Menora Mivtachim stock stands 5.10 percent below its 52-week high

Published on 10/20/2026 at 11:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income hit ILS 789.51 million versus ILS 463.87 million. Menora Mivtachim stock sat 5.10 percent below its high on October 20, 2026.

Capital allocation and earnings

Competition approval on October 14, 2026 covered a 40.00 percent Agility stake.
Second-quarter net income reached ILS 789.51 million versus ILS 463.87 million in the first quarter.
Menora Mivtachim stock stood at ILA 54,470 on October 20, 2026, 5.10 percent below its 52-week high.

Menora Mivtachim, IL0005660183, Illustration mit AI erstellt.

Menora Mivtachim (IL0005660183) stock stood 5.10 percent below its 52-week high on October 20, 2026, at ILA 54,470 on the Tel Aviv Stock Exchange. Deep TASE reported that Competition Authority approval on October 14, 2026 cleared Menora Mivtachim to acquire 40.00 percent of Agility Hedge Fund Management.

Agility adds a capital commitment

The transaction involves ILS 200.00 million for the minority stake and an additional commitment of at least ILS 125.00 million to Agility funds. The parties are working toward completion, leaving the investment as a pending capital allocation decision.

The structure gives Menora exposure to performance-linked hedge-fund returns while the existing management team retains operational control. That mix matters because the company is committing capital without taking full control of the acquired platform.

Three dated steps in capital allocation

Deep TASE records three milestones: Menora distributed ILS 500.00 million for fiscal year 2025 profits on April 30, 2026; it agreed to the 40.00 percent Agility stake and ILS 125.00 million fund commitment on August 27, 2026; and approval arrived on October 14, 2026 for the ILS 200.00 million transaction.

What does the earnings comparison show?

Investing.com reports second-quarter 2026 net income of ILS 789.51 million, compared with ILS 463.87 million in the first quarter. Second-quarter revenue reached ILS 5.74 billion, compared with ILS 2.94 billion in the first quarter, while basic earnings per share rose to ILS 12.76 from ILS 7.50.

The investor-relations page describes Menora Mivtachim as an insurance and financial group managing pension and policyholder funds. It also reports assets under management of ILS 312.00 billion and a solvency ratio of 163.10 percent, figures that frame the Agility commitment against the group capital base. The company paid ILS 500.00 million in dividends for the first half of 2026, according to Deep TASE.

Stock remains below its yearly high

Menora Mivtachim stock was at ILA 54,470 on October 20, 2026 at 12:33 p.m. IDT on the Tel Aviv Stock Exchange. Its 52-week range was ILA 30,480.00 to ILA 57,400.00, placing the latest quote 5.10 percent below the upper boundary.