The Karnataka Bank vs Tamilnad Mercantile Bank: Share Price, Valuation and Results Compared

The Karnataka Bank Limited (NSE: KTKBANK) and Tamilnad Mercantile Bank Ltd (NSE: TMB) are both listed in the Private Bank industry. The Karnataka Bank has a market capitalisation of ₹11,291 Cr and Tamilnad Mercantile Bank ₹12,428 Cr, as of 9 Nov 2026. Their P/E ratios are 8.6 and 9.3 respectively. Return on equity is 10.36% for The Karnataka Bank and 13.99% for Tamilnad Mercantile Bank. Over one year, The Karnataka Bank's share price is up 86.9% and Tamilnad Mercantile Bank's is up 67.1%.

The Karnataka Bank vs Tamilnad Mercantile Bank — Key Figures

MetricThe Karnataka BankTamilnad Mercantile Bank
NSE SymbolKTKBANKTMB
BSE Code532652543596
Share Price₹333.00₹834.40
Market Cap₹11,291 Cr₹12,428 Cr
P/E Ratio8.69.3
Return on Equity10.36%13.99%
Return on Assets1.05%1.89%
Dividend Yield1.68%1.59%
Beta (1Y)0.050.54
1-Year Price Change+86.9%+67.1%
3-Month Price Change+9.1%-6.3%
52-Week Range₹173.80 – ₹345.90₹491.50 – ₹954.20
Latest QuarterQ2 FY27Q2 FY27
Quarterly Revenue₹2,794 Cr₹2,052 Cr
Quarterly Net Profit₹436 Cr₹451 Cr
Net Margin15.6%22.0%
EPS (Basic, Quarter)₹11.52₹28.49
Results Basisconsolidatedstandalone
HeadquartersMangalore, KarnatakaThoothukudi, Tamil Nadu

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

The Karnataka Bank Limited

The Karnataka Bank Limited provides various banking and financial services in India. It operates through four segments: Treasury operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The Corporate/Wholesale Banking segment provides various fund and non-fund-based products, including term loans, working capital facilities, foreign exchange services, structured finance, as well as trade financing products, such as letters of credit, guarantees, and bill discounting. The Retail Banking segment offers home, automobile, personal, and education loans; loans against t…

Tamilnad Mercantile Bank Ltd

Tamilnad Mercantile Bank Limited provides banking and financial products and services in India. It operates through the Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations segments. The company offers savings, fixed, recurring, term deposit, and current accounts; debit and credit cards; and demat and equity trading accounts, portfolio management, POS terminal, e-tax payment, online bill payment, mutual fund, insurance, sovereign gold bond scheme, forex, and Internet and mobile banking services. It also provides home, car, two-wheeler, personal, LAP, pension,…

Frequently Asked Questions

Which is larger by market cap, The Karnataka Bank or Tamilnad Mercantile Bank?

Tamilnad Mercantile Bank has a market capitalisation of ₹12,428 Cr, against ₹11,291 Cr for The Karnataka Bank as of 9 Nov 2026, about 1.1 times the size by market cap.

What is the P/E ratio of The Karnataka Bank and Tamilnad Mercantile Bank?

The Karnataka Bank has a P/E of 8.6 and Tamilnad Mercantile Bank a P/E of 9.3 as of 9 Nov 2026.

What is the return on equity of The Karnataka Bank and Tamilnad Mercantile Bank?

The Karnataka Bank has a return on equity of 10.36% and Tamilnad Mercantile Bank 13.99%.

How have The Karnataka Bank and Tamilnad Mercantile Bank shares moved over one year?

The Karnataka Bank's share price is up 86.9% over one year and Tamilnad Mercantile Bank's is up 67.1%.

What were the latest quarterly results of The Karnataka Bank and Tamilnad Mercantile Bank?

The Karnataka Bank reported revenue of ₹2,794 Cr and net profit of ₹436 Cr for Q2 FY27. Tamilnad Mercantile Bank reported revenue of ₹2,052 Cr and net profit of ₹451 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are The Karnataka Bank and Tamilnad Mercantile Bank in?

Both are classified under Banks > Private Bank on FinBizNet.

Is this comparison a recommendation to buy or sell The Karnataka Bank or Tamilnad Mercantile Bank?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.