First International Bank Of Israel, IL0005930388

First International Bank of Israel stock: Q2 dividend reaches NIS 558 million

Published on 11/11/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First International Bank of Israel stock remains in focus after strong lending growth and a solid capital position. First-half profit still declined.

Growth and capital distribution in focus

First International Bank of Israel reported Q2 net income of NIS 583 million and first-half net income of NIS 1.063 billion.
Credit to the public rose 20.1 percent year over year, while the non-performing loan ratio improved to 0.40 percent.
Management pointed to strong capital adequacy and continued shareholder distributions despite pressure on first-half earnings.

First International Bank Of Israel, IL0005930388, Illustration mit AI erstellt.

First International Bank of Israel stock remains in focus after the bank's second-quarter update. In a CEO statement published on October 23, 2026, First International Bank of Israel said net income reached NIS 583 million in the second quarter. The bank also reported rapid credit growth, improved asset quality and continued capital distribution.

Credit growth supports operating momentum

Credit to the public totaled NIS 164.2 billion at the end of the second quarter, up 20.1 percent from the prior-year period and 5.9 percent from the end of the first quarter. Management said the increase in credit risk was driven primarily by lending to the financial services sector.

Deposits from the public rose 11.7 percent year over year to approximately NIS 251.4 billion. The total client asset portfolio grew 20.8 percent from the prior-year period to approximately NIS 1.23 trillion, supporting the bank's broader expansion in lending and capital markets activity.

Profit pressure remains visible

Net income for the first half of 2026 totaled NIS 1.063 billion, down 8.9 percent from the prior-year period. Total net revenues fell 2.5 percent to NIS 3.449 billion, with the bank citing changes in consumer prices, interest rates and exchange rates as key factors.

Fee and commission income provided some offset, rising 9.1 percent to NIS 937 million. Operating and other expenses increased 2.6 percent to NIS 1.626 billion, while the first-half efficiency ratio stood at 47.7 percent.

Capital strength and shareholder returns

First International Bank of Israel reported a common equity tier 1 ratio of 10.87 percent. The bank said this exceeded its regulatory capital requirement by 1.63 percentage points and supported further business growth and distributions.

The board approved a dividend distribution of approximately NIS 558 million, equivalent to 96 percent of second-quarter net income. The statement said the distribution included roughly half of quarterly net income and an additional amount from distributable profits. The dividend yield stood at 6.1 percent as of June 30, 2026.