Tamilnad Mercantile Bank Limited (TMB) — Financial Results | 27 April 2026 (2 announcements)

Tamilnad Mercantile Bank reported audited financial results for Q4 FY26 ending March 31, 2026, showing strong growth across key metrics. Total business rose 17.37% YoY to ₹1,15,091 crores, while net profit increased 13.10% to ₹1337.55 crores. The bank improved its net NPA to 0.18% and gross NPA to 0.73%, reflecting better asset quality. CRAR strengthened to 33.73%, and book value per share grew 11.85% to [amount not verified]The board recommended a final dividend of ₹12.50 per share. New branch openings and digital initiatives were highlighted as part of growth strategy.

Tamilnad Mercantile Bank reported net profit of ₹373.65 crores for Q4FY26, up 28.01% YoY, driven by 22.35% YoY business growth and improved asset quality with GNPA at 0.73%. The bank expanded with 44 new branches and strengthened digital channels, while shareholder value rose with a 50%+ share price increase and market cap crossing ₹10,600 crores.