T N Merc. Bank

Which are the latest news on T N Merc. Bank?

Why is Tamilnad Mercantile Bank Ltd falling/rising?

As of 05-Sep, Tamilnad Mercantile Bank Ltd's stock is experiencing a decline of -1.28% after a period of gains, but it has shown strong performance over the past week and year. Despite the recent drop, the stock remains close to its 52-week high and has positive long-term fundamentals.

As of 05-Sep, Tamilnad Mercantile Bank Ltd's stock price is currently falling, as indicated by a change of -12.1, or -1.28%. This decline comes after a brief period of gains, as the stock has fallen following two consecutive days of increases. Despite this recent downturn, the stock has shown strong performance over various time frames, including a 5.20% increase over the past week and an impressive 118.98% rise over the past year.<BR><BR>The stock is currently trading close to its 52-week high, just 1.4% away from Rs 947.7, which suggests that it has been performing well overall. However, it underperformed its sector today by -1.54%. The stock's moving averages indicate a positive trend, as it is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.<BR><BR>Investor participation appears to be increasing, with a notable rise in delivery volume, which was up by 3.72% against the 5-day average. Additionally, the bank's strong fundamentals, such as a high Capital Adequacy Ratio of 26.80% and a consistent growth in operating profit, support a generally positive outlook for the stock. However, the recent price drop may be attributed to profit-taking or market corrections after its significant gains. Overall, while the stock is currently experiencing a decline, its long-term performance remains robust.

Who are in the management team of T N Merc. Bank?

The management team of T N Merc. Bank includes Chairman Balakrishnan Prabaharan, Managing Director & CEO S Krishnan, and several Non-Executive and Independent Directors, along with nominees from the RBI and a Company Secretary. They oversee the bank's strategic direction and governance.

The management team of T N Merc. Bank includes the following members:<BR><BR>1. **Balakrishnan Prabaharan** - Chairman & Independent Director<BR>2. **S Krishnan** - Managing Director & CEO<BR>3. **Niranjan Sankar Annamalai** - Non-Executive Director<BR>4. **P C G Asok Kumar** - Non-Executive Director<BR>5. **Ashok Shanmugam Rajendran** - Non-Executive Director<BR>6. **Dhanushkodi N Nirranjan Kani** - Non-Executive Director<BR>7. **Chiranjeevi Raj C.** - Independent Non-Executive Director<BR>8. **Shivavel Ezhil Jothi** - Independent Non-Executive Director<BR>9. **Balasubramanian Vijayadurai** - Independent Non-Executive Director<BR>10. **Nagarajan Kandavel** - Independent Non-Executive Director<BR>11. **B S Keshava Murthy** - Director<BR>12. **Babu Suresh Kumar S.** - Nominee (RBI)<BR>13. **C S Ram Kumar** - Nominee (RBI)<BR>14. **S Ravindran** - Independent Non-Executive Director<BR>15. **Prakash Chandra Panda** - Company Secretary<BR><BR>This team is responsible for the strategic direction and governance of the bank.

What does T N Merc. Bank do?

Tamilnad Mercantile Bank Ltd is a private sector bank in India, established in 1921, offering various banking services with a recent net sales of ₹1,662.43 crore and a net profit of ₹412 crore as of June 2026. It has a market capitalization of ₹14,104 crore and a dividend yield of 1.42%.

Overview:<BR>Tamilnad Mercantile Bank Ltd is a private sector bank operating in the small-cap category, providing a range of banking services.<BR><BR>History:<BR>The bank was incorporated as 'Nadar Bank Limited' on May 11, 1921, in Thoothukudi, Tamil Nadu. It has undergone status changes since its inception, and the latest quarterly results reported are for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1,662.43 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 412 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 14,104 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: N/A <BR>Dividend Yield: 1.42% <BR>Debt-Equity: N/A <BR>ROE: N/A <BR>Price-to-Book: N/A <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: Not available. <BR>Email: Not available. <BR>Website: Not available.

Who are the peers of the T N Merc. Bank?

T N Merc. Bank's peers include RBL Bank, Karur Vysya Bank, Bandhan Bank, City Union Bank, J&K Bank, Karnataka Bank, South Ind. Bank, DCB Bank, CSB Bank, and Dhanlaxmi Bank. T N Merc. Bank has the highest 1-year return at 120.17%, significantly outperforming its peers.

