28-11-2022Financial Reports 3rd Quarter 2022

Net profit in the third quarter of 2022: NIS 1,178 million
Compared to NIS 845 million in the corresponding period last year
Increase of 39.4%

Net profit for the first nine months: NIS 3,385 million
Compared to NIS 2,509 million in the corresponding period in 2021
And net profit of NIS 3,188 million for all of 2021

Accelerated growth in loans to the public:
At the end of the third quarter amounted to NIS 304.1 billion,
Increase of 17.1% compared to the corresponding period in 2021

In the first 9 months, the loan portfolio increased by NIS 32.7 billion

Return on equity in the third quarter: 20.8%
Return on equity in the first nine months: 20.6%*

Cost-Income Ratio:
In the third quarter of 2022: 43.3%
In the first nine months of this year: 43.8%

Dividend distribution amounting to NIS 353.4 million - 30% of the profit in the third quarter

* Excluding net capital gain from realized assets, included on the financial statements
for the first quarter, return on equity was 18.9%

Further Information

​​Press Release

Financial Reports​ (PDF)

Risk Management Report​​​​​​​​ (PDF)

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

Analyst Presentation​​​​​​​ (PDF)