Tamilnad Mercantile Bank Balance Sheet Health
Financial Health criteria checks 5/6
Tamilnad Mercantile Bank has total assets of ₹626.7B and total equity of ₹82.4B. Total deposits are ₹491.9B, and total loans are ₹405.3B earning a Net Interest Margin of 4.1%. It has insufficient allowance for bad loans, which are currently at 1.4% of total loans. Cash and short-term investments are ₹42.9B.
Key information
7.6x
Asset to equity ratio
4.1%
Net interest margin
| Total deposits | ₹491.88b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.4% |
| Allowance for bad loans | n/a |
| Current ratio | Low |
| Cash & equivalents | ₹42.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 543596's Assets to Equity ratio (7.6x) is low.
Allowance for Bad Loans: Insufficient data to determine if 543596 has a sufficient allowance for bad loans.
Low Risk Liabilities: 90% of 543596's liabilities are made up of primarily low risk sources of funding.
Loan Level: 543596 has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: 543596's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: 543596 has an appropriate level of bad loans (1.4%).