Financial Reports 3rd Quarter 2017
Financial Highlights
In the third quarter of 2017, management and the Employee Association reached understandings with regard to a new wage agreement at the Bank for the years 2016-2021. The effect of the agreement on net profit in the third quarter amounted to NIS 104 million.
The known CPI in the third quarter declined by 0.5%. The impact of the negative CPI on net profit in the third quarter amounted to NIS 40 million.
Net profit for the third quarter (taking into account the aforementioned effects): NIS 261 million
Return on equity: 8.0%
Net profit for the first nine months: NIS 982 million
Return on equity: 10.1%
Financing revenues from current operations in the third quarter:
NIS 1,105 million
Compared to NIS 990 million in the corresponding period in 2016
11.6% growth
Loans to the public at the end of the quarter: NIS 178.6 billion
An increase of 5.9% compared to the corresponding period last year
Deposits from the public at the end of the quarter: NIS 184.2 billion
An increase of 6.0% compared to the corresponding period last year
Dividend amounting to NIS 78.3 million to be distributed with respect to third quarter earnings
Further Information
Press Release (PDF)
Financial Reports (PDF)
Risk Management Report (PDF)
Analysts Presentation (PDF)
Key Features of Equity Instruments (PDF)
Confrence Call (42.21 min.)
Accessible Reports
Press Release (PDF)
Financial Reports (PDF)
Risk Management Report (PDF)
Analysts Presentation (PDF)
Key Features of Equity Instruments(PDF)
