Mizrahi Tefahot Bank has reported a 30% increase in net profit for the third quarter of 2024, with the highest return on equity (ROE) of any Israeli bank. The bank's net interest income also saw a 6.7% increase compared to the same quarter last year. Mizrahi Tefahot will distribute a dividend of 40% of third quarter profit, totaling NIS 570 million. The bank's CEO attributes the success to the dedication and commitment of its employees.
image sourced from original article at https://en.globes.co.il/en/article-mizrahi-tefahot-q3-profit-jumps-30-1001494662Original article source: https://en.globes.co.il/en/article-mizrahi-tefahot-q3-profit-jumps-30-1001494662
Source Id: 8421829131
