Tamilnad Mercantile Bank Limited (TMB) — Financial Results | 27 July 2026 (3 announcements)

Tamilnad Mercantile Bank reported a 34.97% YoY jump in net profit to ₹412 crore for Q1FY27, driven by 32.01% growth in net interest income to ₹765 crore and a 48.22% rise in operating profit to ₹611 crore. The bank's total business grew 23.04% YoY to ₹1,21,715 crore, with deposits up 19.71% and advances surging 27.01%. Capital adequacy stood at 32.33% and ROE improved to 15.93%, while the board proposed a 20% market cap increase since the last results.

Tamilnad Mercantile Bank Limited announced the audio recording of its Investor & Analyst Meet held on July 27, 2026, focusing on unaudited financial results for the quarter ended June 30, 2026, accessible via the bank's website.

Tamilnad Mercantile Bank reported Q1 FY27 results showing strong growth across key metrics. Total Business rose to ₹1,21,715 crores (+23.04% YoY), driven by 19.71% deposit growth to ₹64,409 crores and 27.01% advance growth to ₹57,306 crores. Net profit surged 34.97% YoY to ₹411.51 crores, with Net NPA improving to 0.17% (-16 bps) and CRAR reaching 32.33% (+78 bps). The bank opened 6 new branches and highlighted rural credit demand tailwinds from monsoon forecasts.