Tamilnad Mercantile Bank Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Interest Income on Loans	47,693	52,913	48,479	40,810	38,339
Interest Income on Investments	10,501	-	-	-	-
Total Interest Income	58,194	52,913	48,479	40,810	38,339
Interest Paid on Deposits	32,922	29,903	26,970	19,869	20,186
Net Interest Income	25,273	23,009	21,509	20,941	18,152
Net Interest Income Growth (YoY)	9.84%	6.98%	2.71%	15.36%	18.06%
Gain (Loss) on Sale of Assets	-	5.27	2.04	1.31	0.16
Gain (Loss) on Sale of Investments	-	324.89	-31.02	-817.43	574.81
Other Non-Interest Income	8,771	8,175	6,478	7,107	7,548
Total Non-Interest Income	8,771	8,505	6,449	6,291	8,123
Non-Interest Income Growth (YoY)	3.13%	31.87%	2.52%	-22.55%	26.06%
Revenues Before Loan Losses	34,043	31,514	27,958	27,232	26,275
Provision for Loan Losses	486.3	1,709	881.97	1,792	3,918
Revenue	33,557	29,806	27,076	25,440	22,356
Revenue Growth (YoY)	12.59%	10.08%	6.43%	13.79%	25.74%
Salaries and Employee Benefits	7,945	7,263	6,859	6,187	6,158
Occupancy Expenses	-	2,195	2,003	1,681	1,408
Selling, General & Administrative	-	594.47	578.67	493.57	413.86
Other Non-Interest Expense	7,546	4,004	3,700	3,143	3,130
Total Non-Interest Expense	15,491	14,057	13,141	11,504	11,110
EBT Excluding Unusual Items	18,066	15,749	13,936	13,936	11,246
Pretax Income	18,066	15,749	13,936	13,936	11,246
Income Tax Expense	4,691	3,923	3,216	3,644	3,027
Net Income	13,376	11,826	10,720	10,293	8,219
Net Income to Common	13,376	11,826	10,720	10,293	8,219
Net Income Growth	13.10%	10.31%	4.16%	25.23%	36.23%
Basic Shares Outstanding	158	158	158	158	143
Diluted Shares Outstanding	158	158	158	158	143
Shares Change (YoY)	-0.00%	-	-	11.12%	-
EPS (Basic)	84.47	74.68	67.70	65.00	57.67
EPS (Diluted)	84.47	74.68	67.70	65.00	57.67
EPS Growth	13.11%	10.31%	4.16%	12.70%	36.23%
Dividend Per Share	12.500	11.000	10.000	10.000	6.000
Dividend Growth	13.64%	10.00%	-	66.67%	20.00%
Effective Tax Rate	25.96%	24.91%	23.07%	26.15%	26.92%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.