Full coverage· Economy· Updated
Cal Credit Card Company Swings to Profit in Third Quarter
Cal, a subsidiary of Discount Bank, reported a net profit of NIS 99 million in the third quarter of 2026, a turnaround from a loss of NIS 88 million a year prior. Revenues rose 1.8% to NIS 889 million as expenses fell.
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What happened
- 01Cal reported a NIS 99 million profit in Q3 2026, reversing a NIS 88 million loss.
- 02Cal's Q3 revenues increased 1.8% to NIS 889 million.
- 03Cal's Q3 expenses decreased to NIS 750 million.
- 04Cal's nine-month profit reached NIS 281 million, up from NIS 82 million.
- 05Cal's nine-month revenues grew 4.9% to NIS 2.54 billion.
For the first nine months, profit was NIS 281 million, up from NIS 82 million, with revenues growing 4.9%.
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