Tamilnad Mercantile Bank Limited (the Bank) is engaged in providing banking and financial services, including retail, corporate banking, and para-banking activities, as well as treasury and foreign exchange business. Its segments include Treasury segment, which comprises investments in central and state government securities, debt instruments of banks, financial institutions, insurance companies, public sector units, corporates, certificates of deposit, equity shares, and mutual funds. The Corporate and Wholesale Banking segment focuses on advances to trusts, partnership firms, companies, and statutory bodies. The Retail Banking segment provides fund lending and other banking services to any legal person including small business customers, on the basis of the borrower, nature of the product, granularity of the exposure and quantum thereof. The Other Banking Operations segment cover para-banking services activities like bancassurance, demat services, and other banking transactions. As of 25 May 2026, Tamilnad Mercantile Bank share price is ₹684.25. The stock opened at ₹685.55, compared to its previous close of ₹682.75. During today's trading session, Tamilnad Mercantile Bank share price moved in the range of ₹681.40 to ₹692.20, with an average price of ₹686.80 for the day. Looking at its last 52-week, the stock has touched a low of ₹681.40 and a high of ₹692.20. On the performance front, Tamilnad Mercantile Bank share price has increased by 37.64% over the last six months and is up 51.96% on a year-on-year basis.
The market capitalization of Tamilnad Mercantile Bank is ₹10,813 Crs, with a P/E ratio of 8.1 and a dividend yield of 1.83%.