Mizrahi Tefahot Bank reported earnings results for the third quarter of 2016. For the quarter, bank reported that its net profit rose to ILS 373 million in the last quarter, the highest quarterly profit in its history. It compares with ILS 340 million in the second quarter and ILS 316 in the third quarter of 2015. Quarterly revenue rose to ILS 1.476 billion, compared with ILS 1.42 billion in the corresponding quarter of 2015. Return on equity was 12.4%, on an annualized basis, while the bank continued to expand its capital base.