Annual Report of Tamilnad Mercantile Bank

Can you provide me the Financial Performance Highlights/Report for 2015-16 of the TMB or Tamilnad Mercantile Bank?

[shikha]

TMB or Tamilnad Mercantile Bank is one of the strongest scheduled commercial banks from South India. It has one of the strongest financial positions and has a very high CAR as per Basel II norms and also having a consistently growing track record.

The Financial Performance Highlights/Report for 2015-16 of the TMB or Tamilnad Mercantile Bank is as follows:

Financial Performance Highlights (All figures are Rupees (Rs.) in Crores)

Parameter 2015-16 2014-15

Total Business Rs. 52,946.58 Rs. 44,986.00

Deposits Rs. 30,368.87 Rs. 25,650.00

Advances Rs. 22,577.71 Rs. 19,336.00

Forex Turnover Rs. 23,388.68 Rs. 19,682.00

Net Profit Rs. 402.16 Rs. 379.00

Operating Profit Rs. 725.49 Rs. 607.00


Parameter 2015-16 2014-15

CASA 19.40% 19.63%

Return on Equity 14.39% 15.60%

Return on Assets 1.23% 1.38%

Net Interest Margin 3.52% 3.53%

Capital Adequacy Ratio (Basel II)12.78% 13.89%

Gross NPA 1.84% 1.63%

Net NPA 0.89% 0.67%


Financial Highlights (Apr 2015 ~ Mar 2016):

Financial Highlights

Total Business Rs. 52946.58 Crores
Deposits Rs. 30368.87 Crores
Advances Rs. 22577.71 Crores
Forex Turnover Rs. 23388.68 Crores
Net Profit Rs. 402.16 Crores
Operating Profit Rs. 725.49 Crores
CASA to Total Deposits 19.40%
Return on Equity 14.39%%
Return on Assets 1.23%
Net Interest Margin 3.52%
Capital Adequacy Ratio (Basel II) 12.78%
Capital Adequacy Ratio (Basel III) 12.76%
Gross NPA 1.84%, Net NPA 0.89%