TMB.NSNSE
Tamilnad Mercantile Bank Limited
₹690.05
ListedSep 15, 2022
SectorFinancial Services
IndustryBanks — Regional
CountryIndia
Employees-
State-| CityThoothukudi| Address57, Victoria Extension Road| Phone91 46 1232 5136
Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through the Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading accounts, portfolio management, POS terminal, e-tax payment, online bill payment, mutual fund, insurance, sovereign gold bond scheme, forex, and Internet and mobile banking services. It also provides home, car, two-wheeler, personal, LAP, pension, pharma and healthcare, education, gold, jewelry, commercial vehicles, traders and services, MSME, rice and dhall mill, doctor, agricultural, green energy, and Mahalir loans, as well as loans against sovereign gold bonds and secured overdraft facilities; NRI products; and microenterprise and pharma finance. The company was formerly known as The Nadar Bank Ltd. and changed its name to Tamilnad Mercantile Bank Limited on November 26, 1962. Tamilnad Mercantile Bank Limited was incorporated in 1921 and is headquartered in Thoothukudi, India.

Key Indicators

Key financial and dividend metrics for this stock.

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P/E Ratio
8.2
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Div. Rate
₹11.00
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Div. Yield
1.59%
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Payout Ratio
13.02%
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Max Consec. Div. Years
3 years
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Longest Consec. Div.
3 years
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Div. Coverage
100%
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Div. Stability Rate
0.06
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Div. Growth Rate
50.00%
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Score
88

Dividend History

Historical dividend payments by ex-dividend date.

Aug 1, 2025
₹ 11.0000
Sep 20, 2024
₹ 10.0000
Aug 29, 2023
₹ 5.0000
Feb 24, 2023
₹ 5.0000

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