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Mizrahi Tefahot
Company page · Banks

Mizrahi Tefahot

TASE : MZTFISIN : IL0006954379Headquarters: LodBank accounts: Bank of Israel rules · in ₪M

Mizrahi Tefahot Bank Ltd., together with its subsidiaries, provides various banking services in Israel and internationally. Based in Ramat Gan.

Price₪221.70+0.5% · session of 12/11/2026
Market cap₪57.8bnprice × number of shares
Next resultsno later than 30/11/2026Quarterly report
1-year price−0.3% over the period
Analysis in brief · H1 2026

Mizrahi Tefahot: net income down (−2.8%), credit provisions sharply down (−23.9%), loans up (+12.5%).

  • Net income down

    Net income (attributable to shareholders): ₪2,666M, vs. ₪2,743M a year earlier, i.e. −2.8%.

    H1 2026
  • Credit provisions sharply down

    Credit loss expenses: ₪121M, vs. ₪159M a year earlier, i.e. −23.9%.

    H1 2026
  • Loans up

    Loans to the public: ₪423,726M, vs. ₪376,672M a year earlier, i.e. +12.5%.

    H1 2026
  • Deposits up

    Deposits from the public: ₪474,424M, vs. ₪417,394M a year earlier, i.e. +13.7%.

    H1 2026
  • Interest income down

    Net interest income: ₪5,705M, vs. ₪5,892M a year earlier, i.e. −3.2%.

    H1 2026
Built automatically from the published figures.
Strength and credit quality · as of 30/06/2026

Sector indicators

Ratio Tier 1 (fonds propres durs)10.22%10.41% a year earlier
Total capital ratio12.98%Regulatory minimum: 12.5%
Non-performing loans (NPL) / loans0.88%1.03% a year earlier (read from a chart in the presentation)

Figures copied from the company's document: Q2 2026 risk report and analyst presentation. They are not included in the Maya financial summary. No opinion, no recommendation.

Valuation

What the market pays, vs. the sector

P/E10.4Sector median: 10.4
P/B1.6Sector median: 1.5
Dividend yield3.5%dividends over the last 12 months / price
12-month range₪197.00 – ₪243.40monthly closes

This company's valuation multiples history is being built day by day from now on.

P/E calculated on net income (trailing 12 months: last fiscal year + H1 2026 − same period a year earlier). Sector median: companies in the Israeli banks group tracked here. Prices: Yahoo Finance; market cap cross-checked with the Tel Aviv Stock Exchange for Israeli stocks. These ratios describe a price, not a value: none of them says whether the share is expensive or cheap.

Dividends

Dividend per share, over 5 years

₪4.822021₪3.662022₪5.402023₪7.232024₪9.652025₪7.822026 (to date)

Total dividends per share paid each calendar year (5 year(s) out of 5 with a payment). Source: Yahoo Finance. The current year is not complete.

Insiders

Trades by executives and interested parties

25 filing(s) over 12 months · on shares: 14 increase(s) and 0 decrease(s) in holdings.

DateHolderSecurityDirectionQuantityPrice
08/10/2026.M.W.Z (Holdings) Ltd
Interested party		SharesUp40,926₪222.28Maya ›
07/10/2026.M.W.Z (Holdings) Ltd
Interested party		SharesUp30,000₪224.00Maya ›
07/09/2026Moshe Lari
Director		OptionsDown48,904—Maya ›
02/09/2026Hanan Kikozashvili
Executive		OptionsDown8,565—Maya ›
31/08/2026Shevy Shemer
Executive		OptionsDown18,533—Maya ›
28/08/2026Galit Wiezer
Executive		OptionsDown13,684—Maya ›
27/08/2026Ofir Morad
Executive		OptionsDown18,533—Maya ›
26/08/2026Meital Haroush
Executive		OptionsDown18,533—Maya ›
14/07/2026.M.W.Z (Holdings) Ltd
Interested party		SharesUp9,011₪210.97Maya ›
01/07/2026.M.W.Z (Holdings) Ltd
Interested party		SharesUp12,458₪196.50Maya ›
08/06/2026L.Y.N (Holdings) Ltd
Interested party		SharesUp49,505₪202.01Maya ›
03/06/2026L.Y.N (Holdings) Ltd
Interested party		SharesUp48,776₪204.92Maya ›

