Stock Analysis

Israel Discount Bank First Quarter 2024 Earnings: EPS: ₪0.85 (vs ₪1.03 in 1Q 2023)

Source: Shutterstock

Israel Discount Bank (TLV:DSCT) First Quarter 2024 Results

Key Financial Results

  • Revenue: ₪3.68b (down 9.3% from 1Q 2023).
  • Net income: ₪1.05b (down 17% from 1Q 2023).
  • Profit margin: 29% (down from 31% in 1Q 2023). The decrease in margin was driven by lower revenue.
  • EPS: ₪0.85 (down from ₪1.03 in 1Q 2023).
TASE:DSCT Earnings and Revenue History May 23rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Israel Discount Bank Earnings Insights

Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Banks industry in Asia.

Performance of the market in Israel.

The company's shares are down 3.1% from a week ago.


If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Israel Discount Bank could be a good place to look. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

Valuation is complex, but we're helping make it simple.

Find out whether Israel Discount Bank is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at)

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.