Financial Reports Annual 2023

Net profit in 2023: NIS 4,910 million
Compared to NIS 4,472 million in 2022
Increase of 9.8%

Return on equity in 2023: 19.1%
Compared to 20.1% in 2022*

Cost Income Ratio: 37.7%
Compared to cost income ratio of 45.2% in 2022*

Financing revenues from current operations:
NIS 11,679 million
Compared to NIS 9,455 million in 2022
Increase of 23.5%

Dividend distribution of NIS 209.4 million
20% of the profit in the fourth quarter of 2023

Total dividend with respect to 2023 earnings:
NIS 1,274 million

* Excluding capital gain from realized assets – return on equity in 2022: 19.0%; Cost-income ratio: 46.4%

Further Information

​​Press Release (PDF)

​Financial Reports (PDF)

Risk Management Report​​​ (PDF)

Key Features of equity instruments (PDF)

Analysts Presentation (PDF)

Conference Call (14.59 min.)