Tamilnad Mercantile Bank Stock Net Income

TMB Stock   473.35  1.05  0.22%   
Tamilnad Mercantile Bank fundamentals help investors to digest information that contributes to Tamilnad Mercantile's financial success or failures. It also enables traders to predict the movement of Tamilnad Stock. The fundamental analysis module provides a way to measure Tamilnad Mercantile's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tamilnad Mercantile stock.
Last ReportedProjected for Next Year
Net Income10.7 B5.7 B
Net Income From Continuing Ops10.7 B9.7 B
As of December 1, 2024, Net Income is expected to decline to about 5.7 B. In addition to that, Net Income From Continuing Ops is expected to decline to about 9.7 B.
  
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Tamilnad Mercantile Bank Company Net Income Analysis

Tamilnad Mercantile's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Tamilnad Mercantile Net Income

    
  10.72 B  
Most of Tamilnad Mercantile's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tamilnad Mercantile Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Tamilnad Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

71.13 Billion

At present, Tamilnad Mercantile's Accumulated Other Comprehensive Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, Tamilnad Mercantile Bank reported net income of 10.72 B. This is much higher than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all India stocks is significantly lower than that of the firm.

Tamilnad Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tamilnad Mercantile's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tamilnad Mercantile could also be used in its relative valuation, which is a method of valuing Tamilnad Mercantile by comparing valuation metrics of similar companies.
Tamilnad Mercantile is currently under evaluation in net income category among its peers.

Tamilnad Fundamentals

About Tamilnad Mercantile Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tamilnad Mercantile Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tamilnad Mercantile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tamilnad Mercantile Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Tamilnad Stock

Tamilnad Mercantile financial ratios help investors to determine whether Tamilnad Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tamilnad with respect to the benefits of owning Tamilnad Mercantile security.