Financial Reports 2nd Quarter 2007
30 August, 2007
Financial Highlights
Net Profit in First Half: NIS 577 million ($135.8 million)
Compared with NIS 340 million ($80.0 million) in same period last year
Growth of 70%
Net Return on Equity: 23.1%
Compared with 14.5% in same period last year
And 13.0% in full year 2006
Net Profit Excluding Effects of Non-Recurring
Items: NIS 347 million ($81.7 million)
Compared with NIS 291 million ($68.5 million) in the first half of 2006
Growth of 19.2%
Reflects return on equity of 13.6%
Net Profit in Second Quarter: NIS 207 million ($48.7 million)
Reflects return on equity of 16.2%
Profit from financing operations: NIS 996 million ($234.4 million)
Compared with NIS 936 million ($220.3 million) in the same period last year
Growth of 6.4%
Dividend distribution of NIS 125 million ($29.4 million)
On August 20, 2007, the Bank's Board of Directors resolved to pay a dividend of NIS 125 million. The record date for the dividend payment is September 3, 2007, the ex-date is September 4, 2007 and the payment date is September 19, 2007.
For additional information: Bank Spokesperson: 03-7559227
Further Information
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