538942 announcements Mercantile announcements and dividends declared BSE

Mercantile Complete list of announcements declared & dividend announcements by Mercantile 538942

Mercantile 538942 listed on BSE and deals in

Announcements and dividends declared by Mercantile 538942

Tamilnad Mercantile Bank shares gain after March quarter earnings
Asset quality also improved with the gross non-performing assets as a percentage of gross advances falling 31 bps sequentially to 1.39 percent, and net NPAs declining 130 bps QoQ to 0.62 percent as of March FY23.
Announcement as on 24 April 2023

Tamilnad Mercantile Bank shares gain after March quarter earnings
Asset quality also improved with the gross non-performing assets as a percentage of gross advances falling 31 bps sequentially to 1.39 percent, and net NPAs declining 130 bps QoQ to 0.62 percent as of March FY23.
Announcement as on 24 April 2023

Tamilnad Mercantile Bank net profit up 11% in Q4 of FY23, expenditure rises
Board recommends final dividend of Rs 5 per equity share, in addition to interim of Rs 5 per share paid before
Announcement as on 24 April 2023

Mercantile Bank (MBWM) Tops Q1 Earnings and Revenue Estimates
Mercantile Bank (MBWM) came out with quarterly earnings of .31 per share, beating the Zacks Consensus Estimate of .15 per share. This compares to earnings of [CO].73 per share a year ago. These figures are adjusted for non-recurring items.
Announcement as on 18 April 2023

Piper Sandler Upgrades Mercantile Bank (MBWM)
On March 7, 2023, Piper Sandler upgraded their outlook for Mercantile Bank (NASDAQ:MBWM) from Neutral to Overweight.
Announcement as on 08 March 2023

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