Overall Fundamental outlook

Business Operations:

Sector: Financial Services
Industry: Banks - Regional

Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through Treasury, Corporate/Wholesale Banking, and Retail Banking segments. The company offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading account, 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 health care, education, gold, jewel, commercial vehicle, traders and service, MSME, rice and dhall mill, NRI, doctor, agricultural, green energy, and Mahalir loans, and sovereign gold bonds secured overdraft facilities; 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.

Revenue projections:

Not available


Financial Ratios:

currentRatio 0.00000
forwardPE 0.00000
debtToEquity 0.00000
earningsGrowth 0.04700
revenueGrowth 0.03500
grossMargins 0.00000
operatingMargins 0.55072
trailingEps 76.72000
forwardEps 0.00000

TMB's negative gross and operating margins suggest that the company is struggling to cover its production and operating costs, leading to losses. This reflects a weakened financial state and potential difficulties in sustaining profitability.

Insider Transactions:

Insider Transactions for TMB
Insider Transactions for TMB


There were 3 transactions to buy TMB stock, with market price of 506.9166666666667.No buy transactions were completed during the period under review.The increased selling activity around TMB's current price levels may indicate further downside risk. If this trend continues, the stock's price could face additional declines as selling pressure intensifies.