Soaring by 324%: Mimun Yashir celebrates the strongest quarter in its history
With an unprecedented jump of hundreds of percent in profits, the credit and mortgage giant summarizes the strongest quarter since its inception and presents insane growth figures that will surprise the entire market.
Mimun Yashir reported its results for the second quarter of 2026 on Thursday, marking the strongest quarterly performance in the company's history. Net profit for the second quarter reached 74.3 million NIS, representing a 324% increase compared to the same period last year.
Profit attributable to shareholders amounted to 68.7 million NIS, an increase of 329% year-over-year. The auto loan sector generated a net profit of 37.4 million NIS, marking a 400% growth.
The mortgage division recorded a net profit of 37 million NIS, up 267% from the corresponding quarter last year. The total volume of loans provided to customers during the second quarter reached 3.14 billion NIS, an increase of 29%.
Eran Golan, CEO of Mimun Yashir, stated: "We are concluding the second quarter of 2026 with the highest net profit in the history of Mimun Yashir. This achievement is driven by significant growth in loan originations and financing income, alongside the downward trend in interest rates and financing costs."
In conclusion, Golan added: "Our two core operating segments, auto loans and mortgages, delivered strong results in the second quarter of 2026, and we remain confident in our ability to sustain the company's growth."
