposits at smaller private banks in Q1 FY27

Business Standard

South Indian Bank, Tamilnad Mercantile Bank and Dhanlaxmi Bank reported stronger growth in advances than deposits during the April-June quarter of FY27

Tamilnad Mercantile Bank has gained 36.34% in the last 6 Months

Tamilnad Mercantile Bank Ltd.

27 Apr 2026

874.80

2.26%

Tamilnad Mercantile Bank net profit jumps 28% on core income growth

Business Standard

The Tamilnad Mercantile Bank (TMB) on Monday reported a 28 per cent rise in its net profit to Rs 373.65 crore in the last quarter of FY2025-26, helped by an expansion in the net interest margin. The bank had reported a net profit of Rs 291.90 crore in the same quarter of the last fiscal. "For the first time, we are seeing the core business, the core business of deposits, deposit taking and lending, is driving the profit. This has resulted in the net interest income going up 24 per cent," Salee S Nair, managing director and chief executive officer of the bank, said. The core net interest income rose 24.04 per cent year-on-year to Rs 704.45 crore in Q4FY26, from Rs 567.92 crore in a similar quarter a year ago. In the reporting quarter, net interest margins (NIM) of the bank improved to 4.18 per cent, from 4.04 per cent in a quarter ago period, and 3.91 per cent in a year ago period, while the advances grew over 20 per cent. The bank is targeting to maintain the advances growth in FY

Tamilnad Mercantile Bank has gained 102.76% in the last 1 Year

Tamilnad Mercantile Bank profit jumps 28% on strong growth

Economic Times | 27 Apr 2026 2 more

Tamilnad Mercantile Bank Ltd.

27 Apr 2026

874.80

2.26%

to see Rapid results content

Tamilnad Mercantile Bank Ltd.

26 Apr 2026

874.80

2.26%

Banking on valuation comfort

Business Line

With growth back on track in the second half of FY26 and expected to continue into FY27, Tamilnad Mercantile Bank's risk-reward equation is favourable

Number of FII/FPI investors increased from 150 to 166 in Jun 2026 qtr.

Tamilnad Mercantile Bank Ltd.

11 Feb 2026

874.80

2.26%

TMB to shift 50% workforce into sales roles in 2 yrs amid tech automation

Business Line

Paperwork led to the usage of 150 offices just for storing the paperwork and added that over the last year, it has been reduced to 30 offices as it appointed two private document storing companies, says Salee S Nair, TMB MD & CEO