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Tamilnad Mercantile Bank

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Performance

Open
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Volume
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Total traded value
NA
Upper Circuit
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Lower Circuit
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Fundamentals

Market Cap₹6,954Cr
ROE13.38%
P/E Ratio(TTM)6.17
EPS(TTM)71.22
P/B Ratio0.82
Dividend Yield2.28%
Industry P/E13.71
Book Value532.38
Debt to EquityNA
Face Value10
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Financials

*All values are in Rs. Cr
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About Tamilnad Mercantile Bank

Tamilnad Mercantile Bank Limited (the Bank) is an India-based banking company. The Bank is engaged in providing a wide range of banking and financial services involving retail, corporate banking and para-banking activities, in addition to treasury and foreign exchange business. Its segments include Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations. It offers banking products and services to retail, micro, small and medium enterprises (MSME), agricultural and corporate customers. The Banks's retail asset products include home loans, personal loans, auto loans, educational loans, business loans as well as security-backed loans of various types to its retail customers. For corporate customers, it offers various loans to corporates, in textiles and other industries, with its assortment of banking products and services including working capital, term financial, trade financial, foreign exchange business funding in domestic and foreign currencies.;
Parent OrganisationTamilnad Mercantile Bank
Managing DirectorMr. Krishnan Sankarasubramaniam
NSE SymbolTMB

Shareholding Pattern

Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Retail And Others
93.26%
Foreign Institutions
4.08%
Other Domestic Institutions
2.66%

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