|1||Earnings Per Share||Rs. 28.27/-|
|2||PAT Growth% (YoY)||6.1%|
|3||Past 5 year growth in PAT||13.1%|
|4||Industry Valuation Multiple(Price/Book Value)||3.5x|
|5||Annual Sales (in crs.)||Rs. 52,946.84/-|
TMB, is a bank which exists since 95 years! It was initially formed in 1921 under the name of “The Nadar Bank Ltd”. It had small beginning with only 4 branches till 1947. Today it has grown to over 500 full-fledged branches across India, 1057 Automated Teller Machines, 12 Regional Offices, 4 Currency Chests , 11 Extension Counters, 6 Central Processing Centres and 1 Service Branch.
TMB was awarded “The Winner under Credit Quality Category for FY 2014-15 instituted by FE India’s Best Banks Awards”. Over time, it has won several awards showing its superior organisational performance.
It is the only private sector scheduled bank making profits since 1921. During the year 2015-16, deposits with TMB have crossed Rs. 30,000/- cr. Advances have crossed Rs. 22,500/- cr. The company’s return on equity is a healthy 14.39%. Additionally, the net interest margin is healthy at 3.52%. Net Non-performing assets is low at 0.89%. Earning per share is Rs. 14,138/- with a face value of Rs. 10/-. The company pays high dividend of 16000% i.e. Rs. 1,600 per share since 2013-14. In 2016, the bank has declared a bonus of 1:500.
TMB plans to add more branches, ATMs and increase presence in rural/semi urban centers which have huge untapped potential. In FY17, TMB plans to add 11 more branches, 150 odd ATMS and a few e-lobbies. It will continue to grow and have stronger PAN-India presence.
EPS of the share in 2015-16 was Rs. 28 (after the bonus issue).
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