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.
First Quarter 2026 Financial Highlights
Record total revenues increased 32% year-over-year to NIS 598 million (~$189 million).
Record revenue from AUM-based activities increased 38% year-over-year to NIS 391 million (~$124 million).
Record operating profit increased 55% year-over-year to NIS 223 million (~$70 million).
Record adjusted EBITDA margin improved to 42.3%, compared to approximately 38.3% in the first quarter of 2025.
Record net inflows of over NIS 17 billion (~$5.4 billion) remained strong across long-term and short-term savings products, reflecting continued client trust and platform momentum.
G&A expenses normalized to NIS 169 million (~$53 million) in Q1 2026, increased 10% year-over-year from NIS 154 million (~$49 million) in Q1 2025, but decreased 5% from the previous quarter in line with the seasonal pattern described in the Company's annual report.
First Quarter 2026 Strategic Highlights
Long-term savings (LTS) revenues reached NIS 242 million (~$76 million), up 36% year-over-year, driven by strong client deposit inflows and market share gains.
Mutual funds and ETFs revenues reached NIS 133 million (~$42 million), up 45% year-over-year, reflecting continued strong inflows mainly into actively managed equity and fixed income funds.
Meitav Trade revenues reached NIS 80 million (~$25 million), up 23% year-over-year. Following the acquisition of the Group's institutional brokerage activity by Meitav Trade, at the beginning of 2026, the Company presents both retail and institutional brokerage operations as one segment.
Non-bank credit revenues reached NIS 98 million (~$31 million), up 8% year-over-year from NIS 91 million in Q1 2025.
Total assets under management reached a record NIS 425.7 billion as of March 31, 2026, reflecting continued positive net inflows. On April 30, total AUM reached a record of NIS 448 billion (~$142 billion).
"We delivered another record quarter and a strong start to 2026, driven by continued momentum across our diversified platform," said Ilan Raviv, Chief Executive Officer of Meitav Investment House. "Our long-term savings segment continued to benefit from strong inflows from both existing and new client deposits as well as market share gains, translating ...
