Business
Phoenix Financial Reports 2025 Results With Strong Growth Exceeding Pace of Guidance
Phoenix Financial Ltd., a leading Israel-based asset management and insurance company (TASE: PHOE) ("Phoenix," the "Group," or the "Company") today reported its full year 2025 results.
About this update from Phoenix Asia Holdings Limited
[{"type":"text","content":"TEL-AVIV, Israel, March 26, 2026 /PRNewswire/ -- Phoenix Financial Ltd., a leading Israel-based asset management and insurance company (TASE: PHOE) ("Phoenix," the "Group," or the "Company") today reported its full year 2025 results.","length":263,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"text","content":"Strong growth in comprehensive income – Annual comprehensive income reached NIS 3,186 million in 2025 and NIS 887 million in the fourth quarter of 2025, an increase of 34% and 23% respectively, compared to the corresponding periods last year.","length":242,"tagName":"p"},{"type":"text","content":"Increase in return on equity – Phoenix achieved ROE of 26.6% in 2025 and 28.9% in the fourth quarter of 2025.","length":114,"tagName":"p"},{"type":"text","content":"Strong growth in core income, reaching NIS 2,650 million in 2025 and NIS 665 million in the fourth quarter of 2025, an increase of 16% and 9% respectively, compared to the corresponding periods last year. The growth rate exceeds the rate required to achieve the Company's 2028 guidance of NIS 3.3–3.5 billion.","length":313,"tagName":"p"},{"type":"text","content":"Accelerated growth in asset management activities with NIS 895 million in core income, an increase of approximately 42% compared to 2024. Total AUM reached NIS 610 billion (roughly $200 billion), an increase of approximately 16% compared to the end of 2024.","length":257,"tagName":"p"},{"type":"text","content":"Growing dividend – Phoenix generates strong cash flows and profitable growth and today announced a quarterly dividend of NIS 360 million, or approximately NIS 1.6 per share, with respect to its fourth quarter 2025 results. Total dividends for 2025 amount to NIS 1,310 million, or approximately roughly NIS 6.0 per share, and are in addition to share buybacks of approximately NIS 300 million. Phoenix has updated its dividend policy from a minimum of 40% to a minimum of 45% of comprehensive income and is guiding for combined dividends and buybacks of at least 55% in 2026.","length":579,"tagName":"p"},{"type":"text","content":"Business performance and strategic growth","length":41,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Phoenix reports comprehensive income of NIS 3,186 million (NIS 12.6 per s...