Mizrahi Tefahot Bank Ltd

Chart & Performance

D1W1MN

P/E

791.04

P/S

294.21

EPS

21.05

Div Yield, %

3.02%

Shrs. gr., 5y

2.00%

Rev. gr., 5y

15.14%

Revenues

14.67b

+10.14%

Net income

5.46b

+11.10%

CFO

14.38b

+307.13%

Dividend

Aug 22, 2024224.82672 ILS/sh

Earnings

May 14, 2025

Profile

Mizrahi Tefahot Bank Ltd., together with its subsidiaries, provides a range of international, commercial, domestic, and personal banking services to individuals and businesses in Israel, Switzerland, and internationally. It operates through six segments: Household, Small Business, Private Banking, Commercial Banking, Business Banking, and Financial Management. The company offers checking, savings, and deposits accounts; and loans, such as instant, home renovation, auto, all-purpose, student, and business; mortgages; and credit cards. It also provides foreign trade services, including import, export, and documentary credit; bank guarantees; transactions in foreign currency, which include trading in derivative instruments, factoring services, and investments in deposits and securities; financing of real estate and construction projects; mergers and acquisitions services; and private and online banking services. In addition, the company offers capital market services, including consultancy for capital market activities, distribution of mutual funds, management of securities portfolios for clients, pension advisory service, trust services, provision of registration services; operates provident funds, mutual funds, and insurance incidental to mortgages; and participates in syndication transactions, as well as engages in credit operations. As of December 31, 2021, it operated through a network of 225 branches and business centers, including 52 Bank Yahav branches and 29 Union Bank branches in Israel; and two bank affiliates. The company was formerly known as United Mizrahi Bank Limited and changed its name to Mizrahi Tefahot Bank Ltd. in November 2005. The company was incorporated in 1923 and is headquartered in Ramat Gan, Israel.

URL

https://www.mizrahi-tefahot.co.il/

IPO date

Jan 01, 1963

Employees

7,523

Domiciled in

Incorporated in

Valuation

Order:

Title ILS in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title ILS in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	14,667,000 10.14%	13,317,000 0.55%	13,244,000 29.21%
Cost of revenue	216,000	3,545,000	278,000
Unusual Expense (Income)
NOPBT	14,451,000	9,772,000	12,966,000
NOPBT Margin	98.53%	73.38%	97.90%
Operating Taxes	3,326,000	2,669,000	2,356,000
Tax Rate	23.02%	27.31%	18.17%
NOPAT	11,125,000	7,103,000	10,610,000
Net income	5,455,000 11.10%	4,910,000 9.79%	4,472,000 40.28%
Dividends	(1,904,000)	(1,390,000)	(956,000)
Dividend yield	4.68%	3.77%	3.26%
Proceeds from repurchase of equity
BB yield
Debt
Debt current
Long-term debt		37,070,000	34,070,000
Deferred revenue
Other long-term liabilities		741,000	(31,245,000)
Net debt	(116,924,000)	(78,482,000)	(80,663,000)
Cash flow
Cash from operating activities	14,380,000	3,532,000	1,755,000
CAPEX	(606,000)	(438,000)	(391,000)
Cash from investing activities	(43,353,000)	(20,457,000)	(34,396,000)
Cash from financing activities	25,080,000	9,836,000	30,382,000
FCF	11,422,000	7,282,000	10,518,000
Balance
Cash	82,644,000	85,957,000	93,673,000
Long term investments	34,280,000	29,595,000	21,060,000
Excess cash	116,190,650	114,886,150	114,070,800
Stockholders' equity	32,790,000	29,285,000	25,283,000
Invested Capital	452,853,000	418,919,000	403,009,000
ROIC	2.55%	1.73%	2.74%
ROCE	2.98%	2.18%	3.03%
EV
Common stock shares outstanding	259,551	258,448	257,319
Price	156.80 9.96%	142.60 25.20%	113.90 -5.08%
Market cap	40,697,597 10.43%	36,854,685 25.75%	29,308,634 -5.35%
EV	(74,789,403)	(40,094,315)	(49,851,366)
EBITDA	14,736,000	10,183,000	13,298,000
EV/EBITDA
Interest	13,984,000	12,030,000	5,955,000
Interest/NOPBT	96.77%	123.11%	45.93%