Israel Discount Bank Ltd ISDAY

FinancialsBanking ServicesIsrael

Last close 119.62 USD on Nov 2, 2026, +8.8% year to date

Quant rating

Quant rating B Rank 114 of 304 in Financials

Growth A 42 of 304
Valuation C 205 of 304
Quality D 235 of 304
Revisions C 134 of 304
Momentum B 59 of 304

Wall Street consensus Buy (1.75)Average target 12.96 USD −89.2%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 12.7B
Enterprise value: 8.5B
52-week range: 94.75 – 135.25
3-year range: 44.00 – 135.25
Dividend yield: 4.34%
Beta (5 years): –
Shares outstanding: 1,224M
Next earnings: Nov 11, 2026

About the company

Israel Discount Bank Ltd is an Israel-based company that is engaged in banking activities. It provides a full spectrum of corporate and retail financial products and services to its clients, both in Israel and in other financial centers around the world. Domestically, the Group is comprised of commercial banks and financial services companies active in credit cards, investment banking, portfolio management, trustee services and leasing. . Israel Discount Bank Ltd has four wholly owned subsidiaries: Discount Bancorp, Inc., Mercantile Discount Bank Ltd., Israel Credit Cards Ltd., Discount Capital Ltd..

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	6,991	6,101	5,752	3,326	2,413	–
Revenue growth	14.6%	6.1%	72.9%	37.9%	10.9%	26.3%
EPS (basic, normalized)	1.01	0.95	0.88	0.75	0.76	–
EPS growth	6.8%	7.9%	17.4%	−1.1%	196.1%	31.7%
Gross margin	–	–	–	–	–	–
Net margin	18.0%	19.3%	20.2%	29.9%	37.0%	24.9%
ROE	–	14.2%	15.7%	15.1%	13.6%	14.7%

Balance sheet, last quarter
Cash & short-term investments (mil)	–
Tier 1 risk-adjusted capital ratio	–
Long-term debt (mil)	9,286
Net debt (mil)	–
Total equity (mil)	11,695
Net debt / equity	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			Book value per share			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	P/B	Mean est.	Growth	P/E
2025 actual	6,991	+14.6%	1.2x	8.97	+26.5%	13.3x	1.09	+26.7%	109.7x
2026	4,277	−38.8%	2.0x	9.99	+11.5%	12.0x	1.08	−1.3%	111.1x
2027	4,617	+7.9%	1.8x	10.60	+6.1%	11.3x	1.24	+15.4%	96.3x
2028	4,848	+5.0%	1.8x	11.26	+6.2%	10.6x	1.31	+5.1%	91.6x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	4,277	0.0%	−14.9%	−16.0%	1.08	0.0%	−8.3%	−11.9%
2027	4,617	0.0%	−14.4%	−15.0%	1.24	0.0%	−7.8%	−7.9%
2028	4,848	0.0%	0.0%	−3.4%	1.31	0.0%	+1.0%	−5.2%

Earnings surprises EPS beat in 1 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	3,757	4,023	4,225	3,973	3,964	3,490	3,520	2,340	–	3,396
Sales mean (mil)	–	3,310	3,211	3,464	2,884	3,490	–	–	–	3,219
Surprise	–	+21.6%	+31.6%	+14.7%	+37.4%	0.0%	–	–	–	+5.5%
EPS reported	0.85	0.84	0.88	0.63	0.84	0.90	0.92	0.70	0.76	0.98
EPS mean	0.64	0.73	0.83	–	0.89	0.90	–	0.80	0.72	1.19
Surprise	+32.8%	+15.1%	+6.0%	–	−5.6%	0.0%	–	−12.5%	+4.8%	−17.6%

Peer comparison Banking Services

Peers in the same industry group, by market capitalization
Company	Market cap	Tier 1 ratio	Net margin	Deposits/loans	FY1 P/E	FY2 P/E	FY1 P/B	FY2 P/B
ISDAY Israel Discount Bank Ltd	12.7B	–	18.0%	1.26x	111.1x	96.3x	12.0x	11.3x
BAWAY BAWAG Group AG	13.6B	–	24.2%	0.95x	3.1x	2.5x	0.6x	0.6x
PRBKY PIRAEUS BANK S.A.	13.1B	–	40.1%	1.60x	9.9x	8.7x	1.3x	1.2x
CHBAY The Chiba Bank, Ltd.	12.2B	–	30.8%	1.21x	82.0x	68.9x	7.5x	7.0x
MIUFY Mitsubishi HC Capital Inc	12.2B	–	7.3%	–	22.6x	19.7x	1.8x	1.7x
CRDIY Yokohama Financial Group, Inc.	12.0B	–	30.0%	1.20x	38.3x	32.2x	3.7x	3.5x
Mean		–	25.1%	1.25x	44.5x	38.1x	4.5x	4.2x
Median		–	27.1%	1.21x	30.4x	26.0x	2.8x	2.6x

