Phoenix Financial Ltd. (IPHXF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, this is David Alexander, Deputy CEO of Phoenix Financial. Thank you for joining us to discuss the results for the first half of 2026. The call will be led by Phoenix CEO Eyal Ben-Simon and CFO and Deputy CEO Eri Schwartz. The presentation for the call can be found on our website or the Tel Aviv Stock Exchange website. It provides key points on the financial statements released this morning and should be read together with the full financials. At the end of the call, we'll answer questions that were discussed today on the Hebrew call. You can send any additional questions to us individually or to the email address ir.fnx.co.il. We're available to meet with investors to discuss performance, strategy, or any questions. Please note that the call will include forward-looking statements so that actual future results may be different. First day out, we'll talk about the company's results and the strategic growth. Eli will then review the group's financial results in more detail by segment. Phoenix is the leading Israeli financial platform and asset manager, with $220 billion in assets under management. We have two sets of activities. First, a broad asset management business with growth engines, generating fee-related and recalling earnings. The second is a multi-line insurance business, including a marketing P&C business, as well as significant life and health businesses. Together, these activities create a broad, integrated financial platform for our clients. They generate synergies, data, high profitable, growth and strong cash flows. Phoenix provides access to Israel's dynamic economy. The market benefits from strong long-term demographic trends, productivity growth and wealth accumulation. And the Israeli economy continues to show strong resilience coming out of ...