First International Bank of Israel Ltd (FIBI) fair value: what the stock is really worth
As of Nov 12, 2026: fair value (intrinsic value) of First International Bank of Israel Ltd stock ILS 189, price ILS 220, that is 14.2% below the price, quality 68 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 12, 2026.
How to read this chart
60‑month range 72.05 ILS – 288.91 ILS · fair‑value band 142.54 ILS – 273.14 ILS · the 220.20 ILS price screens above the 188.87 ILS fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 12, 2026.
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First International Bank of Israel Ltd., together with its subsidiaries, provides financial and banking services to individuals, households, and businesses in Israel.
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The company offers deposits and savings products, and structured deposits; credit cards; mortgage services; private banking services; and mobile and online banking.
It also provides capital market services, including investment advisory, securities trading, and trading systems; business banking services comprising international trade and consultancy services for investments and transactions; and commercial banking services, such as financial guidance and support of construction projects and solutions for activity in the capital market and the derivatives, as well as financing in foreign trade, and working capital.
The company was incorporated in 1972 and is headquartered in Tel Aviv-Yafo, Israel.
Stock analysis
First International Bank of Israel Ltd (FIBI) currently trades at 220.20 ILS, while our model-based Fair Value estimate is 188.87 ILS, 14% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 245.64 ILS per share, and 1 of the 6 models we run sit above the 220.20 ILS price.
Bear case: the Asset-Based group reads lowest at 94.93 ILS, and 5 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 142.54 ILS (bear) to 273.14 ILS (bull), the price of 220.20 ILS sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 68/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
First International Bank of Israel Ltd reported revenue of 13.9B ILS in FY2025 versus 4.7B ILS in FY2021, a compound +30.7%/yr. Reported net income was 2.3B ILS in FY2025, compounding +12.6%/yr from FY2021.
Key figures
Market cap 22.1B ILS Mid · P/E ratio 9.6 · P/S ratio 3.24 · EPS (TTM) 22.87 ILS · Dividend yield 5.4% · Net margin 31.6% · Return on equity 14.8% · Return on assets (EBIT) 1.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 71 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −31% fair-value upside, at −14%, FIBI screens cheaper than that median.
Fair Value models
Bear142.54 ILSFair Value 188.87 ILSBull273.14 ILS
Price 220.20 ILS · Downside -14.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (9.52 ILS per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+28.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+26.7%
Start year 2020 (pandemic). