Economy05:33 · 12m ago
Mizrahi Tefahot Reports Stable Q2 Net Profit of 1.43 Billion Shekels
Calcalist
Translated & summarized from Calcalist by baba
The story · English
Mizrahi Tefahot Bank reported a net profit of 1.428 billion shekels for the second quarter, marking a slight decrease of 1.4% compared to 1.453 billion shekels in the same quarter last year. The bank's return on equity (ROE) for the quarter was 16%, down from 17.8% in the corresponding period. Despite the minor decline, the results indicate relative stability in the bank's financial performance during the quarter.
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