Tamilnad Mercantile Bank FY26 Net Profit ₹133.75 Cr, Recommends ₹12.50 Dividend

Tamilnad Mercantile Bank Ltd's Board of Directors approved its Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026. For FY26, the bank reported a Net Profit of ₹133,755 lakhs (₹133.75 Cr), up from ₹118,261 lakhs (₹118.26 Cr) in FY25. Basic Earnings Per Share (EPS) for FY26 increased to ₹84.47 from ₹74.68. The Board also recommended a final dividend of ₹12.50 per equity share (125%) for the financial year 2025-26, subject to shareholder approval. The bank demonstrated improved asset quality with Gross NPA at 0.73% and Net NPA at 0.18% for FY26, alongside a strong Capital Adequacy Ratio of 33.73%.