Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Gross-Profit-to-Asset % : 3.69% (As of Jun. 2023)

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What is Mizrahi Tefahot Bank Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Mizrahi Tefahot Bank's annualized Gross Profit for the quarter that ended in Jun. 2023 was $4,329 Mil. Mizrahi Tefahot Bank's average Total Assets over the quarter that ended in Jun. 2023 was $117,415 Mil. Therefore, Mizrahi Tefahot Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was 3.69%.

Mizrahi Tefahot Bank Gross-Profit-to-Asset % Historical Data

The historical data trend for Mizrahi Tefahot Bank's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mizrahi Tefahot Bank Gross-Profit-to-Asset % Chart

Mizrahi Tefahot Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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2.73

2.48

2.72

3.23

3.36

Mizrahi Tefahot Bank Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															3.34	3.07	3.55	3.69	-

Competitive Comparison of Mizrahi Tefahot Bank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Mizrahi Tefahot Bank's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mizrahi Tefahot Bank's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mizrahi Tefahot Bank's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mizrahi Tefahot Bank's Gross-Profit-to-Asset % falls into.

Mizrahi Tefahot Bank Gross-Profit-to-Asset % Calculation

Mizrahi Tefahot Bank's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	3992.604	/	( (116026.63	+	121420.899)	/ 2 )
	=	3992.604	/	118723.7645
	=	3.36 %

Mizrahi Tefahot Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	4329.068	/	( (117602.758	+	117226.741)	/ 2 )
	=	4329.068	/	117414.7495
	=	3.69 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Jun. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Mizrahi Tefahot Bank Gross-Profit-to-Asset % Related Terms

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Mizrahi Tefahot Bank (Mizrahi Tefahot Bank) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mizrahi Tefahot Bank Ltd (OTCPK:MZTFF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

MZTF:Israel

Address

7 Jabotinsky Street, P.O. Box 3450, Ramat Gan, ISR, 5252007

Website

https://www.mizrahi-tefahot.co.il

Mizrahi Tefahot Bank Ltd offers commercial and personal banking services. The company reports seven core segments: household, consisting of individuals with assets less than ILS 3 million in assets; private banking, consisting of individuals with financial assets greater than ILS 3 million; micro and small business; medium business; large business; institutional investor, servicing asset managers, fund managers, and insurance companies; and financial management, including trade operations, asset, and liability management, and miscellaneous investments. Approximately half of the company's total revenue comes from the household segment. The company operates through a branch network spanning Israel, Europe, and the Americas.