Tmb Bank Share Price Trends and Financials

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Tmb Bank's share price has shown a steady increase over the past year, with a significant jump in value in the second quarter of 2022.

According to the bank's financial reports, Tmb Bank's revenue has consistently grown over the past five years, reaching a high of 12.6 billion Thai baht in 2022.

The bank's net profit has also seen a significant surge, increasing by 25% in 2022 compared to the previous year.

Financials

TMB Bank's financial performance is a crucial aspect to consider when evaluating its share price.

The bank reported a net profit of Rs. 1,234 crores in FY 2022, a significant increase from the previous year's net profit of Rs. 876 crores.

TMB Bank's total assets stood at Rs. 83,456 crores as of March 2022, a 15% increase from the previous year.

The bank's return on equity (ROE) was 12.5% in FY 2022, indicating a healthy profit margin.

TMB Bank's financial stability is reflected in its low non-performing assets (NPAs) ratio of 1.5% as of March 2022.

Net Profit Soars to ₹303 Crore

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Tamilnad Mercantile Bank has seen a significant increase in its net profit, jumping to ₹303 Crore.

This impressive growth can be attributed to the bank's improved asset quality, with Gross NPA decreasing to 1.37% from 1.70% year on year.

The bank's focus on reducing its non-performing assets has clearly paid off, allowing it to achieve this remarkable net profit.

Gross NPA is a key indicator of a bank's financial health, and Tamilnad Mercantile Bank's reduction in this metric is a testament to its sound management practices.

Net NPA, another important metric, has also decreased to 0.46% from 0.99% year on year, further contributing to the bank's improved financials.

Return

The return on investment (ROI) is a crucial metric to consider when evaluating the financial performance of a business. It can be calculated by dividing net income by total investment.

A high ROI indicates a profitable investment, while a low ROI suggests a less desirable investment. For example, a 20% ROI is generally considered good.

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The return on equity (ROE) is another important metric that measures a company's profitability relative to shareholder equity. A high ROE indicates a company is generating strong profits from its equity.

A company with a high ROE is likely to attract investors and have a competitive advantage in the market.

Stock Analysis

Tamilnad Mercantile Bank Ltd. has shown a 16.62% annual revenue growth, which outperformed its 3-year CAGR of 8.81%.

The bank's share price has moved down by -0.04% from its previous close of Rs 457.00, with the current stock price being Rs 456.85.

Tamilnad Mercantile Bank Ltd. has a 3-year revenue CAGR of 8.81%, which is lower than its annual revenue growth of 16.62%.

Here's a comparison of the bank's performance with its peers over the past year:

The bank's return on equity (ROE) is 13.53%, which is higher than its peers, including Bandhan Bank (10.31%) and Karur Vysya Bank (15.98%).

Price Movement

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The TMB Bank share price has been fluctuating, with a low of 456.50 and a high of 461.60 on the current trading day.

Over the past 52 weeks, the bank's share price has ranged from a low of 418.50 to a high of 515.05.

The 50 Day, 100 Day, and 300 Day moving averages are 458.27, 461.44, and 467.40 respectively, indicating a moderately bearish to neutral trend.

Here's a breakdown of the current price movement:

The share price has been down 3.9% over the last 30 days and 9.2% over the last one year.

Results

As we dive into the price movement of a company, let's take a closer look at the results section of their financial report. The equity capital has remained steady at 158.35 crore for the past two years.

One thing that caught my eye is the increase in reserves from 4,437.47 crore in 2021 to 7,762.85 crore in 2024, a significant jump of 74% in just three years.

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The net worth of the company has also seen a steady increase, rising from 4,579.98 crore in 2021 to 7,921.2 crore in 2024, a growth of 73% over the same period.

Here's a breakdown of the company's equity and reserves over the past four years:

The steady increase in equity capital and reserves is a positive sign for the company's financial health.

Moving Average

In the world of price movement, understanding moving averages is crucial for making informed decisions. A moving average is a calculation of a stock's price over a specific period of time.

The article highlights three key moving averages: 50 Day, 100 Day, and 300 Day. These averages are calculated by taking the average price of the stock over the specified period.

The 50 Day moving average is currently at 458.27, while the 100 Day moving average is at 461.44. This indicates that the stock's price has been relatively stable over the past 100 days.

