Stock Analysis

Israel Discount Bank Reports Full Year 2022 Earnings

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Israel Discount Bank (TLV:DSCT) Full Year 2022 Results

Key Financial Results

  • Revenue: ₪12.5b (up 12% from FY 2021).
  • Net income: ₪3.50b (up 26% from FY 2021).
  • Profit margin: 28% (up from 25% in FY 2021). The increase in margin was driven by higher revenue.
TASE:DSCT Earnings and Revenue Growth March 15th 2023

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 7.4% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Banks industry in Asia.

Performance of the market in Israel.

The company's shares are down 2.5% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Israel Discount Bank you should be aware of.

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