Tamilnad Mercantile Bank Limited is a scheduled commercial bank offering a range of banking products and services to retail, MSME, and corporate customers.;

CEO/MD

Shri.Salee S Nair

Founded in

1921

NSE symbol

TMB

Industry

Shareholding pattern

Sep '25

Dec '25

Mar '26

Jun '26

Sep '26

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ScoutQuest • 5 days ago

Tamilnad Mercantile Bank provided ₹304.3 crore against an estimated ECL requirement of ₹385 crore. The bank clarified this as proactive voluntary provisioning ahead of the April 1, 2027 regulatory timeline.

ScoutQuest • 6 days ago

Tamilnad Mercantile Bank won two Oracle Excellence Awards 2026 at Oracle AI World in Las Vegas. The bank was named Global Winner in Customer Experience Excellence and Employee Experience Excellence categories.

CNBC TV18 • 1 week ago

Tamilnad Mercantile Bank remains committed to opening 60 branches in FY27, including 20 outside Tamil Nadu. To support interstate expansion, the bank is hiring 20 lateral branch managers, with nine already recruited.

CNBC TV18 • 1 week ago

Tamilnad Mercantile Bank expects advances to grow 20-22% in FY27, according to MD and CEO Salee S Nair. The lender anticipates a slowdown in its gold loan portfolio driven by ongoing price volatility.

Financial Express • 1 week ago

TMB posted a record profit of Rs 451 crore in Q2.

BSE • 1 week ago

Tamilnad Mercantile Bank reported a 42.1% YoY rise in net profit to ₹45,114 lakh for the quarter. Gross NPA declined to 0.7% YoY, while the Capital Adequacy Ratio remained strong at 32.4%.

Livesquawk • 1 week ago

Tamilnad Mercantile Bank reported Q2 revenue of 18B rupees versus 14.2B rupees year-on-year. The bank recorded a Q2 revenue growth of around 27% year-on-year.

Livesquawk • 1 week ago

Tamilnad Mercantile Bank reported improved Q2 asset quality, with GNPA declining to 0.6% from 0.7% QoQ. The bank's Q2 NNPA also saw improvement, easing to 0.1% compared to 0.2% QoQ.

ScoutQuest • 4 weeks ago

Tamilnad Mercantile Bank will open a new branch at Kadambur in Thoothukudi District, Tamil Nadu on October 12, 2026. The branch is located on Railway Station Road, Kadambur, as disclosed under SEBI LODR Regulations.

BSE • 4 weeks ago

Tamilnad Mercantile Bank's board will meet on October 26, 2026, to approve Q2 un-audited financial results. The trading window for designated persons remains closed from October 1 to October 28, 2026.

2026

Oct

Quarterly Result

Release date

Check latest financial

Jul

Quarterly Result

Release date

Check latest financial

12
Jun
Dividend
Ex date
₹12.50
per share

For each share you hold, you will receive ₹12.50

Dividend amount₹12.50 per share

Dividend TypeFinal

Ex Date12 Jun ‘26

Record Date12 Jun ‘26

Announcement date27 Apr ‘26

27
Apr
Dividend
Announced
₹12.50
per share

For each share you hold, you will receive ₹12.50

Dividend amount₹12.50 per share

Dividend TypeFinal

Ex Date12 Jun ‘26

Record Date12 Jun ‘26

Announcement date27 Apr ‘26

Apr

Quarterly & Annual Result

Release date

Check latest financial

Feb

Quarterly Result

Release date

Check latest financial

2025

Oct

Quarterly Result

Release date

Check latest financial

1
Aug
Dividend
Ex date
₹11.00
per share

For each share you hold, you will receive ₹11.00

Dividend amount₹11.00 per share

Dividend TypeFinal

Ex Date1 Aug ‘25

Record Date1 Aug ‘25

Announcement date23 Apr ‘25

Jul

Quarterly Result

Release date

Check latest financial

23
Apr
Dividend
Announced
₹11.00
per share

For each share you hold, you will receive ₹11.00

Dividend amount₹11.00 per share

Dividend TypeFinal

Ex Date1 Aug ‘25

Record Date1 Aug ‘25

Announcement date23 Apr ‘25

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Tamilnad Mercantile Bank

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Fundamentals

Financial performance

About

Shareholding pattern

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12JunDividendEx date₹12.50per share

27AprDividendAnnounced₹12.50per share

1AugDividendEx date₹11.00per share

23AprDividendAnnounced₹11.00per share

About Groww

12
Jun
Dividend
Ex date
₹12.50
per share

27
Apr
Dividend
Announced
₹12.50
per share

1
Aug
Dividend
Ex date
₹11.00
per share

23
Apr
Dividend
Announced
₹11.00
per share