Mizrahi Tefahot Bank Shares Close Lower, Likely Weighed By Q2 Profit Decline
RTTNews·2026-08-20 00:06
Shares of Mizrahi Tefahot Bank Ltd. (MZTF.TA) closed Wednesday's trading at 23,220.00 Israeli shekels, down 10 shekels, likely weighed down by the bank's recently announced second-quarter financial results, which saw a decline in net profit to 1.43 billion shekels from 1.45 billion shekels in the year-ago quarter.After-tax profit for the quarter fell to 1.48 billion shekels from 1.5 billion shekels a year earlier. Total revenue rose slightly to 3.8 billion shekels from 3.79 billion shekels in last year.The ...