Mizrahi Tefahot

The bank is renewing its market-making agreement on the Tel Aviv Stock Exchange for another year following an unprecedented improvement in stock liquidity and trading volume, alongside increased interest from new investors.

Uzi Levi, Director of Securities Research at Mizrahi Tefahot Bank, provides a special analysis ahead of the chip giant's results. Will a strong report satisfy investors, what is the outlook for Blackwell, and how will it impact the market?

Mizrahi Tefahot Bank closed the second quarter of 2026 with a 1.7% decrease in net profit to 1.43 billion shekels. Moderating inflation and lower interest rates have curbed profit growth, while the bank's mortgage portfolio faces mounting risks.

Mizrahi Tefahot Bank concluded the second quarter of 2026 with a net profit of 1.43 billion shekels, a 2% decrease compared to the same period last year. The return on equity stood at 16%.

The hostage survivor launched his moving work at a special performance in Kibbutz Nir Oz, which received close support from Mizrahi Tefahot Bank, which also decided to support businesses from the north and reservists.

The bank's chief strategist, Yoni Fanning, analyzes the impact of political reports on the exchange rate, identifies sectors suffering from a labor shortage, and warns of economic consequences.

Mizrahi Tefahot Bank is investing 99 million shekels to acquire a 15% stake in Mafat. The deal values the waste management company at 659 million shekels post-money.

The IT company Matrix, which has been leading the acceleration of the digital transition at Mizrahi Tefahot Bank for the past two years, is changing its work format at the bank. Dozens of employees will be transferred to other projects, some will be laid off, and AI tools will take over some of the tasks.

Shevi Shamir, Deputy CEO and Head of the Retail Division at Mizrahi Tefahot Bank, addressed the housing market situation: "The high volume of mortgages today does not stem from a recovery in the housing market."