Israel Discount Bank Q4 profit falls as debt loss provisions soar

Tamilnad Mercantile Bank

10/03/2026 09:44

JERUSALEM, March 10 (Reuters) - Israel Discount Bank DSCT.TA, the country's fourth-largest lender, on Tuesday reported lower fourth-quarter and 2025 profit.

Here are some details:

Q4 net profit fell 18% to 856 million shekels ($278 million)

Q4 net interest income fell 4% to 2.27 billion shekels

Q4 loan loss provisions jumped 907% to 141 million shekels

Discount said its Mercantile Bank unit had an early retirement plan at a net cost of 105 million shekels

The bank will pay a quarterly dividend of 428 million shekels, or 50% of net profit

2025 net profit declined 3% to 4.1 billion shekels

Excluding one-offs, profit rose 0.7% to 4.9 billion shekels

2025 loan loss provisions rose 1.8% to 450 million shekels

Tier 1 capital ratio slipped to 10.38% in 2025 from 10.66% in 2024

ROE dipped to 12.6% from 14.2%

($1 = 3.0806 shekels)

 (Reporting by Steven Scheer. Editing by Mark Potter)

 ((steven.scheer@thomsonreuters.com; +972 2 632 2210; Reuters Messaging: X: @StevenMScheer))