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.
Tamilnad Mercantile Bank Financial Highlights
- Revenue: Tamilnad Mercantile Bank reported revenue of ₹6,696.49 crore in FY26 vs ₹6,141.75 crore in FY25. It showed an increase of 9.03% on a yearly basis.
- Operating Profit: Tamilnad Mercantile Bank reported an operating profit of ₹1,806.60 crore in FY26 vs ₹1,574.89 crore in FY25. It showed an increase of 14.71% on a year-on-year basis.
- Net Profit: Tamilnad Mercantile Bank reported a net profit of ₹1,337.55 crore in FY26 vs ₹1,182.61 crore in FY25. It showed an increase of 13.10% on a yearly basis.
Tamilnad Mercantile Bank Quarterly Result Highlights
- Tamilnad Mercantile Bank reported revenue of ₹1,792.14 crore in Mar 2026, compared with ₹1,665.42 crore in Dec 2025, representing an increase of 7.61% on a quarter-on-quarter (QoQ) basis.
- Tamilnad Mercantile Bank reported an operating profit of ₹503.52 crore in Mar 2026, compared with ₹466.74 crore in Dec 2025, representing an increase of 7.88% on a quarter-on-quarter (QoQ) basis.
- Tamilnad Mercantile Bank reported a profit of ₹373.65 crore in Mar 2026, compared with ₹341.50 crore in Dec 2025, reflecting an increase of 9.41% on a QoQ basis.
- The earnings per share (EPS) of Tamilnad Mercantile Bank stood at ₹84.47 during Mar 2026.