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
Tamilnad Mercantile Bank announces cessation of MD & CEO
With effect from 07 June 2024
Announcement as on 08 June 2024
RBI approves a Committee of Executives (CoE) in Tamilnad Mercantile Bank as an interim arrangement
RBI approves Committee of Executives in Tamilnad Mercantile Bank as an interim arrangement. CoE comprises S Narayanan, D Ramesh, PR Ashok Kumar. Bank selecting suitable candidates for top post, unclear why Krishnan's successor not selected after 8 months.
Announcement as on 02 June 2024
Tamilnad Mercantile Bank reports standalone net profit of Rs 253.06 crore in the March 2024 quarter
Total Operating Income rise 17.16% to Rs 1253.71 crore
Announcement as on 22 April 2024
Tamilnad Mercantile Bank net profit falls flat at Rs 253 crore in Q4
The bank posted a net profit of Rs 284 crore for the October-December 2023 quarter
Announcement as on 22 April 2024
Tamilnad Mercantile Bank Q4 Results: Net profit flat at Rs 253 crore
Operating profit for the quarter was lower at Rs 367 crore as compared to Rs 404 crore. Net interest income during the quarter was however 5.6% higher over the year-ago period. The board of the bank recommended a 100% dividend, or Rs 10 per share for FY24.
Announcement as on 22 April 2024
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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 |
| 14 Fri Aug 2026 | 61.56 | 61.09 to 61.70 | 0.26% | 0.6 times |
| 13 Thu Aug 2026 | 61.40 | 61.14 to 62.16 | 0.15% | 0.68 times |
| 12 Wed Aug 2026 | 61.31 | 60.86 to 61.63 | 0.76% | 0.54 times |
| 11 Tue Aug 2026 | 60.85 | 60.59 to 61.21 | 0.43% | 0.48 times |
| 10 Mon Aug 2026 | 60.59 | 59.35 to 60.97 | -0.18% | 0.99 times |
| 07 Fri Aug 2026 | 60.70 | 59.31 to 61.37 | -1.03% | 1.36 times |
| 06 Thu Aug 2026 | 61.33 | 61.05 to 62.35 | -1.05% | 1.47 times |
| 05 Wed Aug 2026 | 61.98 | 61.33 to 62.05 | 0.08% | 1.73 times |
| 04 Tue Aug 2026 | 61.93 | 60.44 to 61.97 | 1.99% | 1.3 times |
| 03 Mon Aug 2026 | 60.72 | 60.43 to 61.75 | 1.07% | 0.76 times |
| 31 Fri Jul 2026 | 60.08 | 59.25 to 61.63 | 0.59% | 0.69 times |
| 30 Thu Jul 2026 | 59.73 | 59.43 to 62.39 | -1.16% | 0.66 times |
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