Tamilnad Mercantile Bank FY26 PAT Rises 28% to ₹373.65 Crore

TMB's Q4 FY26 PAT grew 28.01% YoY to ₹373.65 crore with ROA at 2.05% and NIM of 4.18%, exceeding all guidance metrics.
Asset quality improved significantly with GNPA at a 10-year low of 0.73% and NNPA at 0.18%, supported by 96.14% PCR and high collateral coverage.
The bank expanded its network with 44 new branches in FY26 and plans 60 more in FY27, while digital transactions reached 96.85% of total volume.
Leadership under ex-SBI executives drove strategic transformation focusing on CASA recovery, MSME growth, and technology implementation including Oracle Fusion.