Tamilnad Mercantile Bank Ltd Announces Results for FY 2026, Recommends 125% Final Dividend
Tamilnad Mercantile Bank Ltd announced the approval of its audited standalone financial results for the Quarter and Financial Year ended March 31, 2026, following a Board meeting held on April 27, 2026. The Board of Directors also recommended the payment of a Final Dividend for the Financial Year 2025-26.The Board meeting confirmed the audited results, noting that the Joint Statutory Central Auditors issued an unmodified opinion on the Audited Standalone Financial Results for the Financial Year Ended March 31, 2026.
Dividend Recommendation
The Board of Directors recommended a Final Dividend of ₹12.50 per equity share, representing 125% of the face value of ₹10 per share, for the Financial Year 2025-26. This recommendation is subject to the approval of the Shareholders at the ensuing Annual General Meeting.Financial Performance Summary
For the financial year 2025-26, the bank reported significant growth in total income and net profit.Total Income for the year ended March 31, 2026, stood at 669,649 Lakhs. This compares to a Total Income of 614,175 Lakhs for the year ended March 31, 2025.
Net Profit for the year ended March 31, 2026, was 133,755 Lakhs, up from 118,261 Lakhs in the previous year.
The bank recorded a total expenditure (Interest expense and Operating expenses) of 484,126 Lakhs for the year ending March 31, 2026.
| Metric (₹ in Lakhs) | Quarter ended 31.03.2026 | Quarter ended 31.12.2025 | Quarter ended 31.03.2025 | Year ended 31.03.2026 | Year ended 31.03.2025 |
|---|---|---|---|---|---|
| Total Income | 179,214 | 166,542 | 154,206 | 669,649 | 614,175 |
| Total Expenditure | 126,983 | 119,719 | 113,806 | 484,126 | 439,601 |
| Net Profit for the Period | 37,365 | 34,150 | 29,190 | 133,755 | 118,261 |
Balance Sheet Snapshot
The bank reported its total assets and liabilities for the years ended March 31, 2026, and March 31, 2025.| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| Capital (₹ Lakhs) | 15,835 | 15,835 |
| Reserves and Surplus (₹ Lakhs) | 995,181 | 885,034 |
| Total Deposits (₹ Lakhs) | 6,171,235 | 5,368,896 |
| Total Borrowings (₹ Lakhs) | 70,000 | 50,000 |
| Total Liabilities (₹ Lakhs) | 7,529,960 | 6,644,987 |
| Total Assets (₹ Lakhs) | 7,529,960 | 6,644,987 |
| Advances (₹ Lakhs) | 5,312,266 | 4,398,367 |
| Investments (₹ Lakhs) | 1,569,268 | 1,510,080 |
| Total Assets (₹ Lakhs) | 7,529,960 | 6,644,987 |
Key Financial Ratios
The bank's key financial ratios demonstrate its capital strength and asset quality over the reporting periods.| Ratio | Year ended 31.03.2026 | Year ended 31.03.2025 |
|---|---|---|
| Capital Adequacy ratio (Basel III) (%) | 33.73 | 32.71 |
| Common Equity Tier 1 (CET) 1 ratio (%) | 32.27 | 31.24 |
| Earnings per Share (Basic EPS) (₹) | 84.47 | 74.68 |
| Net Worth (₹ Lakhs) | 1,011,016 | 900,869 |
| Return on Assets (%) | 1.93 | 1.88 |
| Net Profit Margin (%) | 19.97 | 19.26 |
| Gross NPA (₹ Lakhs) | 38,821 | 55,613 |
For the quarter ended March 31, 2026, the Capital Adequacy Ratio stood at 33.73%. The Net Profit Margin for the same quarter was 19.97%.
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Disclaimer: This report is based solely on the figures and details provided in the source material and does not contain any external commentary or analysis.
TMB Stock Price Movement
Shares of Tamilnad Mercantile Bank Limited are rallying strongly to ₹665.65 as of 1:32 PM, having gained 4.02% in live trading today. The stock is seeing active market interest, supported by a total traded volume of 119,496 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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