TMB Q4 FY26 Net Profit up 13.10% to

Tamilnad Mercantile Bank Ltd (TMB) announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting its highest-ever quarterly profitability. MD & CEO, Shri. Salee S Nair, attributed this to a strong core operating model, balanced growth strategy, and focus on fundamentals. The bank's MSME franchise showed resilience, maintaining stable credit demand. Asset quality remained strong with improved NPA ratios. For FY27, TMB plans to scale MSME and retail businesses, deepen customer engagement, and leverage digital capabilities. Key financial highlights include a 17.37% YoY growth in Total Business to ₹1,15,091 crore, Deposits up 14.94% to ₹61,712 crore, and Advances up 20.32% to ₹53,379 crore. Net Profit surged 13.10% YoY to ₹1337.55 crore, and Operating Profit grew 6.27% to ₹1855.23 crore. Asset quality improved significantly with Net NPA decreasing to 0.18% (down 18 bps) and Gross NPA to 0.73% (down 52 bps). The Capital to Risk-weighted Assets Ratio (CRAR) increased to 33.73%. The bank also opened 44 new branches during FY26.