Tamilnad Mercantile Bank Stock Price - ₹942.45 | Banks

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The Quarter story

The two most recent quarterly results, compared side-by-side.

Profitability and asset quality improve steadily, but rising fresh slippages and aggressive lending warrant attention.

Net profit grows from ₹305 Cr in Q1 FY26 to ₹411.51 Cr in Q1 FY27, driven by higher interest income and lower operating costs.

Fresh slippages jump from ₹22 Cr in Q1 FY26 to ₹43 Cr in Q1 FY27, signaling rising asset stress.

Gross NPAs fall from ₹549 Cr in Q1 FY26 to ₹398 Cr in Q1 FY27, reflecting stronger recovery efforts across key segments.

Credit to deposit ratio climbs from 83.86% in Q1 FY26 to 99.03% in Q1 FY27, tightening liquidity buffers.

Cost to income ratio drops from 49.15% in Q1 FY26 to 39.10% in Q1 FY27, showing improved operational efficiency.

MSME fresh slippages rise from ₹15 Cr in Q1 FY26 to ₹37 Cr in Q1 FY27, pointing to sector-specific repayment delays.

Net interest margin expands from 3.84% in Q1 FY26 to 4.29% in Q1 FY27, boosting core earnings.

CASA share falls from 28.14% in Q4 FY26 to 26.16% in Q1 FY27, reducing low-cost funding availability.

Retail advances rise from ₹10,660 Cr in Q1 FY26 to ₹14,528 Cr in Q1 FY27, indicating steady consumer credit demand.

Collateral coverage in the Others segment dips from 95.11% in Q1 FY26 to 88.74% in Q1 FY27, weakening loan security.

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In the news

Tamilnad Mercantile Bank hits record high on strong Q1 results

Tamilnad Mercantile Bank raises MCLR by 10 bps from July 7

India's Banking Crisis: The Dangerous Gap Between Loans and Deposits

Tamilnad Mercantile Bank Q1: Advances Jump 27% to ₹57,306 Cr

Tamilnad Mercantile Bank profit jumps 28% on strong growth

Tamilnad Mercantile Bank Q4 PAT rises 28% to ₹374 cr, eyes 18% growth

Tamilnad Mercantile Bank Q4: Business grows 17% on advances

Tamilnad Mercantile Bank shifts 50% workforce to sales roles

Tamilnad Mercantile Bank Q3 profit rises 13.8% to ₹341.5 cr

TMB expands UPI partnerships with TechFini, Rugr FinTech

Tamilnad Mercantile Bank Shares Rise 0.80% to ₹517.90 Following Strong Q3 Performance