Peers: The peers of T N Merc. Bank are RBL Bank, Karur Vysya Bank, Bandhan Bank, City Union Bank, J&K Bank, Karnataka Bank, South Ind.Bank, DCB Bank, CSB Bank, and Dhanlaxmi Bank.<BR><BR>Quality Snapshot: Excellent management risk is observed at Karur Vysya Bank, while Average management risk is found at T N Merc. Bank and RBL Bank. Good management risk is noted at Bandhan Bank, City Union Bank, J&K Bank, Karnataka Bank, South Ind.Bank, and DCB Bank. For growth, Excellent ratings are seen at Karur Vysya Bank, CSB Bank, and T N Merc. Bank, while Average growth is found at Bandhan Bank and T N Merc. Bank. Excellent capital structure is noted at RBL Bank, Karur Vysya Bank, Bandhan Bank, City Union Bank, Karnataka Bank, South Ind.Bank, DCB Bank, and CSB Bank, while T N Merc. Bank has an Excellent capital structure.<BR><BR>Return Snapshot: T N Merc. Bank has the highest 1-year return at 120.17%, while Bandhan Bank has the lowest at 1.27%. T N Merc. Bank's return significantly outperforms all peers. Additionally, CSB Bank and Dhanlaxmi Bank have negative six-month returns.

How big is T N Merc. Bank?

As of 31st August, Tamilnad Mercantile Bank Ltd has a market capitalization of 14,104.00 Cr and reported a Net Profit of 1,444.17 Cr, with Shareholder's Funds at 10,110.16 Cr and Total Assets valued at 75,418.87 Cr.

As of 31st August, Tamilnad Mercantile Bank Ltd has a market capitalization of 14,104.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 0.00 Cr, indicating no valid data found for summing. The Net Profit for the same period was 1,444.17 Cr.<BR><BR>The latest reporting period for the balance sheet is March 2026. Shareholder's Funds stood at 10,110.16 Cr, while Total Assets were valued at 75,418.87 Cr.

Are Tamilnad Mercantile Bank Ltd latest results good or bad?

Tamilnad Mercantile Bank Ltd's latest Q1 FY27 results are strong, with a net profit of ₹411.51 crores (up 34.97% year-on-year) and improved asset quality, as evidenced by a Gross NPA ratio of 0.69%. Overall, the bank is performing well with expanding margins and effective credit management.

Tamilnad Mercantile Bank Ltd's latest results for Q1 FY27 are quite strong, indicating a positive performance overall. The bank reported a net profit of ₹411.51 crores, which represents a significant year-on-year growth of 34.97%. Additionally, net interest income rose to ₹765.08 crores, marking a 32.01% increase compared to the same quarter last year.<BR><BR>One of the standout features of this quarter's results is the improvement in asset quality, with the Gross NPA ratio falling to an impressive 0.69%, the lowest ever for the bank. The Net NPA ratio is also low at just 0.17%, demonstrating effective credit management. Furthermore, the bank's net interest margin (NIM) has expanded to 4.29%, reflecting strong pricing power and operational efficiency.<BR><BR>Overall, the combination of robust profit growth, improved asset quality, and expanding margins suggests that Tamilnad Mercantile Bank is performing well and is positioned favorably within the banking sector.

Should I buy, sell or hold Tamilnad Mercantile Bank Ltd?

When is the next results date for Tamilnad Mercantile Bank Ltd?

The next results date for Tamilnad Mercantile Bank Ltd is July 27, 2026.

The next results date for Tamilnad Mercantile Bank Ltd is scheduled for July 27, 2026.

Is T N Merc. Bank technically bullish or bearish?

As of November 4, 2025, T N Merc. Bank's trend has shifted to bullish, supported by a bullish MACD and moving averages, though caution is advised due to a mildly bearish monthly MACD.

As of 4 November 2025, the technical trend for T N Merc. Bank has changed from sideways to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly chart and bullish moving averages on the daily chart. Additionally, the Bollinger Bands and Dow Theory both indicate a mildly bullish outlook on the weekly and monthly time frames. However, the monthly MACD remains mildly bearish, which suggests some caution. Overall, the positive price action, including today's high surpassing the previous close, supports the bullish sentiment.

How has been the historical performance of T N Merc. Bank?

T N Merc. Bank has shown consistent growth from Mar'20 to Mar'25, with interest earned rising from 3,466.11 Cr to 5,291.26 Cr, net interest income increasing from 1,319.52 Cr to 2,300.92 Cr, and profit after tax growing from 407.69 Cr to 1,182.61 Cr, alongside a significant rise in total assets and improved liquidity.

