First International Bank Of Israel, IL0005930388

First International Bank of Israel stock faces legal test after 96% payout

Published on 10/07/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First International Bank of Israel stock traded at ILA 22,260 on October 7, 2026, 26.0 percent below its yearly high. Q2 brought an ILS 5.56 dividend and an October 25 AGM.

First International Bank Of Israel, IL0005930388, Illustration mit AI erstellt.

First International Bank of Israel (ISIN IL0005930388) stock was trading at ILA 22,260 on the Tel Aviv Stock Exchange at 10:19 a.m. IDT on October 7, 2026, up 0.18 percent from the prior close. The immediate market read is restrained, while the bank's latest shareholder return and a legal case provide the main points for investors.

Legal case meets capital return

According to Simply Wall St on October 5, 2026, the Central Lod District Court allowed a class action against First International Bank of Israel to proceed. The case concerns alleged unjust enrichment linked to unpaid interest on positive current account balances.

The legal issue arrives alongside a generous distribution policy. Simply Wall St reported that the bank approved a second-quarter dividend of ILS 5.56 per share and a distribution equal to 96 percent of quarterly net income. That payout supports income appeal, but it also leaves less profit inside the bank for capital growth.

Q2 payout shapes income case

The second-quarter distribution followed results reported for the period ended June 30, 2026. The financial data show quarterly revenue of ILS 3.495 billion, net income of ILS 583 million and basic earnings per share of ILS 5.81. Compared with the first quarter, net income rose from ILS 480 million to ILS 583 million, a 21.5 percent increase.

The bank's balance sheet also expanded between March 31 and June 30, 2026. Total assets increased from ILS 272.602 billion to ILS 293.955 billion, while shareholders' equity rose from ILS 15.071 billion to ILS 15.534 billion. These figures frame the dividend decision as a capital-allocation choice rather than a standalone yield story.

Stock stays below yearly high

At ILA 22,260, the stock was 26.0 percent below its 52-week high of ILA 30,090 and 7.6 percent above its low of ILA 20,690. The market capitalization stood at ILA 22.3 billion, with volume of 29,115 shares at the October 7, 2026 quotation.

The market profile from Global Banking and Finance Review identifies FIBI.TA as the Tel Aviv listing and assigns the security ISIN IL0005930388. The next dated corporate checkpoint is the annual general meeting scheduled for October 25, 2026, according to Simply Wall St.

ILA 22,260 on October 7

First International Bank of Israel stock was trading at ILA 22,260 on the Tel Aviv Stock Exchange on October 7, 2026, with a 0.18 percent daily gain. The combination of a 96 percent Q2 payout, a 26.0 percent gap to the yearly high and the class action keeps capital returns and legal exposure on the same investor checklist.