Business
Meitav Investment House Reports Record First Quarter 2026 Results: Revenue of NIS 598 Million Up 32%, Operating Profit Up 55%, and Net Profit Up 31% Year-Over-Year
Meitav Investment House (TASE: MTAV), Israel's leading investment house, announced today record financial results for the first quarter ended March 31, 2026, marking another quarter of all-time highs in assets under management, net inflows, revenues, and profitability.
About this update from Meitav Investments House Ltd
[{"type":"text","content":"Management to Host Conference Call Today at 8:30 a.m. EST/3:30 p.m. Israel Time to Discuss Results","length":98,"tagName":"p","attribs":{}},{"type":"text","content":"TEL AVIV, Israel, May 26, 2026 /PRNewswire/ -- Meitav Investment House (TASE: MTAV), Israel's leading investment house, announced today record financial results for the first quarter ended March 31, 2026, marking another quarter of all-time highs in assets under management, net inflows, revenues, and profitability.","length":320,"tagName":"p"},{"type":"image","alt":"Profit and Loss, In NIS million, excluding provisions for legal claims","displaySize":"","headline":null,"caption":"Profit and Loss, In NIS million, excluding provisions for legal claims","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":188,"url":"https://media.zenfs.com/en/prnewswire.com/f1b03103277cb95cf90f2c42d18a2763"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/uyEUREM8WeQhGY7AYRE_Qw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMzMQ--/https://media.zenfs.com/en/prnewswire.com/f1b03103277cb95cf90f2c42d18a2763","width":400,"height":188},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/pZ1fjz_Ftjhi81ht3RYCRQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTMwMQ--/https://media.zenfs.com/en/prnewswire.com/f1b03103277cb95cf90f2c42d18a2763","width":400,"height":188}},"href":"https://mma.prnewswire.com/media/2987143/Meitav.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"First Quarter 2026 Financial Highlights","length":39,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Record total revenues increased 32% year-over-year to NIS 598 million (~$189 million).","length":86,"tagName":"p"}]},{"val":[{"type":"text","content":"Record revenue from AUM-based activities increased 38% year-over-year to NIS 391 million (~$124 million).","length":105,"tagName":"p"}]},{"val":[{"type":"text","content":"Record operating profit increased 55% year-over-year to NIS 223 million (~$70 million).","length":87,"tagName":"p"}]},{"val":[{"type":"text","content":"Record adjusted EBITDA margin improved to 42.3%, compared to approximately 38.3% in the first quarter of 2025.","length":110,"tagName":"p"}]},{"val":[{"type":"text","content":"Record net inflows of over NIS 17 billion (~$5.4 billion) remained strong across long-term and short-term savings products, re...