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Mizrahi Tefahot Bank Ltd.

Mizrahi Tefahot Bank Ltd.

MZTF.TA
Mizrahi Tefahot Bank Ltd.IL flagTel Aviv Stock Exchange
20,620.00
ILA
+580.00
- -
53.63BMarket Cap
Mizrahi Tefahot Bank Ltd.
MZTF.TA
(Tel Aviv Stock Exchange)

Recent

price

20,620.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
19.39
20.39
21.13
21.62
21.47
23
23.8
25.49
29.42
30.93
32.65
40.08
51.74
57.25
56.78
55.93
55.65
Revenue per Share
3.63
4.65
4.77
4.74
4.74
4.9
5.46
5.8
5.17
7.86
6.7
12.47
17.47
19.07
21.12
21.69
21.47
Basic EPS, GAAP
-3.08
11.5
-13.88
34.57
16.77
4.19
10.91
7.91
11.65
10.86
19.86
14.84
13.71
12.02
53.32
58.59
54.44
Free Cash Flow per Basic Share
0.91
0.53
- -
0.33
- -
0.37
0.8
1.44
1.06
2.42
0.73
4.89
3.74
5.4
7.37
9.73
10.49
Dividend per Share
- -
33.89
38.8
42.94
47.24
51.66
56.26
60.26
64.27
69.56
78.99
82.12
94.53
107.79
121.38
133.14
135.11
Book Value per Share
33.58
35.45
40.65
44.9
48.71
53.29
57.07
61.28
65.66
71.36
80.8
84.17
96.46
110.91
126.25
140
141.75
Tangible Book Value per Share
221
225
225
228
230
231
232
232
233
234
240
256
256
257
258
260
260
Basic Weighted Avg Shares
4,279
4,582
4,764
4,935
4,945
5,322
5,520
5,923
6,857
7,247
7,852
10,248
13,244
14,738
14,667
14,519
14,456
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
221
219
230
245
246
223
223
245
238
245
283
339
332
411
285
289
291
Depreciation Expense
801
1,044
1,076
1,083
1,092
1,134
1,266
1,347
1,206
1,842
1,610
3,188
4,472
4,910
5,455
5,630
5,578
Net Income, GAAP
36.38
32.56
34.72
34.4
37.01
38.93
38.91
36.69
42
34.83
34.68
34.39
33.84
34.45
37.04
35.96
36.71
Effective Tax Rate (%)
18.72
22.78
22.59
21.95
22.08
21.31
22.93
22.74
17.59
25.42
20.5
31.11
33.77
33.32
37.19
38.78
38.59
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
9,813
12,202
14,039
16,443
20,580
23,719
27,034
29,923
30,616
33,460
34,077
38,663
34,070
37,811
37,577
40,987
42,731
LT Debt
7,496
8,054
9,252
10,335
11,304
12,415
13,324
14,327
15,390
16,805
19,669
21,729
24,868
28,703
32,729
36,428
36,910
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
27.41
13.15
11.68
10.56
9.93
10.13
9.96
8.32
11.78
9.12
15.94
19.79
18.9
18.46
17.08
16.59
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
260
260
260
Market Capitalization
5,653,880
5,770,642
5,917,545

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
68,478
82,849
74,960
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.42%
13.13%
11.3%
Free Cash Flow
57.86%
63.14%
10.41%
Net Income, GAAP
21.01%
32.48%
3.21%
Sales/Revenue/Turnover
11.04%
13.91%
-1.01%
Total Cash Common Dividend
93.23%
140.45%
32.67%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,598
3,835
3,797
3,437
14,667
2025
3,546
3,791
3,830
3,352
14,519
2026
3,483
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.93
5.62
5.52
- -
21.12
2025
4.98
5.6
5.71
- -
21.69
2026
4.76
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.81
1.97
2.31
- -
7.37
2025
2.09
1.99
2.8
- -
9.73
2026
2.85
- -
- -
- -
- -
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Business
Mizrahi Tefahot Bank Ltd. (MZTF.TA) operates as Israel's third-largest bank, providing a comprehensive range of retail, commercial, private, and international banking services to individual, corporate, and institutional clients; its core offerings include checking and savings accounts, deposits, mortgages, personal and business loans, credit cards, investment products such as provident and mutual funds, pension counseling, trust services, foreign currency operations, capital market activities, trade finance, real estate financing, and specialized tech lending through subsidiaries. Founded on June 6, 1923, as Mizrahi Bank by the World Mizrachi Movement and headquartered at 7 Jabotinsky Street in Ramat Gan, Israel, the bank maintains approximately 205 branches and business centers across Israel—including 55 from its subsidiary Bank Yahav for Government Employees Ltd.—along with foreign branches in London, Los Angeles, and operations via United Mizrahi-Tefahot Bank entities abroad. Mizrahi Tefahot leads Israel in mortgage lending, having financed over 900,000 families, and serves diverse customer segments from young persons, students, and retirees to self-employed individuals, businesses, and government employees through tailored accounts, online banking, and advanced digital services. Recent developments include the completion of the merger with subsidiary Union Bank of Israel (Bank Igud) by end-2022 following its full acquisition in 2020, which bolstered its market position; a successful $1.3 billion (NIS 4.5 billion) bond offering in July 2025 signaling strong investor confidence; record net profits of NIS 1,483 million in Q3 2025 and credit portfolio growth to NIS 391.9 billion; dividend payouts including NIS 727 million in 2025 with NIS 300 million to controlling shareholders Ofer and Wertheim groups (holding 41.25%); and credit rating revisions to stable outlooks by S&P, Fitch, and local agencies Maalot and Midroog in 2025 amid the Iron Swords War environment. Subsidiaries such as Etgar for investment portfolio management, Mizrahi-Tefahot Trust Company, Tafchot Insurance Agency for mortgage insurance, and Mizrahi-Tefahot Discounting and Finance Ltd. enhance its integrated financial ecosystem, while the bank navigates international scrutiny over West Bank-related activities.