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Tamilnad Mercantile Bank Ltd

NSE: TMB · BSE: 543596 · Banking and Finance · 33 announcements

Tamilnad Mercantile Bank Ltd news stories on ALFA NewsRead the news →
Share price
₹880.00
Market cap
₹13,935 Cr
Revenue (annual)
₹5,819 Cr
Net profit (annual)
₹1,338 Cr
P/E (TTM)
9.7×Sector 21.9×
Promoter holding
0.00%+0.00% QoQ
FII holding
6.73%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

15:06 IST BSE
Capacity Expansion

Tamilnad Mercantile Bank Capacity Expansion

Tamilnad Mercantile Bank Limited will open a new branch in Thiruvottiyur, Tamil Nadu. The branch is scheduled to commence operations on August 27, 2026.

19:55 IST NSE
Results Update

Tamilnad Mercantile Bank Results Update

Tamilnad Mercantile Bank reported Q1 FY27 results, showing strong growth in business, deposits, and profitability. Net profit surged 34.97% YoY to ₹411.51 crore.

19:31 IST NSE
Other Announcement

Tamilnad Mercantile Bank Other Announcement

Tamilnad Mercantile Bank Limited has transitioned to a new email domain, '@tmb.bank.in', in compliance with RBI guidelines. The old domain remains active for 30 days.

19:45 IST BSE
Legal & Regulatory

Tamilnad Mercantile Bank Legal & Regulatory

Appellate Tribunal reduced Tamilnad Mercantile Bank's FEMA penalty from ₹17 Crore to ₹3.40 Crore. The bank expects a ₹13.60 Crore refund from the Enforcement Directorate.

Value
₹4.88 Cr
19:33 IST NSE
Legal & Regulatory

Tamilnad Mercantile Bank Legal & Regulatory

Tamilnad Mercantile Bank's FEMA penalty was reduced from Rs.17 Crore to Rs.3.40 Crore. The bank is eligible for a Rs.13.60 Crore refund of deposited amounts.

Value
₹3.40 Cr
20:18 IST NSE
Legal & Regulatory

Tamilnad Mercantile Bank Legal & Regulatory

Tamilnad Mercantile Bank announced that the SAFEMA Appellate Tribunal dismissed an ED appeal regarding share confiscation. The ruling pertains to alleged FEMA violations with no material financial impact.

18:47 IST NSE
Annual General Meeting

Tamilnad Mercantile Bank Annual General Meeting

Tamilnad Mercantile Bank concluded its 104th AGM. Shareholders approved a ₹12.50 per share dividend and the re-appointment of directors and statutory auditors.

14:22 IST NSE
Management Change

Tamilnad Mercantile Bank Management Change

Tamilnad Mercantile Bank shareholders approved the re-appointment of Thiru.C.Chiranjeeviraj as Non-Executive Independent Director. His second term runs from July 2026 to October 2028.

Execution
2 years and 3 months
19:42 IST BSE
Board Meeting Date

Tamilnad Mercantile Bank Board Meeting Date

Tamilnad Mercantile Bank scheduled a board meeting on July 27, 2026. The board will consider un-audited financial results for the quarter ended June 30, 2026.

17:23 IST NSE
Business Update

Tamilnad Mercantile Bank Business Update

Tamilnad Mercantile Bank shared business updates for June 2026. Total business grew by 23.04% year-on-year to reach ₹1,21,715 Crore.

19:05 IST BSE
Capacity Expansion

Tamilnad Mercantile Bank Capacity Expansion

Tamilnad Mercantile Bank is opening a new branch at CBD Belapur, Navi Mumbai. The branch is scheduled to open on June 30, 2026.

20:02 IST NSE
Credit Rating

Tamilnad Mercantile Bank Credit Rating

CRISIL reaffirmed TMB's credit ratings on fixed deposits, short-term deposits, and CDs. The stable outlook reflects continued credit strength.

