Mizrahi Tefahot Bank Ltd.
MZTFF
Other OTC68.32
USD
- -
- -
ISIN
IL0006954379
Return %
Stock
S&P500
1Y
97.00
19.25
3Y
88.47
65.11
5Y
183.37
72.21
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Moshe Lari
- Full Time Employees
- 7,230
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 7 Jabotinsky Street Ramat Gan TA Israel 5252007
- IPO Date
- Nov 27, 2018
- Website
- mizrahi-tefahot.co.il
- Similar Companies
- Business
- Mizrahi Tefahot Bank Ltd. (MZTFF) operates as Israel's third-largest bank by assets, providing a comprehensive range of international, commercial, domestic and personal banking services; its core offerings include retail banking products such as checking accounts, savings deposits, mortgages (where it holds the leading market share of approximately 36% in ongoing origination), personal loans, and credit cards; corporate and business banking encompassing trade finance, property finance, project financing for large enterprises, construction and real estate lending, as well as treasury services; private banking for high-net-worth individuals; and specialized services like portfolio management via subsidiary Etgar, trust services through Mizrahi-Tefahot Trust Company, and mortgage insurance from Tafachot Insurance Agency. The bank, founded in 1923 and headquartered at 7 Jabotinsky Street in Ramat Gan, Israel, conducts the majority of its operations domestically through 205 branches and business centers (including those of subsidiary Bank Yahav for Government Employees Ltd.), with international presence via branches in London, Los Angeles, and representative offices in the US, Switzerland, Germany, the UK, Mexico, and the Cayman Islands. Recent strategic developments include the full integration of its 2022 acquisition of Union Bank of Israel, achieving approximately 75% synergy in operating costs through branch mergers (retaining 8 of 35), customer onboarding of over 100,000 individuals and businesses, and seamless transfer of consumer credit activities; the launch of a new 2025-2027 strategic plan in June 2025 targeting 17-18% return on equity, cost/income ratio not exceeding 35%, credit-to-public market share of 23-24%, deposits market share of 20-21%, and business credit market share of 15-16%; sustained profit growth with net profit of NIS 1.483 billion in Q3 2025 and full-year 2024 net profit up 11% to NIS 5.5 billion; and credit rating outlook upgrades to stable by S&P Global Ratings (BBB+ issuer rating), Fitch Ratings (A- IDR), Maalot (ilAAA), and Midroog (Aaa.il for deposits) as of mid-2025, reflecting resilience amid the Iron Swords War.
Mizrahi Tefahot Bank Ltd. (MZTFF) Q4 2025 Earnings Call Transcript