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Tamilnad Mercantile Bank NSEI:TMB Stock Report

Last Price

₹445.65

Market Cap

₹70.6b

7D

-0.4%

1Y

-9.7%

Updated

21 Jan, 2025

Data

Company Financials

Tamilnad Mercantile Bank Limited

NSEI:TMB Stock Report

Market Cap: ₹70.6b

TMB Stock Overview

Provides banking and financial products and services in India. More details

TMB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 2% below our estimate of its fair value

Earnings have grown 21.4% per year over the past 5 years

Risk Analysis

No risks detected for TMB from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Tamilnad Mercantile Bank Limited Competitors

Karnataka Bank

NSEI:KTKBANK

₹72.2b

Equitas Small Finance Bank

NSEI:EQUITASBNK

₹80.7b

Jammu and Kashmir Bank

NSEI:J&KBANK

₹103.7b

South Indian Bank

NSEI:SOUTHBANK

₹67.5b

Price History & Performance

Summary of share price highs, lows and changes for Tamilnad Mercantile Bank
Historical stock prices
Current Share Price₹445.65
52 Week High₹514.00
52 Week Low₹418.10
Beta-0.25
1 Month Change-4.82%
3 Month Change3.78%
1 Year Change-9.73%
3 Year Changen/a
5 Year Changen/a
Change since IPO-13.04%

Recent News & Updates

Recent updates

Shareholder Returns

TMBIN BanksIN Market
7D-0.4%4.5%3.4%
1Y-9.7%6.1%11.3%

Return vs Industry: TMB underperformed the Indian Banks industry which returned 6.1% over the past year.

Return vs Market: TMB underperformed the Indian Market which returned 11.3% over the past year.

Price Volatility

Is TMB's price volatile compared to industry and market?
TMB volatility
TMB Average Weekly Movement2.8%
Banks Industry Average Movement4.9%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: TMB has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: TMB's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19214,601Salee Nairwww.tmb.in

Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through Treasury, Corporate/Wholesale Banking, and Retail Banking segments. The company offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading account, portfolio management, POS terminal, e-tax payment, online bill payment, mutual fund, insurance, sovereign gold bond scheme, forex, and Internet and mobile banking services.

Tamilnad Mercantile Bank Limited Fundamentals Summary

How do Tamilnad Mercantile Bank's earnings and revenue compare to its market cap?
TMB fundamental statistics
Market cap₹70.57b
Earnings (TTM)₹11.28b
Revenue (TTM)₹28.74b

6.3x

P/E Ratio

0.8x

P/B Ratio

Is TMB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TMB income statement (TTM)
Revenue₹28.74b
Cost of Revenue₹0
Gross Profit₹28.74b
Other Expenses₹17.46b
Earnings₹11.28b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 29, 2025

Earnings per share (EPS)71.22
Gross Margin100.00%
Net Profit Margin39.25%
Debt/Equity Ratio22.5%

How did TMB perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

15%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 00:29
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tamilnad Mercantile Bank Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution