The Phoenix Holdings Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was ILS 2,625.05 million compared to ILS 6,870.38 million a year ago. Net income was ILS 675.1 million compared to ILS 315.4 million a year ago.

Basic earnings per share from continuing operations was ILS 2.68 compared to ILS 1.24 a year ago. Diluted earnings per share from continuing operations was ILS 2.63 compared to ILS 1.23 a year ago.