financial reports 1st quarter 2023

Net profit in the first quarter: NIS 1,367 million
Compared to NIS 1,154 million in the corresponding period last year
Increase of 18.5%

Return on equity in the first quarter: 22.4%
Compared to 21.9% in the corresponding period and 20.1% for all of 2022

Financing revenues in the first quarter: NIS 3,233 million
Compared to NIS 2,261 million in the first quarter of 2022
Increase of 43.0%

Financing revenues from current operations: NIS 2,942 million
Compared to NIS 1,834 million in the first quarter of 2022
Increase of 60.4%

Cost Income Ratio: 37.6%

Dividend distribution amounting to NIS 410.1 million – 30% of the profit in the first quarter

Further Information

​​Press Release (PDF)

Financial Reports​ (PDF)

Risk Management Report​​​​​​​​ (PDF)

Key Features of Equity Instruments​​​​​ ​(PDF)

Analyst Presentation​​​​​​​ (PDF)

Conference Call (18.33 min.)