Mercantile Bank
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Aug 9, 2026
14:42ICE

Markets
Towards a historic merger in the banking sector? Numbers from the Mercantile reports
Mercantile Bank, a subsidiary of Discount Bank, published its second-quarter reports with a profit of 205 million shekels and a return on equity that eroded to 12.8%. The board of directors approved a dividend of 50% of the profit — what does this mean for Discount, which is currently examining the possibility of merging Mercantile into it?
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