Financial Reports 1st Quarter 2010
Financial Highlights
Net profit in first quarter: NIS 172 million
Compared to NIS 110 million in the corresponding period last year
56.4% growth
Return on equity: 10.8% (1)
Compared to 7.5% in the corresponding period last year and 8.5% in all of 2009
Profit from financing operations: NIS 630 million
Compared to NIS 584 million in the corresponding period last year
7.9% growth
Income from operating commissions: NIS 329 million
Compared to NIS 309 million in the corresponding period last year
6.5% growth
Ratio of capital to risk elements: 14.14% (Tier I capital - 8.0%) (2)
Compared to 14.25% at end of 2009
(1) Return on equity in terms of the strategic plan (Tier I capital 6.7%) 12.8%. See further details.
(2) After voluntary early implementation by the Bank of the Supervisor of Banks' directives with regard to buyer groups. See further details.
For additional information: Bank Spokesperson: 03-7559227
Further Information
Financial Reports (pdf 777KB)
Analysts presentation (pdf 187KB)
To view the reports, please verify you have the latest version of the Acrobat software.
