Phoenix Financial Ltd. (TLV:PHOE)
Israel · Delayed Price · Currency is ILS · Price in ILA 16,650
-250 (-1.48%)
Jul 9, 2026, 5:29 PM IDT
Phoenix Financial Earnings Call Transcripts
Fiscal Year 2026
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Q3 and YTD results showed robust growth in income, ROE, and segment performance, with updated 2028 guidance targeting ILS 3.3–3.5 billion core income and over 25% ROE. Dividend and buyback activity remain strong, supported by high solvency and cash flow.
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Comprehensive income reached ILS 1.3 billion with 16% ROE in the first nine months, driven by strong insurance and asset management results. Solvency remains robust, dividends and buybacks exceeded ILS 500 million, and IFRS 17 is expected to boost income and ROE.