Mizrahi Tefahot Bank reported a net profit of NIS 1.5 billion for the third quarter of 2025, marking a 4% increase from the same period last year. The bank will distribute 50% of its profit, amounting to NIS 741.5 million, as dividends. Credit to the public rose by 12.5% year-on-year, reaching NIS 392 billion, while deposits from the public grew by 9.4% to NIS 421 billion. The bank highlighted strong growth in business lending and a recovery in the mortgage market, maintaining its leading position in the sector. Despite a sharp drop in credit loss expenses, the bank continues to keep a substantial provision due to ongoing economic uncertainty.
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