Tamilnad Mercantile Bank

Tamilnad Mercantile Bank delivered a strong Q4 FY26, with net profit of ₹373.65 croreCurrent reported value: ₹373.65 crore. No comparable prior figure is available in the source record. (up 28.01% YoYCurrent reported value: 28.01% YoY. No comparable prior figure is available in the source record.), driven by robust loan growth of 20.32%Current reported value: 20.32%. No comparable prior figure is available in the source record. (22.57% including IBPC sales) and NIM expansion to 4.18%Current reported value: 4.18%. No comparable prior figure is available in the source record.. CASA ratio improved to 28.14%Current 28.14%. Reported change: +170bps YoY. (up 170bps YoY), and asset quality remained pristine with GNPA at 0.73%Current reported value: 0.73%. No comparable prior figure is available in the source record. and NNPA at 0.18%Current reported value: 0.18%. No comparable prior figure is available in the source record.. Management guided for FY27 loan growth of ~20% and deposit growth of ~16%, with ROA expected in the 1.9-2% range. Key risks include potential moderation in gold loan growth if gold prices stabilize, and margin pressure from rising deposit costs and MSME expansion.