Technical analysis

1M0.0%
3M+21.4%
1Y+25.7%
3Y+125.6%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Israel Discount Bank Ltd, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Interest income	6,991	6,101	5,752	3,326	2,413	2,176
Total interest expense	3,843	3,115	2,715	855	310	339
Net interest income	3,147	2,986	3,037	2,471	2,103	1,837
Loan loss provision	142	193	417	116	−223	535
Net interest income after loan loss provision	3,006	2,793	2,620	2,356	2,326	1,302
Non-interest income	2,839	1,416	1,785	2,021	1,634	1,634
Non-interest expense	−3,859	−2,294	−2,570	−2,864	−2,567	−2,467
Net income before taxes	1,985	1,914	1,835	1,512	1,393	469
Provision for taxes	733	724	643	513	488	171
Minority interest & equity in affiliates	7.2	−10.2	−27.2	−5.4	−11.9	5.6
Other	0	0	0	0	0	0
Net income before extraordinary items	1,259	1,179	1,164	994	893	304
Extraordinary items	43.4	–	–	–	–	–
Net income	1,303	1,179	1,164	994	893	304
Basic weighted average shares (mil)	1,231	1,237	1,237	1,219	1,164	1,164
Diluted weighted average shares (mil)	1,234	1,364	1,237	1,219	1,164	1,164
Basic EPS excluding extraordinary items	1.02	0.95	0.94	0.81	0.77	0.26
Basic EPS, normalized	1.01	0.95	0.88	0.75	0.76	0.26

Balance sheet in millions of USD, fiscal years

Balance sheet, Israel Discount Bank Ltd, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & due from banks	19,055	16,634	13,045	18,248	18,871	13,347
Other earning assets	27,139	20,404	19,016	14,328	15,933	14,911
Net loans	90,885	77,612	71,853	68,533	68,656	58,778
Property, plant & equipment	1,572	1,668	1,573	1,110	1,095	933
Goodwill	5.7	44.1	44.7	46.1	52.5	51.1
Intangibles	–	–	–	–	–	–
Long-term investments	126	138	131	138	149	108
Other long-term assets	7,850	570	613	643	576	668
Other assets	3,837	3,188	3,623	4,057	2,597	2,763
Total assets	150,469	120,259	109,899	107,102	107,929	91,559
Liabilities
Accounts payable	513	3,636	3,157	3,169	3,508	3,128
Payable/accrued	–	–	–	–	–	–
Accrued expenses	632	809	751	432	475	414
Total deposits	114,594	93,506	85,781	87,458	88,133	74,536
Other bearing liabilities	141	100	33.6	38.1	51.2	80.0
Short-term borrowings	4,062	3,929	3,511	1,063	–	50.1
Current portion of long-term debt	–	–	–	–	–	–
Long-term debt	8,138	5,523	4,304	3,499	4,854	3,177
Minority interest	482	418	212	170	214	170
Other liabilities	11,268	3,641	4,241	4,201	3,774	4,030
Total liabilities	139,830	111,562	101,991	100,030	101,010	85,585
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	212	188	190	194	218	211
Additional paid-in capital	1,623	1,507	1,545	1,582	1,344	1,300
Retained earnings (accumulated deficit)	9,143	7,317	6,604	5,869	5,768	4,743
Treasury stock	–	–	–	–	–	–
Other equity	−340	−315	−431	−572	−410	−279
Total equity	10,639	8,697	7,908	7,073	6,920	5,974
Total liabilities & shareholders' equity	150,469	120,259	109,899	107,102	107,929	91,559

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Israel Discount Bank Ltd, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	1,327	1,199	1,188	1,007	912	314
Depreciation, depletion & amortization	216	198	173	165	173	153
Deferred taxes	−18.9	45.5	21.9	−123	118	−110
Non-cash items	868	−32.2	−179	−577	212	236
Changes in working capital	−292	−244	−645	−741	20.9	1,604
Cash from operations	2,099	1,166	559	−269	1,436	2,197
Investing activities
Capital expenditures	−221	−230	−332	−302	−315	−260
Other investing cash flows	−9,968	−7,128	−8,017	−7,730	−7,900	−5,707
Cash from investing	−10,189	−7,358	−8,349	−8,033	−8,214	−5,967
Financing activities
Financing cash flow items	9,728	10,210	3,811	9,356	12,372	8,999
Cash dividends paid	−515	−318	−291	−175	−46.4	−15.3
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−105	−28.9	−0.3	397	0	0
Cash from financing	9,108	9,864	3,520	9,578	12,325	8,984
Foreign exchange effects	−85.6	−25.9	−11.4	192	−67.0	−78.2
Net change in cash	932	3,646	−4,281	1,468	5,479	5,135
Free cash flow	1,879	936	227	−571	1,121	1,936

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 2, 2026 after market close.