Tamilnad Mercantile Bank

Price chart

Previous close

₹828.20

Open

₹834.45

Day high

₹840.65

Day low

₹825.00

Listed on NSE since 15 September 2022.

Market value

₹13,136 Cr

P/E (trailing)

8.33

EPS (trailing)

₹99.55

Price to book

1.22

Dividend yield

1.51%

Return on equity

15.6%

Profit margin

42.4%

Beta

0.43

Volume today

70,287

Average volume

1.75 L

Source: Yahoo Finance. Ratios use the latest reported (trailing twelve-month) figures.

Source: Yahoo Finance, from annual reports. Consolidated where reported.

Source: Tamilnad Mercantile Bank’s results filed with NSE, standalone (the company alone). Net profit is the share of Tamilnad Mercantile Bank’s own shareholders where the filing separates it. Profit vs year ago compares with the same quarter a year earlier; – where that quarter is not on file or made a loss.

Download results (zip) A spreadsheet of the quarterly results and balance sheets, with the original filings from NSE.

Source: Tamilnad Mercantile Bank’s half-yearly statements of assets and liabilities filed with NSE, standalone. Companies file these every September and March.

Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through the Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading accounts, mutual fund, insurance, portfolio management, online bill payment, sovereign gold bond scheme, forex, e-tax payment, e-stamping, SMS alert, POS terminal, and Internet and mobile banking services. It also provides home, car, two wheeler, personal, LAP, pension, gold overdraft, education, jewel, traders and services, MSME, vyapari, GST, commercial vehicles, rice and dhall mill, Mahalir, doctor, genset, pharma and healthcare, green energy, smart business, and agricultural loans, as well as loans against sovereign gold bonds and secured overdraft facilities; NRI products; and microenterprise and pharma finance. The company was formerly known as The Nadar Bank Ltd. and changed its name to Tamilnad Mercantile Bank Limited in November 1962. Tamilnad Mercantile Bank Limited was incorporated in 1921 and is headquartered in Thoothukudi, India.

Industry

Banks - Regional

Based in

Thoothukudi

Employees

4,786

Company website · Profile: Yahoo Finance

No headlines name Tamilnad Mercantile Bank in the last day or two.

• Dividend - Rs 12.50 Per Share

  Dividend · ex-date 12 June 2026

• Dividend - Rs 11 Per Share

  Dividend · ex-date 1 August 2025

• Annual General Meeting/Dividend - Rs 10 Per Share

  Dividend · ex-date 20 September 2024

• Annual General Meeting/Dividend - Rs 5 Per Share

  Dividend · ex-date 29 August 2023

• Interim Dividend - Rs 5 Per Share

  Dividend · ex-date 24 February 2023

Source: NSE. Latest first.