Mizrahi Tefahot Bank Income Statement

Financials in millions ILS. Fiscal year is January - December.

Millions ILS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	26,703	25,798	24,005	16,195	10,557
Interest Paid on Deposits	14,976	13,984	12,030	5,955	2,872
Net Interest Income	11,727	11,814	11,975	10,240	7,685
Net Interest Income Growth (YoY)	-0.74%	-1.34%	16.94%	33.25%	32.05%
Gain (Loss) on Sale of Assets	-	-	-	371	18
Gain (Loss) on Sale of Investments	216	43	-113	-145	179
Other Non-Interest Income	2,645	2,864	2,918	3,202	2,438
Total Non-Interest Income	2,861	2,907	2,805	3,428	2,635
Non-Interest Income Growth (YoY)	-1.58%	3.64%	-18.17%	30.09%	29.74%
Revenues Before Loan Losses	14,588	14,721	14,780	13,668	10,320
Provision for Loan Losses	228	519	1,463	532	-278
Revenue	14,360	14,202	13,317	13,136	10,598
Revenue Growth (YoY)	1.11%	6.65%	1.38%	23.95%	55.83%
Salaries and Employee Benefits	3,289	3,381	3,487	3,984	3,495
Occupancy Expenses	1,081	992	1,098	1,012	1,002
Selling, General & Administrative	194	178	175	141	128
Other Non-Interest Expense	675	671	809	1,036	943
Total Non-Interest Expense	5,222	5,206	5,568	6,168	5,578
EBT Excluding Unusual Items	9,138	8,996	7,749	6,968	5,020
Pretax Income	9,138	8,996	7,749	6,968	5,020
Income Tax Expense	3,280	3,326	2,669	2,356	1,730
Earnings From Continuing Operations	5,858	5,670	5,080	4,612	3,290
Minority Interest in Earnings	-228	-215	-170	-140	-102
Net Income	5,630	5,455	4,910	4,472	3,188
Net Income to Common	5,630	5,455	4,910	4,472	3,188
Net Income Growth	3.21%	11.10%	9.79%	40.28%	98.01%
Basic Shares Outstanding	260	258	257	256	256
Diluted Shares Outstanding	261	260	258	257	258
Shares Change (YoY)	0.53%	0.43%	0.44%	-0.29%	7.17%
EPS (Basic)	21.69	21.12	19.07	17.47	12.47
EPS (Diluted)	21.58	21.02	19.00	17.38	12.35
EPS Growth	2.66%	10.63%	9.32%	40.73%	84.60%
Dividend Per Share	10.337	8.440	4.944	3.871	5.883
Dividend Growth	22.49%	70.69%	27.71%	-34.20%	-
Effective Tax Rate	35.89%	36.97%	34.44%	33.81%	34.46%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.