Court action tests Israel Discount Bank stock at ILS 3,000

Published on 10/08/2026 at 14:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached ILS 3.40 billion, down 1.00 percent year over year. For Israel Discount Bank stock, EPS was ILS 0.89 versus ILS 0.93.

Israel Discount Bank, IL0006912120, Illustration mit AI erstellt.

Israel Discount Bank (ISIN IL0006912120) faces a court-approved class action involving customer balances of ILS 3,000 or more. According to Simply Wall St on September 22, 2026, the decision covers customers who held positive balances of at least ILS 3,000 for one business day or ILS 1,000 for three business days during April 2022 through May 2025.

Three milestones shape the case

The September 22, 2026 court decision is the latest of three dated developments. On August 14, 2026, Israel Discount Bank reported second-quarter revenue of ILS 3.40 billion and net income of ILS 1.10 billion, while earnings per share fell to ILS 0.89 from ILS 0.93 a year earlier, according to Simply Wall St.

On August 16, 2026, the bank announced a second-quarter dividend of ILS 0.39 per share, with an ex-date of August 27, 2026, according to Simply Wall St.

What does the latest quarter show?

The second-quarter comparison points to weaker earnings but still substantial quarterly profitability. Revenue fell 1.00 percent year over year to ILS 3.40 billion, while net income declined 4.40 percent to ILS 1.10 billion; revenue exceeded analyst estimates by 7.70 percent, but earnings per share missed estimates by 17.00 percent, according to Investing.com. The figures make the legal development relevant to investors because the case concerns customer balances from a defined historical period, while the latest quarter shows the bank continuing to generate more than ILS 1.00 billion in net income.

Next reporting date is November 23

Investing.com lists November 23, 2026 as Israel Discount Bank's next earnings date. The coming report will give investors a fresh comparison with second-quarter revenue of ILS 3.40 billion and net income of ILS 1.10 billion.

Market value and listing

Israel Discount Bank's market capitalization was ILS 42.60 billion as of October 2, 2026, while its 52-week range was ILS 28.06 to ILS 41.37, according to market data published by Simply Wall St. The bank is listed on the Tel Aviv Stock Exchange under ticker DSCT and operates across retail, commercial and corporate banking.