Filings submitted on Maya (executives, directors, shareholders above 5%). An increase or decrease in holdings may come from a purchase or sale on the exchange, but also from a grant or exercise of options (price "—": grant with no price). Bonds excluded. For details, see the filing on Maya.

Same sector · Israeli banks

P/E ranking

Mizrahi Tefahot is 3e Out of 5: a P/E in the middle of the group.

  1. 1First International Bank10.6
  2. 2Bank Leumi10.5
  3. 3Mizrahi Tefahot10.4
  4. 4Bank Hapoalim10.3
  5. 5Israel Discount Bank9.9

P/E = market cap / net income over the last 12 months: how many years of earnings the market pays today. From highest to lowest; group median: 10.4. A high or low P/E alone does not say whether a share is expensive.

Follow earnings · WhatsApp group TA-125Details ▾
WhatsApp group · TA-125

Every report from a TA-125 company, analyzed the same day: key figures and year-on-year change, analysis in brief, share price reaction. One daily summary during earnings season.

Detailed figures and history
The figures

Financial summary

S1 2026S1 2025FY 2025
Total assets580,815517,287551,173
Cash and bank deposits77,73478,88582,849
Securities56,52340,17748,496
Loans to the public423,726376,672400,501
Equity attributable to shareholders36,10033,11434,765
Deposits from the public474,424417,394448,397
Deposits from banks1,9982,4972,058
Net interest income5,7055,89211,727
Credit loss expenses−121−159−228
Non-interest income1,5801,4452,861
Operating expenses2,6152,6625,239
Pre-tax income4,5494,5169,121
Net income (attributable to shareholders)2,6662,7435,630
Dividends paid−1,321−1,038−2,506
Operating cash flow3,58712,28415,804

In millions of shekels. The "H1" columns cover the first six months of the year.

Ratios

Calculated from these figures

S1 2026S1 2025FY 2025
Return on equity (annualized)14.8%16.6%16.2%
Cost-to-income ratio35.9%36.3%35.9%
Equity / total assets6.2%6.4%6.3%
Cost of risk (annualized; negative = provision release)0.1%0.1%0.1%
Loans / deposits from the public89.3%90.2%89.3%

The 5-year history, charts and cross-check models are coming for companies listed only in Tel Aviv: each new filing on Maya is kept and enriches the page. The Piotroski, Beneish and Altman models do not apply to banks.

Company overview

Mizrahi Tefahot Bank Ltd., together with its subsidiaries, provides various banking services in Israel and internationally. It operates through six segments: Household, Small Business, Private Banking, Commercial Banking, Business Banking, and Financial Management. The company offers checking accounts, including priority, manager, preferred employee, married, business, soldiers', and student accounts; private banking services; mortgages; and deposit and savings plans, such as short, medium, and long-term, immediate, liquid, monthly income, and 4-year fixed term, as well as short, medium, and long-term liquid deposits; savings by direct debit; and carambola. It also provides instant, home renovation, auto, all-purpose, student, and business loan products; and credit cards. In addition, the company offers business checking account; service package comprising professional business banker, various communication channels, and digital banking; financing solutions, which include state-backed loans for small businesses and energy optimization, loans for small and medium businesses, checks and credit cards discounting, and factoring; international trade and financing; and deposits for business owners.

Source: official company profile (Yahoo Finance), summary. Website: www.mizrahi-tefahot.co.il

Sources
Information, no recommendation. This site presents figures published by companies and calculations based on those figures. It is not investment advice, nor a recommendation to buy or sell, nor a valuation of the companies. Always check the original reports.