FIBI reports NIS 583 million Q2 profit: what it means for First International Bank Of Israel stock

On October 23, 2026, First International Bank Of Israel (ISIN IL0005930388) said its second-quarter net income reached NIS 583 million, according to First International Bank Of Israel. The result came with a 16.00 percent return on equity and a 17.80 percent return excluding the special tax levy.

First-half profit remains lower

The bank's first-half 2026 net income totaled NIS 1.063 billion, down 8.90 percent from the prior-year period. Total net revenues fell 2.50 percent to NIS 3.449 billion, while fee and commission income rose 9.10 percent to NIS 937 million, according to the October 23 investor-relations statement.

Credit to the public reached NIS 164.2 billion in the first half, up 20.10 percent from the prior-year period and 5.90 percent from the end of the first quarter. Public deposits stood at NIS 251.4 billion, up 11.70 percent year over year, giving the results a clear volume-growth component despite lower total net revenues.

What does the dividend mean?

The board approved a dividend distribution of approximately NIS 558 million, equal to 96.00 percent of second-quarter net income. The dividend yield stood at 6.10 percent as of June 30, 2026, while the bank's common equity tier one ratio was 10.87 percent.

Legal risk adds a counterweight

Simply Wall St reported on October 3, 2026 that the Central Lod District Court approved the continuation of a class action concerning positive account balances held between April 2022 and May 20, 2025. The legal issue centers on alleged unjust enrichment linked to interest paid on current-account balances.

A second Simply Wall St analysis dated October 5, 2026 cited a price-to-earnings ratio of 10.50 and return on equity of 14.50 percent. That combination leaves investors weighing strong credit growth and capital distribution against softer first-half earnings and litigation exposure.

Results and risk set the tone

For First International Bank Of Israel, the latest figures present a split picture: second-quarter profit improved from the first quarter, but first-half net income and total net revenues declined year over year. The next investor debate is likely to center on whether credit growth and fee income can offset legal uncertainty and the special tax burden.

Market context: Market report TA-35.

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