Mizrahi Tefahot Bank has announced a net profit of NIS 1.453 billion for the second quarter of 2025, a figure that remains steady compared to the same period last year. Despite a slight decline in net interest income and a significant reduction in credit losses, the bank will increase its dividend payout to 50% of net profit, totaling NIS 727 million. This move will see the controlling shareholders receive NIS 300 million. The bank's annualized return on equity reached 17.8%, reflecting strong performance even as it dipped from the previous year's results.
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