Tamilnad Mercantile Bank Balance Sheet Health
Financial Health criteria checks 5/6
Tamilnad Mercantile Bank has total assets of ₹615.5B and total equity of ₹79.2B. Total deposits are ₹495.2B, and total loans are ₹397.3B earning a Net Interest Margin of 4.5%. It has insufficient allowance for bad loans, which are currently at 1.4% of total loans. Cash and short-term investments are ₹35.7B.
Key information
7.8x
Asset to equity ratio
4.5%
Net interest margin
Total deposits | ₹495.15b |
Loan to deposit ratio | Appropriate |
Bad loans | 1.4% |
Allowance for bad loans | n/a |
Current ratio | Low |
Cash & equivalents | ₹35.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: TMB's Assets to Equity ratio (7.8x) is low.
Allowance for Bad Loans: Insufficient data to determine if TMB has a sufficient allowance for bad loans.
Low Risk Liabilities: 92% of TMB's liabilities are made up of primarily low risk sources of funding.
Loan Level: TMB has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: TMB's Loans to Deposits ratio (80%) is appropriate.
Level of Bad Loans: TMB has an appropriate level of bad loans (1.4%).