Israel · Delayed Price · Currency is ILS · Price in ILA Israel Discount Bank Earnings Call Transcripts
Fiscal Year 2026
-
Q2 net income reached ILS 1.2B with 14% ROE, stronger credit metrics, and a 44% cost-income ratio. CAL’s pending sale may lift capital by 0.6 percentage points, while cost reductions and digital initiatives continue.
-
Q1 net income was ILS 330 million, pressured by the bank tax, negative CPI and collective provisions. Loan growth and asset quality remained strong, while management advanced cost cuts and awaited the CAL sale.
Fiscal Year 2025
-
Delivered strong 2025 results with net income of ILS 4.14B and ROE of 12.6%, driven by 8% loan growth and improved cost efficiency. Pending Cal sale expected to boost capital ratios, while strategic initiatives and management changes aim to enhance future profitability.
-
Q3 2025 saw strong net income, improved cost efficiency, and robust credit growth, with a 50% dividend payout announced. Asset quality and capital ratios remain solid, while margin pressures and isolated credit losses were noted. Dividend policy and efficiency focus continue.
-
Net income reached ILS 1.12bn and adjusted net income ILS 1.27bn, with credit growth and solid asset quality. A 50% profit distribution and efficiency initiatives underpin the outlook, while conflict and margin pressure remain risks.
-
Net income reached ILS 1.036 billion with 13% ROE, driven by strong credit growth and stable asset quality. Dividend policy raised to 50% of net income, pending regulatory approval, and KAL divestment is progressing with multiple offers.
Fiscal Year 2024
-
Record net income of ILS 4.3 billion and 8% credit growth highlight strong 2024 results, with robust capital and liquidity ratios. Strategic plan targets 13.5% ROE and 50% dividend payout by 2030, focusing on digital transformation and operational efficiency.
-
Q3 2024 saw net income over ILS 1.1 billion and 3.2% credit growth, with strong asset quality and capital ratios. Dividend and buyback total 40% of net profit, while ongoing conflict and fiscal deficit remain key risks.
-
Q2 2024 saw net income over ILS 1 billion, 14.1% ROE, and 2.5% credit growth, with strong capital and liquidity. Strategic moves include full PayBox acquisition and a 15% stake sale in IDB New York to boost U.S. operations.