FIBI appoints directors. First International Bank Of Israel stock yields 6.10 percent
Published on 10/27/2026 at 09:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCorporate actions and bank results
- FIBI's AGM approved two director appointments on October 25, 2026.
- Second-quarter net income reached ILS 583 million with 16.0 percent return on equity.
- First-half net income totaled ILS 1.063 billion, down 8.90 percent year over year.
First International Bank Of Israel (IL0005930388) reported ILS 583 million in net income for the second quarter of 2026 and a 16.0 percent return on equity in a CEO statement dated October 23, 2026, according to First International Bank Of Israel. The bank's annual general meeting on October 25, 2026 approved the reappointments of directors and the appointment of one external director and one director, Worldnews reported.
Q2 profit sets the baseline
The second-quarter result gives the latest operating benchmark. Net income rose to ILS 583 million from ILS 480 million in the first quarter, a 21.5 percent increase, while it fell 8.5 percent from ILS 637 million in the prior-year quarter, according to the bank's October 23 statement.
The board also approved an ILS 558 million dividend distribution, equal to 96.00 percent of quarterly net income. The bank's dividend yield stood at 6.10 percent as of June 30, 2026, according to Simply Wall St.
What did first-half numbers show?
First-half net income totaled ILS 1.063 billion, down 8.9 percent from the prior-year period. Net revenues reached ILS 3.449 billion, a 2.5 percent decline, while fee and commission income increased 9.1 percent to ILS 937 million.
Credit to the public grew 20.1 percent year over year to ILS 164.2 billion. Deposits from the public rose 11.7 percent to ILS 251.4 billion, and the non-accrual loan ratio improved to 0.40 percent from 0.46 percent at the end of 2025.
Three dated corporate steps
On August 13, 2026, the board approved an ILS 558 million dividend distribution, representing 96.00 percent of second-quarter net income, according to Simply Wall St. On October 23, 2026, the CEO statement disclosed ILS 1.063 billion in first-half net income. On October 25, 2026, the AGM approved one external director and one director, according to Worldnews.
Risk and capital remain central
The bank reported a Common Equity Tier 1 ratio of 10.87 percent for the first half of 2026 and said the ratio exceeded its regulatory requirement by 1.63 percentage points. Separately, Norway's sovereign wealth fund withdrew investments from five Israeli banks, including FIBI, in an October 12, 2026 decision valued at USD 661 million across the group, according to MINA.
Capital strength and payouts
The combination of 20.1 percent credit growth and a 0.40 percent non-accrual loan ratio points to balance-sheet expansion alongside improved asset quality. The 96.00 percent quarterly payout also keeps capital distribution central to the shareholder case, while the 10.87 percent CET1 ratio defines the capital cushion reported for the first half of 2026.
First International Bank Of Israel stock facts
- Company: First International Bank of Israel Ltd
- ISIN: IL0005930388
- Ticker: FIBI
- Primary exchange: TASE
- Sector / Industry: Financials / Banks
Market context: Market report TA-35.
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