Loan growth of ~20% in FY27
Management expects to defend the 20% loan growth achieved in FY26, driven by MSME and retail segments, even if gold loan growth moderates.
TAMILNADMERCANTILEBANK / guidance tracker
Keep management guidance in view.
Tamilnad Mercantile Bank · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
growth
Deposit growth of ~16% in FY27
Deposit growth target is set at least 1% higher than FY26's 14.94%, with focus on CASA and term deposits.
ROA of 1.9-2% for FY27
Management guided for ROA in the 1.9-2% range, moderating from Q4's 2.05% due to expected margin normalization and branch expansion costs.
Cost-to-income ratio to remain below 50%
Despite branch expansion and technology investments, management commits to keeping cost-to-income below 50%, targeting 46-47%.