Financial Reports 1st Quarter 2018
Financial Highlights
Net profit in the first quarter of 2018: NIS 343 million
Compared to NIS 321 million in the corresponding period last year
6.9% increase
Shareholders' equity: NIS 13.9 billion
Compared to NIS 13 billion in the corresponding period
6.7% growth
Return on equity: 10.3%
Compared to 10.2% for all of 2017.
Despite the aforementioned growth in shareholders' equity
Financing revenues (interest and non-interest): NIS 1,171 million
Compared to NIS 1,026 million in the corresponding period in 2017
14.1% increase
Total revenues: NIS 1,544 million
Compared to NIS 1,395 million in the corresponding period
10.7% increase
Cost-Income ratio: 59.1%
As resolved by the Board of Directors, the Bank increased the dividend rate to 40% as from the first quarter and will distribute NIS 137.2 million
Further Information
Press Release (PDF)
Financial Reports (PDF)
Analysts Presentation (PDF)
Key Features of Equity Instruments (PDF)
Conference call (21.31 min.)
Further Information - Accessible Files
Press Release (PDF)
Financial Reports (PDF)
Risk Management Report (PDF)
Key Features of Equity Instruments (PDF)