Meitav Investment House Posts Record Profits as Assets Hit NIS 464 Billion

The Tel Aviv-based investment house saw its total revenues grow by 28% to NIS 614 million, driven primarily by a 37% increase in revenue from activities linked to assets under management. This momentum helped push total assets under management to a record NIS 463 billion by the end of June, excluding alternative investments. The company also recorded net inflows exceeding NIS 14 billion, underscoring strong client trust in both its short-term and long-term savings products.

Operational efficiency remains a focal point for the firm, which recently integrated its non-bank credit subsidiary, Peninsula, as a wholly owned entity to streamline capital utilization. CEO Ilan Raviv noted that the company’s adoption of AI has significantly enhanced service capabilities, with automated tools now handling over half of all client correspondence. Following these results, Meitav raised its full-year outlook, anticipating profit growth to exceed 25% for 2026. The firm’s financial stability was further validated during the quarter by a credit rating upgrade from Midroog to Aa2.il.