Tamilnad Mercantile Bank Ltd reports robust Q3 FY2026 provisional numbers

Tamilnad Mercantile Bank (TMB) released provisional, unaudited figures as of 31 December 2025, highlighting solid growth across key banking metrics. Based on the latest data, the bank's total business increased to ₹1,07,470 crore, up ₹13,428 crore from ₹94,042 crore a year earlier, a year-on-year rise of about 14.3%.

Key momentum drivers

Total advances grew to ₹50,763 crore, a year-over-year increase of roughly 16.3% from ₹43,650 crore in December 2024. The uptick reflects continued credit disbursements across retail, SME, and corporate portfolios.

Total deposits rose to ₹56,707 crore, up about 12.5% from ₹50,392 crore a year ago, aided by mobilization of term and savings deposits and enhanced deposit franchise.

Current and savings accounts (CASA) contributed ₹15,847 crore, representing an improvement of nearly 14.9% over ₹13,788 crore in December 2024. A rising CASA base supports funding quality and cost-of-funds dynamics.

The growth trajectory underscores the bank's strength in attracting both deposits and credit demand, alongside a disciplined balance sheet and prudent risk management.

The December 2025 numbers are unaudited provisional figures and subject to a limited review by the bank's Statutory Central Auditors.

Shares of Tamilnad Mercantile Bank Limited was last trading in BSE at Rs. 517.95 as compared to the previous close of Rs. 513.80. The total number of shares traded during the day was 5336 in over 491 trades.

The stock hit an intraday high of Rs. 521.00 and intraday low of 501.35. The net turnover during the day was Rs. 2744425.00.

Source : Equity Bulls

Keywords

TamilnadMercantileBank INE668A01016 TMB PrivateBank ProvisionalNumbers Q3FY2026