OverviewSuggest Edit

Israel Discount Bank is a financial group, which provides banking and financial services. The Company offers current account management services, credit products, deposits, capital market services, credit cards, professional services to small and medium businesses, financing to small businesses, and services for the purchase and conversion of foreign currency and for hedge transactions, and loans for various purposes secured by a mortgage on a residential unit.

TypePublic
Founded1935
HQTel Aviv-Yafo, IL
Websitediscountbank.co.il
Employee Ratings3.5

Latest Updates

Employees (est.) (Jan 2019)8,578
Revenue (FY, 2017)₪9.6 B(+6%)

Israel Discount Bank Office Locations

Israel Discount Bank has an office in Tel Aviv-Yafo
Tel Aviv-Yafo, IL (HQ)
Yehuda ha-Levi St 23
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Israel Discount Bank Financials and Metrics

Israel Discount Bank Revenue

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Israel Discount Bank's revenue was reported to be ₪9.61 b in FY, 2017 which is a 5.6% increase from the previous period.
ILS

Revenue (Q3, 2018)

2.7b

Gross profit (Q3, 2018)

2.2b

Gross profit margin (Q3, 2018), %

81.7%

Net income (Q3, 2018)

451.0m

Cash (30-Sep-2018)

21.4b
Annual
ILSFY, 2015FY, 2016FY, 2017

Revenue

8.3b9.1b9.6b

Revenue growth, %

9%6%

Cost of goods sold

1.2b1.6b1.8b

Gross profit

7.1b7.5b7.8b
Quarterly
ILSQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

2.0b2.6b2.3b2.4b2.5b2.4b2.3b2.7b2.7b

Cost of goods sold

215.0m397.0m473.0m418.0m607.0m445.0m374.0m592.0m493.0m

Gross profit

1.8b2.2b1.8b1.9b1.9b1.9b2.0b2.2b2.2b

Gross profit Margin, %

89%85%79%82%75%81%84%78%82%
Annual
ILSFY, 2015FY, 2016FY, 2017

Cash

28.5b29.3b28.0b

Accounts Receivable

127.7b141.5b150.3b

PP&E

2.2b2.3b2.4b

Goodwill

142.0m160.0m160.0m
Quarterly
ILSQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

29.2b26.8b25.9b29.2b28.8b24.8b30.4b24.2b21.4b

Accounts Receivable

129.7b133.6b140.0b144.3b145.2b150.1b155.1b158.9b164.1b

PP&E

2.2b2.3b2.3b2.3b2.3b2.3b2.4b2.4b2.4b

Goodwill

142.0m160.0m160.0m160.0m160.0m160.0m160.0m160.0m160.0m
Annual
ILSFY, 2015FY, 2016FY, 2017

Net Income

807.0m987.0m1.3b

Depreciation and Amortization

512.0m426.0m433.0m

Cash From Operating Activities

(14.0m)5.2b(2.9b)

Purchases of PP&E

(395.0m)(533.0m)(521.0m)
Quarterly
ILSQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

192.0m639.0m830.0m317.0m605.0m934.0m327.0m763.0m1.2b

Depreciation and Amortization

109.0m224.0m344.0m99.0m206.0m304.0m98.0m202.0m305.0m

Cash From Operating Activities

2.8b993.0m448.0m2.3b3.7b4.1b661.0m(863.0m)1.4b

Purchases of PP&E

(106.0m)(328.0m)(437.0m)(99.0m)(192.0m)(284.0m)(109.0m)(234.0m)(329.0m)
ILSY, 2018

Debt/Equity

0.4 x

Financial Leverage

13.6 x
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Israel Discount Bank Operating Metrics

Israel Discount Bank's Total Loans was reported to be ₪164.1b in Q3, 2018. Israel Discount Bank's Total Deposits was reported to be ₪191.1b in Q3, 2018. Israel Discount Bank's Assets Under Management was reported to be ₪218.8b in Q3, 2018.
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Israel Discount Bank Revenue Breakdown

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Israel Discount Bank revenue breakdown by business segment: 34.5% from Households, 24.3% from Small and Minute Businesses, 5.4% from Medium Businesses, 9.9% from Large Businesses, 13.1% from Financial Management, 8.2% from Business Operations (International) and 4.6% from Other

Israel Discount Bank revenue breakdown by geographic segment: 89.3% from Domestic Operations and 10.7% from International Operations

Human Capital Metrics

Israel Discount Bank's employees are reported to be approximately 60% female and 40% male.
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Israel Discount Bank Online and Social Media Presence

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Israel Discount Bank News and Updates

Israel Discount Bank adds Siri shortcuts

Israel Discount Bank is rolling out a host of Siri shortcuts for its iOS app, enabling customers to...

Israel Discount Bank Frequently Asked Questions

  • When was Israel Discount Bank founded?

    Israel Discount Bank was founded in 1935.

  • How many employees does Israel Discount Bank have?

    Israel Discount Bank has 8,578 employees.

  • What is Israel Discount Bank revenue?

    Latest Israel Discount Bank annual revenue is ₪9.6 b.

  • What is Israel Discount Bank revenue per employee?

    Latest Israel Discount Bank revenue per employee is ₪1.1 m.

  • Who are Israel Discount Bank competitors?

    Competitors of Israel Discount Bank include Bank Hapoalim, FIBI Holdings and Bank Leumi.

  • Where is Israel Discount Bank headquarters?

    Israel Discount Bank headquarters is located at Yehuda ha-Levi St 23, Tel Aviv-Yafo.

  • Where are Israel Discount Bank offices?

    Israel Discount Bank has an office in Tel Aviv-Yafo.

  • How many offices does Israel Discount Bank have?

    Israel Discount Bank has 1 office.