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

Shareholding pattern

Jun '25

Sep '25

Dec '25

Mar '26

Jun '26

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ScoutQuest • 6 days 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 • 6 days 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.

ScoutQuest • 1 week ago

Tamilnad Mercantile Bank has revised its Repo Linked Lending Rate from 8.3% to 8.5%. The revised rate is effective from October 8, 2026, meaning loans priced off this benchmark will carry the higher rate.

ScoutQuest • 1 week ago

Tamilnad Mercantile Bank received a first-time IND AA-/Stable issuer rating, supported by improving profitability, capital buffers, low credit costs, a granular retail deposit franchise, and robust asset quality with GNPA at 0.7% in 1QFY27. Key constraints noted include a modest loan book relative to peers, high geographic concentration in Tamil Nadu, and shareholding overhang.

Economic Times • 1 week ago

Tamilnad Mercantile Bank recorded a 29.4% year-on-year growth in advances and a 25.5% rise in deposits in Q2 FY27, based on provisional business updates. The reported performance aligns with the broader sector trend where credit offtake continues to outpace banks' deposit growth.

BSE • 2 weeks ago

Tamilnad Mercantile Bank reported a 27.3% YoY rise in total business to ₹1,30,261 crore for the quarter ended September 30, 2026. Total advances increased by 29.4% YoY and 6.0% QoQ to reach ₹60,715 crore. Total deposits grew 25.5% YoY and 8.0% QoQ to ₹69,546 crore as of September 30, 2026. CASA deposits rose 16.3% YoY and 4.7% QoQ to stand at ₹17,629 crore.

Livesquawk • 2 weeks ago

Tamilnad Mercantile Bank reported strong Q2 FY27 business growth, with total business rising 27.3% YoY and 7.1% QoQ to ₹1.3 lakh crore. The bank's advances grew 29.4% YoY and climbed 6.0% QoQ to ₹60,715 crore.

ScoutQuest • 2 weeks ago

Tamilnad Mercantile Bank Ltd has informed exchanges that it will open 2 new branches on 30.09.2026 as part of a routine network expansion update. The two new branches will be located at Chinnampalayam and Vellalore, both situated in the Coimbatore District of Tamilnadu.

BSE • 1 month ago

Tamilnad Mercantile Bank to participate in Arihant Bharat Connect Conference on Sept 29, 2026. Meeting will be virtual; no UPSI or material info to be shared during the interaction.

Moneycontrol • 2 months ago

Tamilnad Mercantile Bank plans overseas offices to expand NRI outreach. Targets $50M via FCNR B deposits by September, exploring Asia presence.

2026

Oct

Quarterly Result

Upcoming

Release date

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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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