Migdal Insurance and Financial Holdings Ltd.

Tel Aviv Stock Exchange:MGDL.TA

Sector

💰 Finance

Industries

💵 Insurance

🏦 Banking & Lending

💰 Investment Banking & Asset Management

💰 Pension Funds

💼 Private Equity

Location

Israel

Market Cap

USD 2.67 B

Share Price

USD 2.54

Avg Daily Volume

2,000,457

Change (1 day)

5.34%

Change (1 year)

121.85%

Change (YTD)

36.73%

Migdal Insurance and Financial Holdings Ltd. Selling, General, and Administrative Expenses (SG&A) for the year ending December 31, 2024: USD 190.82 M

Migdal Insurance and Financial Holdings Ltd. Selling, General, and Administrative Expenses (SG&A) is USD 190.82 M for the year ending December 31, 2024, a 9.04% change year over year. Selling, general, and administrative (SG&A) expenses are the expenses related to the sales and marketing efforts, as well as general and administrative functions of a company.

Migdal Insurance and Financial Holdings Ltd. Selling, General, and Administrative Expenses (SG&A) for the year ending December 31, 2023 was USD 174.99 M, a 8.52% change year over year.
Migdal Insurance and Financial Holdings Ltd. Selling, General, and Administrative Expenses (SG&A) for the year ending December 31, 2022 was USD 161.25 M, a -0.58% change year over year.
Migdal Insurance and Financial Holdings Ltd. Selling, General, and Administrative Expenses (SG&A) for the year ending December 31, 2021 was USD 162.19 M, a 19.98% change year over year.
Migdal Insurance and Financial Holdings Ltd. Selling, General, and Administrative Expenses (SG&A) for the year ending December 31, 2020 was USD 135.18 M, a 11.13% change year over year.

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Key data

Date	Selling, General, and Administrative Expenses (SG&A)	Research and Development (R&D) Expenses	Revenue	Revenue

Tel Aviv Stock Exchange: MGDL.TA

Migdal Insurance and Financial Holdings Ltd.

CEO	Mr. Joseph Ben Baruch
IPO Date	Aug. 12, 2002
Location	Israel
Headquarters	Hayetzira 2 Street
Employees	4,583
Sector	💰 Finance
Industries Insurance 🏦 Banking & Lending 💰 Investment Banking & Asset Management 💰 Pension Funds 💼 Private Equity

Description

Migdal Insurance and Financial Holdings Ltd., together with its subsidiaries, provides insurance, pension, and financial services for private and corporate customers in Israel. The company deals and manages pension plans, life and health insurance products, pensions, and financial business plans; and provides personal accident and mortgage insurance solutions, and savings, as well as insurance agency services. It also markets investments; operates nostro accounts; and manages financial assets, including mutual funds and portfolios, as well as engages in the investment banking and distribution activities. The company was founded in 1934 and is based in Petah Tikva, Israel. Migdal Insurance and Financial Holdings Ltd. operates as a subsidiary of Eliahu Issues Ltd.