16:46 IST NSE
Business Update

Tamilnad Mercantile Bank Business Update

Tamilnad Mercantile Bank revised its MCLR across various tenors effective June 7, 2026. This adjustment reflects the bank's updated cost of funds and impacts lending yields.

19:40 IST NSE
Management Change

Tamilnad Mercantile Bank Management Change

Tamilnad Mercantile Bank promoted Mr. T. Arunmolian to Vice President, Head of Legal. Effective June 1, 2026, this internal leadership elevation strengthens the bank's senior management.

19:04 IST BSE
Board Meeting Outcome

Tamilnad Mercantile Bank Board Meeting Outcome

Tamilnad Mercantile Bank scheduled its 104th AGM for July 14, 2026. The board also fixed June 12, 2026, as the record date for dividend payments.

15:30 IST NSE
Capacity Expansion

Tamilnad Mercantile Bank Capacity Expansion

Tamilnad Mercantile Bank Limited is opening a new branch in Okkur, Tamil Nadu on May 29, 2026. This move expands the bank's regional operational presence.

14:06 IST BSE
Other Announcement

Tamilnad Mercantile Bank Other Announcement

Tamilnad Mercantile Bank submitted its Annual Secretarial Compliance Report for the financial year 2026. This mandatory regulatory filing provides a detailed overview of governance compliance.

10:48 IST NSE
Capacity Expansion

Tamilnad Mercantile Bank Capacity Expansion

Tamilnad Mercantile Bank will open a new branch in Tirur, Kerala on May 21, 2026. This expansion broadens the bank's operational reach and presence.

20:01 IST NSE
Legal & Regulatory

Tamilnad Mercantile Bank Legal & Regulatory

Tamilnad Mercantile Bank received a rectification order reducing its income tax demand to ₹2.93 Crore. This revision significantly lowers the bank's potential tax liability.

Value
₹2.93 Cr
17:45 IST NSE
Earnings Call

Tamilnad Mercantile Bank Earnings Call: Key Takeaways

TMB reported strong FY26 results with Net Profit reaching ₹1,338 Cr and NIM at 3.98%. The bank is undergoing a leadership-led transformation focused on digital expansion and MSME growth.

16:31 IST NSE
Earnings Call

Tamilnad Mercantile Bank Earnings Call: Key Takeaways

TMB reported record Q4FY26 PAT of ₹373.65 Cr and 17.37% YoY business growth, driven by ex-SBI leadership transformation and strong asset quality (GNPA 0.73%).

19:19 IST NSE
Earnings Call

Tamilnad Mercantile Bank Earnings Call: Key Takeaways

TMB reported a strong Q4 FY26 with net profit rising 28% YoY to ₹373.65cr. Strategy focuses on CASA growth and MSME expansion while maintaining high asset quality.

21:13 IST NSE
Results Update

Tamilnad Mercantile Bank Results Update

Tamilnad Mercantile Bank reported its highest-ever quarterly profitability, with FY26 Net Profit surging 13.10% to ₹1337.55 Crore. The bank expanded its footprint by opening 44 new branches during the year. Key metrics improved, with Net NPA falling to 0.18% and CRAR rising to 33.73%. A final dividend of ₹12.50 per share was recommended.

Value
₹1,338 Cr
20:03 IST NSE
Earnings Call

Tamilnad Mercantile Bank Earnings Call: Key Takeaways

Tamilnad Mercantile Bank (TMB) significantly outperformed its FY26 guidance across all key metrics, driven by aggressive gold loan growth and core business transformation despite rising industry-wide deposit challenges.

15:45 IST NSE
Dividend

Tamilnad Mercantile Bank Dividend

Tamilnad Mercantile Bank Limited has recommended a final dividend of ₹12.50 per equity share for the 2025-2026 financial year. The record date and General Meeting date for shareholder approval will be announced in due course. This distribution marks a significant return to shareholders based on the bank's annual performance.

Execution
FY 2025-2026