Meitav Investment House Posts Record Q2 2026 Profits, Expands EBITDA Margin to 43.2%
Event summary
- Net profit attributed to shareholders rose 31% year-over-year to NIS 142 million (~$48 million) in Q2 2026.
- Adjusted EBITDA margin expanded to a record 43.2%, up from 42.3% in Q1 2026.
- Total assets under management (AUM) reached NIS 463 billion (~$155 billion), up 14% since December 2025.
- Completed full exchange tender offer for Peninsula Group Ltd., making it a wholly owned subsidiary.
- Credit rating upgraded by Midroog from Aa3.il to Aa2.il with a Stable Outlook.
The big picture
Meitav Investment House's strong Q2 2026 results reflect its leadership in Israel's asset management sector, with record AUM and expanding margins. The strategic acquisition of Peninsula Group Ltd. and the credit rating upgrade underscore the firm's growth trajectory and disciplined risk management. The company's focus on AI-driven efficiencies positions it to capitalize on continued demand for its investment products and services.
What we're watching
- Profitability Momentum
- Whether Meitav can sustain its record EBITDA margin and exceed full-year 2026 guidance.
- Strategic Integration
- How the full ownership of Peninsula Group Ltd. will impact Meitav's non-bank credit segment.
- AI Initiatives
- The pace at which AI-driven client service and back-office operations will scale across the platform.
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