The Phoenix appoints CFO Shay Tzadok before The Phoenix stock results

Published on 10/19/2026 at 11:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 net income reached ILS 904.1 million on August 26, 2026. December 2, 2026 results matter for The Phoenix stock.

CFO change and financial results

Shay Tzadok became CFO on October 5, 2026, as second-quarter net income reached ILS 904.1 million.
Second-quarter revenue rose 23 percent to ILS 6.63 billion on August 26, 2026.
The next earnings report is scheduled for December 2, 2026.

The Phoenix, IL0007670123, Illustration mit AI erstellt.

The Phoenix (ISIN IL0007670123) appointed Shay Tzadok as deputy CEO and CFO effective October 5, 2026, while second-quarter net income reached ILS 904.1 million. Simply Wall St reported the board approval and the latest operating figures, giving the management change a clear financial backdrop.

Three dated developments

On May 28, 2026, first-quarter revenue reached ILS 3.60 billion, up 11 percent from the first quarter of 2025. On August 26, 2026, second-quarter revenue rose 23 percent to ILS 6.63 billion, while net income fell 5.5 percent to ILS 904.1 million. On October 5, 2026, Shay Tzadok took over as deputy CEO and CFO, following the board decision described by Simply Wall St.

What does the CFO change mean?

The appointment arrives as profit remains substantial but the quarterly comparison is mixed. Second-quarter earnings per share fell to ILS 3.58 from ILS 3.81 a year earlier, and the profit margin declined to 14 percent from 18 percent, with higher expenses cited as the reason. At the same time, revenue increased by 23 percent, creating a sharper test for capital allocation and expense control in the next reporting period. The first-half picture was stronger: comprehensive income reached ILS 1.574 billion, return on equity was 26.1 percent, and core income rose 36 percent year over year, according to Simply Wall St.

When are results due?

The next reporting date is December 2, 2026, according to TradingView. That date gives investors the next scheduled checkpoint for the CFO transition and for the balance between revenue growth, earnings and expenses.

Capital allocation sets the frame

For the full year 2026, the company increased its planned share buyback from ILS 300 million to ILS 400 million and reported assets under management up 8 percent in the first half. The combination of a leadership change, a 14 percent quarterly margin and a larger buyback puts execution and profitability at the center of the next update.