Israel Discount Bank (TASE: DSCT) reported a net profit of NIS 4.3 billion for 2024, a 3% increase from the previous year. The bank's return on equity was 14.2%, down from 15.7% in 2023. Credit to the public rose 8%, with credit to large corporations growing by 11.9%. The bank's credit loss expense in 2024 was NIS 702 million, half of the previous year's expense. The bank will distribute a dividend of 30% of its fourth quarter profit and buy back shares, totaling a 40% dividend.
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