Phoenix Financial Ltd. (TASE: PHOE) reported a comprehensive income of NIS 702 million for the first quarter of 2026. This figure represents a 24% increase compared to the same period last year. The company achieved a return on equity of 24.1%.
Management announced a quarterly dividend of NIS 320 million. The company also committed to NIS 85 million in share repurchases.
Phoenix Holdings Ltd. shares fell 4.90% to close at 18,250.00 on May 28, 2026. This decline occurred alongside a broader market downturn where the TA 35 index dropped 1.02%. The financial and insurance sectors recorded notable losses during the session.