Home / Business and Economy / TMB Bank's Profit Surges 28% in Q4 FY26
TMB Bank's Profit Surges 28% in Q4 FY26
27 Apr
Summary
- Net profit climbed 28.01% to Rs 373.65 crore in Q4 FY26.
- Deposits and advances saw significant year-on-year growth.
- Asset quality improved with declining NPA ratios.
Tamilnad Mercantile Bank (TMB) reported a substantial 28.01% year-on-year increase in its standalone net profit for the fourth quarter of FY26, reaching Rs 373.65 crore. This growth was accompanied by a 16.22% rise in total income to Rs 1792.14 crore during the same period. The bank's financial health was further bolstered by a 15.5% year-on-year increase in net interest income to Rs 1,550.38 crore. Total deposits grew by 14.94% to Rs 61,712 crore, while gross advances climbed 20.32% to Rs 53,379 crore by the end of March 2026. TMB's asset quality demonstrated notable improvement, with the gross NPA ratio falling to 0.73% and the net NPA ratio improving to 0.18% as of March 2026. The bank's board has recommended a final dividend of Rs 12.50 per share for FY26, reflecting its profitable performance.
