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Tamilnad Mercantile Bank Ltd Share Price – NSE / BSE
Banks, Small Cap

Invest

20 Dec 2024 | 03:59 PM

467.50

-2.20 (-0.47%)

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Underperforms Index

-8.05%

Return (1Y)

Underperformed BSE Financial Services by 18.76%
More Volatile

1.24%

Standard Deviation (1Y)

Higher than BSE Financial Services by 0.16%
Not so consistent

6/12

Months

underperformed BSE Financial Services
AxisDirect View

No View

52 Week High-Low

517

418

News & Announcements

Tamilnad Mercantile Bank jumps after Q2 PAT climbs 11% YoY to Rs 303 cr
55 days ago

Tamilnad Mercantile Bank jumps after Q2 PAT climbs 11% YoY to Rs 303 cr

29 - Oct - 2024 12:00 AM | 55 days ago

Net interest income (NII) increased by 11.82% year on year (YoY) to Rs 596crore in the quarter ended 30 September 2024. Net interest margin (NIM) increased to 4.25% in Q2 FY25 from 4.10% in Q2 FY24, an increase by 15 bps.
Operating profit gained 27.4% to Rs 465 crore in Q2 FY25 from Rs 365 crore posted in Q2 FY24.
On the asset quality front, gross non-performing assets (NPAs) amounted to Rs 584.45 crore as of 30 September 2024 as against Rs 643.84 crore as on 30 September 2023 and Rs 587.66 crore as on 30 June 2024.
Gross NPA ratio was 1.37% as of 30 September 2024 as against 1.70% as on 30 September 2023. Net NPA ratio was 0.99% as of 30 September 2024 as against 0.46% as on 30 September 2023.
Provision coverage ratio (PCR) stood at 92.56% as of 30 September 2024.
Deposits of the bank stood at Rs 49,342 crore as of 30 September 2024, recording a growth of 4.29% YoY. Total advances of the bank stood at Rs 42,533 crore as of 30 September 2024, up by 12.59% YoY.
CRAR stood at 29.59 as at 30 September 2024 as against 26.04% as of 30 September 2023.
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.
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Tamilnad Mercantile Bank standalone net profit rises 10.85% in the September 2024 quarter
55 days ago

Tamilnad Mercantile Bank standalone net profit rises 10.85% in the September 2024 quarter

29 - Oct - 2024 12:00 AM | 55 days ago

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.
Particulars Quarter Ended
Sep. 2024 Sep. 2023 % Var.
Total Operating Income 1337.41 1209.16 11
OPM % 68.35 71.31 -
PBDT 400.27 341.83 17
PBT 400.27 341.83 17
NP 303.18 273.51 11
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Tamilnad Mercantile Bank to declare Quarterly Result
75 days ago

Tamilnad Mercantile Bank to declare Quarterly Result

09 - Oct - 2024 12:00 AM | 75 days ago

Tamilnad Mercantile Bank will hold a meeting of the Board of Directors of the Company on 28 October 2024.
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Tamilnad Mercantile Bank appoints Director
87 days ago

Tamilnad Mercantile Bank appoints Director

27 - Sep - 2024 12:00 AM | 87 days ago

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.
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Price vs Volume

Stock Trivia

FII shareholding in Tamilnad Mercantile Bank Ltd has increased by 11.21% since past 3 Months
MF shareholding in Tamilnad Mercantile Bank Ltd has decreased by -98.97% since past 3 Months
FII shareholding in Tamilnad Mercantile Bank Ltd has increased by 98.13% since past 1 Year
MF shareholding in Tamilnad Mercantile Bank Ltd has decreased by -98.23% since past 1 Year

Peer Comparison on Risk - Return

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Particulars	Quarter Ended
	Sep. 2024	Sep. 2023	% Var.
Total Operating Income	1337.41	1209.16	11
OPM %	68.35	71.31	-
PBDT	400.27	341.83	17
PBT	400.27	341.83	17
NP	303.18	273.51	11

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Tamilnad Mercantile Bank Ltd Share Price – NSE / BSE Banks, Small Cap

467.50 -2.20 (-0.47%)

News & Announcements

Price vs Volume

Stock Trivia

Tamilnad Mercantile Bank Ltd Share Price – NSE / BSE
Banks, Small Cap

467.50

-2.20 (-0.47%)