MBWM announcements Mercantile Bank Corporation announcements and dividends declared USA
Mercantile Bank Corporation Complete list of announcements declared & dividend announcements by Mercantile Bank Corporation MBWM
Mercantile Bank Corporation MBWM listed on USA and deals in Finance Major BanksAnnouncements and dividends declared by Mercantile Bank Corporation MBWM
Tuticorin-based Tamilnad Mercantile Bank gets Sebi's nod to float IPO
Going by the draft papers, the bank proposes to utilise the net proceeds from the fresh issue towards augmenting its Tier-I capital base to meet its future capital requirement
Announcement as on 06 June 2022
Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank
It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers
Announcement as on 06 June 2022
Tamilnad Mercantile Bank Q4 Results: Profit rises 36% to Rs 822 crore
​​It is also declaring a special dividend of Rs. 4 per equity share over and above the final dividend of Rs. 6 per share to commemorate 100 years, the bank said while declaring its FY 2022 results in its Annual Report for FY22.
Announcement as on 19 May 2022
Tamilnad Mercantile Bank's Q4 net rises 36%, total income increases 9%
Tamilnad Mercantile Bank's Q4 result: The total interest earned increased 6.23 per cent to Rs 3,833.86 crore for FY22 as compared to Rs 3,609.05 crore for the previous year
Announcement as on 18 May 2022
Tamilnad Mercantile Bank's Q4 net rises 36%, total income increases 9%
Tamilnad Mercantile Bank's Q4 result: The total interest earned increased 6.23 per cent to Rs 3,833.86 crore for FY22 as compared to Rs 3,609.05 crore for the previous year
Announcement as on 18 May 2022
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MBWM Mercantile Bank Corporation current price & indicator signals
Recent prices of MBWM Mercantile Bank Corporation are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 23 Mon Mar 2026 | 50.28 | 49.60 to 51.27 | 3.08% | 1.74 times |
| 20 Fri Mar 2026 | 48.78 | 48.51 to 50.60 | -3.27% | 1.09 times |
| 19 Thu Mar 2026 | 50.43 | 49.25 to 50.66 | 1.45% | 0.99 times |
| 17 Tue Mar 2026 | 49.71 | 49.54 to 50.87 | -0.74% | 1.11 times |
| 16 Mon Mar 2026 | 50.08 | 49.75 to 50.58 | 0.32% | 0.58 times |
| 13 Fri Mar 2026 | 49.92 | 49.23 to 50.62 | -0.3% | 0.67 times |
| 12 Thu Mar 2026 | 50.07 | 48.78 to 50.18 | 0.24% | 0.96 times |
| 11 Wed Mar 2026 | 49.95 | 49.26 to 50.50 | -0.32% | 0.66 times |
| 09 Mon Mar 2026 | 50.11 | 48.30 to 50.38 | -0.44% | 1.33 times |
| 06 Fri Mar 2026 | 50.33 | 48.54 to 50.66 | -3.08% | 1.51 times |
| 05 Thu Mar 2026 | 51.93 | 51.36 to 52.35 | -1.42% | 1.1 times |
| 04 Wed Mar 2026 | 52.68 | 52.29 to 54.02 | 0.34% | 5.48 times |
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