OverviewSuggest Edit

Mizrahi Tefahot Bank provides a range of international, commercial, domestic and personal banking services. The Company operates through six segments: Household, Small Business, Private Banking, Commercial Banking, Business Banking, and Financial Management. It accepts checking, savings, and deposits accounts, and provides loans, such as instant, home renovation, car, all-purpose, student, and business, as well as mortgages, credit cards, and guarantees. It also provides credit cards, foreign trade services, transactions in foreign currency, factoring services, and investments in deposits and securities, as well as private banking and online banking services. It offers capital market services, including capital market consultancy, mutual funds distribution, securities portfolios management, and pension advisory services as well.

TypePublic
Founded1920
HQRamat Gan, IL
Websitemizrahi-tefahot.co.il
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2017)6,190(+2%)
Revenue (FY, 2017)₪7.9 B(+10%)

Mizrahi Tefahot Bank Office Locations

Mizrahi Tefahot Bank has offices in Ramat Gan, Ciudad de México, Los Angeles, London and in 2 other locations
Ramat Gan, IL (HQ)
Ze'ev Jabotinsky St 7, Ramat Gan
Frankfurt am Main, DE
Bockenheimer Landstraße 17
Ciudad de México, MX
Av. Secretaría de Marina 458-B, Lomas de Vista Hermosa
Zürich, CH
Nüschelerstrasse 31
London, GB
1st Floor, 30 Old Broad St
Los Angeles, US
800 Wilshire Blvd 14th Floor
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Mizrahi Tefahot Bank Financials and Metrics

Mizrahi Tefahot Bank Revenue

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Mizrahi Tefahot Bank's revenue was reported to be ₪7.88 b in FY, 2017 which is a 9.8% increase from the previous period.
ILS

Revenue (Q3, 2018)

2.3b

Gross profit (Q3, 2018)

1.7b

Gross profit margin (Q3, 2018), %

71.6%

Net income (Q3, 2018)

472.0m

Cash (30-Sep-2018)

42.4b
Annual
ILSFY, 2015FY, 2016FY, 2017

Revenue

6.8b7.2b7.9b

Revenue growth, %

6%10%

Cost of goods sold

1.6b1.7b2.1b

Gross profit

5.2b5.4b5.8b
Quarterly
ILSQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

1.4b2.0b2.0b1.7b2.3b1.7b1.9b2.7b2.3b

Cost of goods sold

111.0m631.0m604.0m378.0m784.0m330.0m450.0m982.0m657.0m

Gross profit

1.3b1.4b1.4b1.3b1.5b1.4b1.5b1.8b1.7b

Gross profit Margin, %

92%69%70%78%66%81%76%64%72%
Annual
ILSFY, 2015FY, 2016FY, 2017

Cash

30.5b41.7b41.1b

Accounts Receivable

159.5b171.7b181.6b

PP&E

1.6b1.6b1.4b

Goodwill

87.0m87.0m87.0m
Quarterly
ILSQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

38.2b36.8b40.8b41.7b39.1b42.6b43.2b42.4b42.4b

Accounts Receivable

162.4b165.9b169.0b173.4b177.4b179.0b184.1b187.7b190.4b

PP&E

1.5b1.5b1.5b1.6b1.4b1.4b1.4b1.4b1.4b

Goodwill

87.0m87.0m87.0m87.0m87.0m87.0m87.0m87.0m87.0m
Annual
ILSFY, 2015FY, 2016FY, 2017

Net Income

1.2b1.3b1.4b

Depreciation and Amortization

223.0m223.0m245.0m

Cash From Operating Activities

1.2b4.3b(5.4b)

Purchases of PP&E

(233.0m)(245.0m)(247.0m)
Quarterly
ILSQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

296.0m649.0m1.0b330.0m740.0m1.0b358.0m581.0m1.1b

Depreciation and Amortization

55.0m109.0m162.0m63.0m122.0m187.0m60.0m121.0m178.0m

Cash From Operating Activities

(208.0m)175.0m1.7b1.2b845.0m1.2b558.0m1.2b2.2b

Purchases of PP&E

(38.0m)(88.0m)(138.0m)(21.0m)(87.0m)(141.0m)(35.0m)(82.0m)(135.0m)
ILSY, 2018

Debt/Equity

2 x

Debt/Assets

0.1 x

Financial Leverage

16.4 x
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Mizrahi Tefahot Bank Operating Metrics

Mizrahi Tefahot Bank's Total Loans was reported to be ₪190.4b in Q3, 2018. Mizrahi Tefahot Bank's Assets Under Management was reported to be ₪291.2b in Q3, 2018. Mizrahi Tefahot Bank's Total Deposits was reported to be ₪193.6b in Q3, 2018.
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Mizrahi Tefahot Bank Revenue Breakdown

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Mizrahi Tefahot Bank revenue breakdown by business segment: 27.4% from Households (Other), 24.3% from Households (Housing Loans), 20.5% from Small and Micro Businesses, 9.9% from Large Businesses, 6.1% from Financial Management Segment and 11.7% from Other

Mizrahi Tefahot Bank revenue breakdown by geographic segment: 96.4% from Israel and 3.6% from Other

Human Capital Metrics

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Mizrahi Tefahot Bank Online and Social Media Presence

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Mizrahi Tefahot Bank News and Updates

Mizrahi Tefahot Bank to pay $195 mln over U.S. tax evasion charges

Mizrahi Tefahot Bank Ltd agreed to pay $195 million for a deferred prosecution agreement after the Israeli bank admitted it had defrauded the United States, the U.S. Justice Department said on Tuesday.

Mizrahi Tefahot Bank Frequently Asked Questions

  • When was Mizrahi Tefahot Bank founded?

    Mizrahi Tefahot Bank was founded in 1920.

  • How many employees does Mizrahi Tefahot Bank have?

    Mizrahi Tefahot Bank has 6,190 employees.

  • What is Mizrahi Tefahot Bank revenue?

    Latest Mizrahi Tefahot Bank annual revenue is ₪7.9 b.

  • What is Mizrahi Tefahot Bank revenue per employee?

    Latest Mizrahi Tefahot Bank revenue per employee is ₪1.3 m.

  • Who are Mizrahi Tefahot Bank competitors?

    Competitors of Mizrahi Tefahot Bank include Tradable, Bank Handlowy and SB One Bank.

  • Where is Mizrahi Tefahot Bank headquarters?

    Mizrahi Tefahot Bank headquarters is located at Ze'ev Jabotinsky St 7, Ramat Gan, Ramat Gan.

  • Where are Mizrahi Tefahot Bank offices?

    Mizrahi Tefahot Bank has offices in Ramat Gan, Ciudad de México, Los Angeles, London and in 2 other locations.

  • How many offices does Mizrahi Tefahot Bank have?

    Mizrahi Tefahot Bank has 6 offices.