The 300 Day moving average is the longest of the three, and it's currently at 467.40. This suggests that the stock's price has been in an upward trend over the past year.

Here's a summary of the moving averages:

Short Term: Last 1-2 Weeks Price Movement

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The last 1-2 weeks have seen some movement in the market, and if we take a closer look at the price movement of Tamilnad Mercantile Bank, we can see that the 50 Day price is at 458.27.

The price movement over this short term is considered to be moderately bearish, according to the analysis.

Let's take a look at some key numbers to get a better understanding of the situation. Here's a table showing the 50 Day, 100 Day, and 300 Day prices:

This gives us a good idea of the price movement over different timeframes, and can help us make more informed decisions about our investments.

About

I'm excited to share with you what I've learned about price movement.

Price movement can be influenced by supply and demand, which is closely tied to the economy.

The stock market is a great example of this, where changes in consumer spending and business confidence can impact stock prices.

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In a bull market, investors are optimistic and eager to buy, causing prices to rise.

A key indicator of a bull market is the 50-day moving average, which is often used to gauge market momentum.

The 50-day moving average is calculated by taking the average closing price of a stock over the past 50 days.

This indicator is useful in identifying trends and potential reversals in the market.

Price movement can also be influenced by external factors, such as interest rates and inflation.

Changes in interest rates can impact borrowing costs and consumer spending, which can in turn affect stock prices.

Inflation, on the other hand, can erode purchasing power and reduce the value of money, leading to lower stock prices.

Understanding these factors is crucial in making informed investment decisions.

Insights and Analysis

Tamilnad Mercantile Bank's share price has seen a slight dip, moving down by -0.04% from its previous close of Rs 457.00.

The company's annual revenue growth of 16.62% has outperformed its 3 year CAGR of 8.81%.

Credit: youtube.com, Tamilnad Mercantile Bank Stock Analysis: Key Levels & Insights for Traders

You can check the current share price at Rs 456.85, a decrease from the previous day's Rs 457.00.

Here's a quick snapshot of the company's share price update:

Tamilnad Mercantile Bank's stock score can be viewed on a 10-point scale, providing a comprehensive assessment of its performance.

News

The TMB Bank share price has been making headlines lately, and it's essential to stay informed about the latest developments.

TMB Bank's share price has been impacted by the economic downturn in Thailand, with a decline of 15% in the past quarter.

The bank's net profit has been affected by the increase in bad loans, which rose to 2.5% of total loans in the first quarter.

TMB Bank has been working to reduce its bad loans by implementing stricter lending standards.

The bank's efforts to improve its financial health have been reflected in its improved asset quality ratio, which increased to 94.5% in the first quarter.

The Thai government's stimulus package has provided a boost to the economy, which has helped TMB Bank's share price to recover slightly.

However, the bank's share price remains volatile and is influenced by various market and economic factors.

Key Metrics and Data

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The key metrics and data for TMB Bank share price are quite interesting. The market capitalization of the bank is ₹7,246.16 crore, which is a significant figure.

The PE ratio of TMB Bank is 6.41, which is relatively low compared to other banks. This could indicate that the stock is undervalued. The EPS (Earnings Per Share) for the past 12 months is ₹71.22.

The dividend yield of TMB Bank is 2.19%, which is a decent return for investors who are looking for regular income. The face value of the stock is ₹10.00, and the current market value is ₹458.38.

Here's a breakdown of the key metrics:

The beta of TMB Bank is not available, which means that it is not possible to determine the volatility of the stock. The 52-week high and low prices are ₹514.70 and ₹418.10, respectively. The book value per share is ₹500.23, and the market capitalization to sales ratio is 1.59.

Frequently Asked Questions

Is TMB share a good investment?

TMB shares may be a good investment option, backed by the bank's strong financial performance and 14.2% PAT growth over the past two years. However, it's essential to conduct thorough research and consider various factors before making an investment decision

What is the price target of TMB in 2025?

The predicted price target for TMB in 2025 is Rs 468.39 by January 2025, with a potential to reach Rs 555.85 by December 2025, pending favorable economic and industry trends.

Matthew McKenzie

Lead Writer

Matthew McKenzie is a seasoned writer with a passion for finance and technology. He has honed his skills in crafting engaging content that educates and informs readers on various topics related to the stock market. Matthew's expertise lies in breaking down complex concepts into easily digestible information, making him a sought-after writer in the finance niche.

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