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Migdal: Profit Remained Stable, Return on Equity Stood at 22.4%

Summary by Globes
Migdal Insurance Company showed 5% growth in core profits, but the interest rate cut eroded the total profit, which stood at approximately NIS 575 million at the end of the quarter. • The long-term savings sector continued to enjoy growth.

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Migdal Insurance Company showed 5% growth in core profits, but the interest rate cut eroded the total profit, which stood at approximately NIS 575 million at the end of the quarter. • The long-term savings sector continued to enjoy growth.

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Globes broke the news on Monday, August 17, 2026.
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