Israel Discount Bank Limited

Tel Aviv Stock Exchange DSCT.TA

Israel Discount Bank Limited Gross Profit for the year ending December 31, 2023: USD 4.31 B

Israel Discount Bank Limited Gross Profit is USD 4.31 B for the year ending December 31, 2023, a 21.33% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Israel Discount Bank Limited Gross Profit for the year ending December 31, 2022 was USD 3.55 B, a 5.92% change year over year.
  • Israel Discount Bank Limited Gross Profit for the year ending December 31, 2021 was USD 3.36 B, a 9.25% change year over year.
  • Israel Discount Bank Limited Gross Profit for the year ending December 31, 2020 was USD 3.07 B, a 10.59% change year over year.
  • Israel Discount Bank Limited Gross Profit for the year ending December 31, 2019 was USD 2.78 B, a 15.87% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Tel Aviv Stock Exchange: DSCT.TA

Israel Discount Bank Limited

CEO Mr. Avraham Levi
IPO Date Aug. 12, 2002
Location Israel
Headquarters Discount Bank Tower
Employees 8,404
Sector Finance
Industries
Description

Israel Discount Bank Limited, together with its subsidiaries, provides various banking and financial services in Israel, Europe, and North America. The company operates through Retail Banking, Middle Market Banking, Corporate Banking, Financial Operations, Discount Capital, Discount Bancorp, Israel Credit Cards Company, and Other segments. Its personal banking services include checking accounts, deposits and savings products, loans and credit facilities, mortgages, credit cards, capital market products, consulting services, family banking programs, and tax exemption services. The company also provides accounts, credit, funds, credit cards, and loans for small businesses; commercial business products for factories, workshops, service providers, and merchants; corporate, residential and commercial construction, infrastructure, and rental property financing; and personal consulting services for corporations and executives in various fields of investment, inliquidity, and asset management; brokerage and trading services; customized services for diamond traders; and capital market consulting, including foreign trade, documentary collection and credit, foreign guarantee, export financing, online foreign trade, anti money laundering, and mutual fund services. In addition, it offers tools for capital market transactions; provides Israeli private banking, foreign currency, commercial payment, securities custody and execution, capital market advisory, international banking, portfolio management, and online and digital banking services; manages securities investment portfolios for private customers, corporations, not-for-profit organizations, and institutional bodies; and initiates and assists public offerings and private placements, as well as provides underwriting and distribution services. The company operates through a chain of 171 branches in Israel. Israel Discount Bank Limited was incorporated in 1935 and is based in Tel Aviv, Israel.

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StockViz Staff

January 15, 2025

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