Category: Mizrahi

  • Mizrahi Tefahot to pay huge dividend on record 2024 profit

    Mizrahi Tefahot Bank (Tase: MZTF) witnessed a 11 % increase in net profits in 2024. The bank informed its fourth financial results and the full 2024 this morning with a net net profit of 5.5 billion NIS last year, and the bank’s return is likely to be in 2023. In…

  • Mizrahi Tefahot: Divert investments back to Israel

    David Shellly, regional financial advisor to Mizrahi Tefahot Regional, which was interviewed before the depreciation of the Deepseek market, decreased, on the reflection of the bond return curve. The return on government bonds should be higher as they invested, and it is usually. But the return curve, which constantly depicts…

  • Mizrahi Tefahot Q3 profit jumps 30%

    Mizrahi Tefahot Bank announced net profits of NIS 1.4 billion for the third quarter of 2024, a 30% increase over the corresponding quarter of 2023 with the highest return on equity – 19% – of any Israeli bank announced to date. The bank’s net interest income reached 3.16 billion shekels…

  • Mizrahi Tefahot lends Omer Adam’s server farm co NIS 410m

    Mizrahi-Tefahot Bank lends 410 million shekels to Annan data centers. Behind the project is PAI, a company owned by singer Omar Adam and his family. Adam’s business partners, the Maor brothers and Sinir Maloul, owners of the real estate company HSM Europe-Israel Investments; and the Swiss-based Layan Group of Nissim…

  • Mizrahi Tefahot lends Omer Adam’s server farm co NIS 410m

    Mizrahi-Tefahot Bank lends 410 million shekels to Annan data centers. Behind the project is PAI, a company owned by singer Omar Adam and his family. Adam’s business partners, the Maor brothers and Sinir Maloul, owners of the real estate company HSM Europe-Israel Investments; and the Swiss-based Layan Group of Nissim…

  • Mizrahi Tefahot posts highest Q2 ROE among Israel’s banks

    Mizrahi Tefahot Bank, Israel’s third-largest bank, reported a net profit of NIS 1.45 billion in the second quarter, up 3.4% from the same quarter in 2023. Mizrahi Tefahot is the second bank to report an increase in profits on an annual basis, after Bank Hapoalim. Discount Bank and Bank Leumi…

  • Mizrahi Tefahot posts NIS 1.27b profit, declares maximum dividend

    Mizrahi-Tefahot Bank released its first-quarter financials today, reporting a net profit of NIS 1.27 billion, 6.9% less than in the corresponding quarter of 2023, but 21% more than in the previous quarter, which was an unusually bad quarter. For all banks after the outbreak of war. The bank’s annual return…