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

With negative gross and operating margins, TMB is facing losses at both the production and operational levels. This signals significant financial strain and may indicate that the company is struggling to manage costs effectively.

Insider Transactions:

Insider Transactions for TMB
Insider Transactions for TMB


TMB saw 3 buy transactions, with market price of 506.9166666666667.During the period under consideration, no buy transactions took place.Tamilnad Mercantile Bank Limited has experienced more selling activity at current price levels, which could suggest a bearish outlook. If the trend of increased selling continues, it may result in further price declines for the stock.