Migdal Insurance & Financial, IL0010811656

Migdal launches Goldman Sachs policies for Migdal Insurance and Financial Holdings stock

Published on 10/20/2026 at 09:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Migdal launches two Goldman Sachs savings tracks on October 12, 2026. Migdal Insurance and Financial Holdings stock shows a 10.8 times P/E.

Leadership and valuation signals

On October 12, 2026, Migdal launched two Goldman Sachs savings tracks.
Second-quarter earnings per share were ILS 0.54 for the period ended June 30, 2026.
Simply Wall St cited a 10.8 times P/E and a 14.9 percent net margin on October 15, 2026.

Migdal Insurance & Financial, IL0010811656, Illustration mit AI erstellt.

Migdal Insurance and Financial Holdings (ISIN IL0010811656) launched two savings policies with Goldman Sachs on October 12, 2026, according to WireIsrael. The products, called Migdal Keshet LePerat, offer equity and general tracks for Israeli savers seeking broader geographic exposure.

Why the Goldman partnership matters

The launch gives Migdal a new product angle in a savings-policy market that manages ILS 130.0 billion, according to the WireIsrael report dated October 12, 2026. The article also said the products will be distributed through insurance agents, making fees and net returns important measures for the business.

Migdal's latest reported results provide a financial baseline. Investing.com lists earnings per share of ILS 0.54 and revenue of ILS 3.18 billion for the second quarter of 2026, with the release dated August 17, 2026.

What does 10.8 times earnings mean?

Simply Wall St reported on October 15, 2026 that Migdal traded at a P/E of 10.8 times, while net profit margin improved to 14.9 percent from 12.1 percent. The same analysis cited a 17.5 percent return on equity and a 6.07 percent decline over 30 days, showing why the new savings products arrive alongside a more cautious market reading.

Three dated steps for Migdal

On August 17, 2026, Migdal reported second-quarter earnings per share of ILS 0.54 through the earnings listing at Investing.com. On October 8, 2026, the company appointed Shlomo Eliahu as acting CEO until one permanent CEO is appointed, according to MarketScreener. On October 12, 2026, Migdal launched the two Goldman Sachs-linked savings tracks.

TASE range frames the valuation

Migdal's last available TASE quote was ILA 1,997.00 on October 19, 2026 at 5:25 p.m. IDT. The 52-week range was ILA 1,050.00 to ILA 2,204.00, while market capitalization stood at ILS 21.2 billion on October 19, 2026.