Tamilnad Mercantile Bank (TMB), headquartered in Tuticorin, Tamil Nadu, reported a 28% increase in net profit for the fourth quarter of FY26, amounting to ₹374 crore compared to ₹292 crore in the same period last year. For the full fiscal year, TMB's net profit rose to ₹1,338 crore, up from ₹1,183 crore in FY25. The bank's total advances experienced a significant growth of 20.3%, reaching ₹53,379 crore, while deposits increased by 14.9% to ₹61,712 crore. The total business volume grew by 17%, totaling ₹1,15,091 crore. Notably, the bank's gross NPA improved to 0.73%, a decrease from 1.25% in FY25, while net NPA fell to 0.18% from 0.36%. During a virtual press conference, TMB's Managing Director and CEO, Salee S Nair, outlined the bank's ambitious targets for FY27, aiming for a 20% increase in advances and 16% growth in deposits. The Retail, Agriculture, and MSME segments accounted for approximately 95% of total advances, with the corporate segment making up only 5%.