Tamilnad Mercantile Bank Past Earnings Performance
Past criteria checks 2/6
Tamilnad Mercantile Bank has been growing earnings at an average annual rate of 21.4%, while the Banks industry saw earnings growing at 38.3% annually. Revenues have been growing at an average rate of 16.2% per year. Tamilnad Mercantile Bank's return on equity is 13.4%, and it has net margins of 39.2%.
Key information
21.4%
Earnings growth rate
18.4%
EPS growth rate
| Banks Industry Growth | 38.0% |
| Revenue growth rate | 16.2% |
| Return on equity | 13.4% |
| Net Margin | 39.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Tamilnad Mercantile Bank makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 28,735 | 11,278 | 10,421 | 0 |
| 30 Jun 24 | 27,804 | 10,981 | 7,031 | 0 |
| 31 Mar 24 | 27,076 | 10,720 | 10,017 | 0 |
| 31 Dec 23 | 26,543 | 10,720 | 9,353 | 0 |
| 30 Sep 23 | 26,237 | 10,675 | 9,208 | 0 |
| 30 Jun 23 | 25,777 | 10,563 | 6,297 | 0 |
| 31 Mar 23 | 25,440 | 10,293 | 8,903 | 0 |
| 31 Dec 22 | 24,454 | 10,032 | 8,499 | 0 |
| 30 Sep 22 | 23,773 | 9,263 | 8,640 | 0 |
| 30 Jun 22 | 23,009 | 8,601 | 8,572 | 0 |
| 31 Mar 22 | 22,356 | 8,219 | 8,478 | 0 |
| 31 Dec 21 | 23,571 | 7,759 | 6,953 | 0 |
| 30 Sep 21 | 21,767 | 7,539 | 7,040 | 0 |
| 30 Jun 21 | 19,955 | 6,786 | 7,437 | 0 |
| 31 Mar 21 | 17,780 | 6,033 | 7,593 | 0 |
| 31 Dec 20 | 14,843 | 5,866 | 6,838 | 0 |
| 30 Sep 20 | 13,712 | 4,982 | 6,748 | 0 |
| 30 Jun 20 | 12,831 | 4,296 | 6,464 | 0 |
| 31 Mar 20 | 14,358 | 4,077 | 6,368 | 0 |
| 31 Dec 19 | 13,787 | 4,224 | 5,918 | 0 |
| 30 Sep 19 | 12,613 | 3,469 | 5,540 | 0 |
| 30 Jun 19 | 11,957 | 3,055 | 5,630 | 0 |
| 31 Mar 19 | 11,567 | 2,586 | 5,728 | 0 |
| 31 Mar 18 | 10,196 | 2,219 | 5,608 | 0 |
| 31 Mar 17 | 11,979 | 3,167 | 5,743 | 0 |
| 31 Mar 16 | 10,391 | 4,022 | 5,256 | 0 |
| 31 Mar 15 | 9,473 | 3,794 | 4,768 | 0 |
| 31 Mar 14 | 9,438 | 3,008 | 4,103 | 0 |
Quality Earnings: TMB has high quality earnings.
Growing Profit Margin: TMB's current net profit margins (39.2%) are lower than last year (40.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TMB's earnings have grown significantly by 21.4% per year over the past 5 years.
Accelerating Growth: TMB's earnings growth over the past year (5.6%) is below its 5-year average (21.4% per year).
Earnings vs Industry: TMB earnings growth over the past year (5.6%) did not outperform the Banks industry 15%.
Return on Equity
High ROE: TMB's Return on Equity (13.4%) is considered low.