Mizrahi Tefahot Bank Ltd

Chart & Performance

D1W1MN

P/E

836.37

P/S

282.59

EPS

19.00

Div Yield, %

0.03%

Shrs. gr., 5y

1.98%

Rev. gr., 5y

16.21%

Revenues

13.32b

+0.55%

Net income

4.91b

+9.79%

CFO

3.53b

+101.25%

Dividend

Aug 22, 2024224.82672 ILS/sh

Earnings

Mar 10, 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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	13,317,000 0.55%	13,244,000 29.21%	10,250,000 30.54%
Cost of revenue	3,545,000	278,000	220,000
Unusual Expense (Income)
NOPBT	9,772,000	12,966,000	10,030,000
NOPBT Margin	73.38%	97.90%	97.85%
Operating Taxes	2,669,000	2,356,000	1,730,000
Tax Rate	27.31%	18.17%	17.25%
NOPAT	7,103,000	10,610,000	8,300,000
Net income	4,910,000 9.79%	4,472,000 40.28%	3,188,000 98.01%
Dividends	(1,390,000)	(956,000)	(1,251,000)
Dividend yield	3.77%	3.26%	4.04%
Proceeds from repurchase of equity
BB yield
Debt
Debt current
Long-term debt	37,070,000	34,070,000	38,663,000
Deferred revenue
Other long-term liabilities	741,000	(31,245,000)	(38,663,000)
Net debt	(78,482,000)	(80,663,000)	(75,358,000)
Cash flow
Cash from operating activities	3,532,000	1,755,000	4,131,000
CAPEX	(438,000)	(391,000)	(336,000)
Cash from investing activities	(20,457,000)	(34,396,000)	(25,119,000)
Cash from financing activities	9,836,000	30,382,000	30,236,000
FCF	7,282,000	10,518,000	8,418,000
Balance
Cash	85,957,000	93,673,000	95,267,000
Long term investments	29,595,000	21,060,000	18,754,000
Excess cash	114,886,150	114,070,800	113,508,500
Stockholders' equity	29,285,000	25,283,000	21,956,000
Invested Capital	418,919,000	403,009,000	370,315,000
ROIC	1.73%	2.74%	2.34%
ROCE	2.18%	3.03%	2.56%
EV
Common stock shares outstanding	258,448	257,319	258,056
Price	142.60 25.20%	113.90 -5.08%	120.00 61.62%
Market cap	36,854,685 25.75%	29,308,634 -5.35%	30,966,720 73.20%
EV	(40,094,315)	(49,851,366)	(43,205,280)
EBITDA	10,183,000	13,298,000	10,369,000
EV/EBITDA
Interest	12,030,000	5,955,000	2,872,000
Interest/NOPBT	123.11%	45.93%	28.63%