Answer:<BR>The historical performance of T N Merc. Bank shows a consistent growth trajectory in various financial metrics over the years.<BR><BR>Breakdown:<BR>T N Merc. Bank's interest earned increased from 3,466.11 Cr in Mar'20 to 5,291.26 Cr in Mar'25, reflecting a steady upward trend. The bank's net interest income also rose significantly, from 1,319.52 Cr in Mar'20 to 2,300.92 Cr in Mar'25. Total income followed suit, climbing from 3,992.58 Cr in Mar'20 to 6,141.75 Cr in Mar'25. Despite an increase in interest expended from 2,146.59 Cr in Mar'20 to 2,990.34 Cr in Mar'25, the profit before tax improved from 407.69 Cr to 1,574.89 Cr in the same period. Profit after tax also saw a notable rise, reaching 1,182.61 Cr in Mar'25 compared to 407.69 Cr in Mar'20. The bank's total assets grew from 42,758.80 Cr in Mar'20 to 66,559.57 Cr in Mar'25, while total liabilities increased from 42,758.80 Cr to 66,559.57 Cr as well. Cash and cash equivalents at the end of Mar'25 stood at 4,408.00 Cr, up from 3,736.00 Cr in Mar'20, indicating improved liquidity. Overall, T N Merc. Bank has demonstrated strong growth in income, profitability, and asset base over the years.

Who are the top shareholders of the T N Merc. Bank?

The top shareholders of T N Merc. Bank include individual investors holding 58.04% of shares, 108 foreign institutional investors with 4.58%, and a public shareholder in "Bucket 1 (court Cases)" holding 8.87%. There are no pledged promoter holdings or major promoters listed.

The top shareholders of T N Merc. Bank include a significant portion of individual investors, who hold 58.04% of the shares. Additionally, there are 108 foreign institutional investors (FIIs) with a combined holding of 4.58%. The highest public shareholder is categorized as "Bucket 1 (court Cases)," holding 8.87%. Notably, there are no pledged promoter holdings, and there are no major promoters with significant holdings listed. The bank's majority shareholders are classified as non-institutional.

Is T N Merc. Bank overvalued or undervalued?

As of January 21, 2025, T N Merc. Bank is considered very attractive due to its undervaluation, reflected in a PE ratio of 6.10 and a PEG ratio of 0.59, significantly lower than its peers HDFC Bank and ICICI Bank, despite a recent underperformance compared to the Sensex.

As of 21 January 2025, T N Merc. Bank's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The bank appears to be undervalued, supported by a PE ratio of 6.10, a price-to-book value of 0.80, and a PEG ratio of 0.59. These ratios suggest that the bank is trading at a discount compared to its earnings growth potential.<BR><BR>In comparison to its peers, T N Merc. Bank stands out with a much lower PE ratio than HDFC Bank Ltd. at 22.51 and ICICI Bank Ltd. at 22.01, both of which are considered expensive. Additionally, T N Merc. Bank's PEG ratio of 0.59 is significantly lower than that of its peers, reinforcing its undervaluation. While the stock has underperformed the Sensex over the past year with a return of -3.18% compared to the Sensex's 7.56%, the current valuation metrics suggest that the bank presents a compelling investment opportunity.

Has T N Merc. Bank declared dividend?

Yes, Tamilnad Mercantile Bank Ltd has declared a 50% dividend, amounting to ₹5 per share, with an ex-date of August 29, 2023. However, the dividend yield is 0%, and total returns over various periods have shown mixed results, with a decline in the short term.

Tamilnad Mercantile Bank Ltd has declared a 50% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 50%<BR>- Amount per share: 5<BR>- Ex-date: 29 Aug 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -6.69%, the dividend return was 0%, resulting in a total return of -6.69%.<BR><BR>Over the past year, the price return was -3.08%, the dividend return was 0%, leading to a total return of -3.08%.<BR><BR>In the 2-year period, the price return was 10.08%, the dividend return was 1.17%, culminating in a total return of 11.25%.<BR><BR>For the 3-year period, the price return was 0%, the dividend return was 0%, resulting in a total return of 0.0%.<BR><BR>In the 4-year period, the price return was 0%, the dividend return was 0%, leading to a total return of 0.0%.<BR><BR>For the 5-year period, the price return was 0%, the dividend return was 0%, culminating in a total return of 0.0%.<BR><BR>Overall, while Tamilnad Mercantile Bank Ltd has declared a dividend, the total returns over various periods show mixed results, with a notable decline in the short term and a positive return over the longer 2-year period. The dividend yield remains at 0%, indicating that the recent dividend declaration has not significantly impacted the yield.