Financial Reports 1st Quarter 2024

Net profit in the first quarter: NIS 1,272 million
Compared to NIS 1,367 million in the corresponding quarter last year
6.9% decrease
And compared to NIS 1,047 million in the fourth quarter of 2023
21.5% increase

Return on equity in the first quarter: 18.1%
Compared to 22.4% in the corresponding quarter last year
And compared to 15.5% in the fourth quarter of 2023

Financing revenues in the first quarter: NIS 3,030 million
Compared to NIS 3,233 million in the corresponding quarter last year
6.3% decrease
And compared to NIS 2,522 million in the fourth quarter of 2023
20.1% increase

Cost Income Ratio: 35.5%
The best the Bank has presented to date

Dividend distribution amounting to NIS 508.8 million - 40% 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 (22.35 min.)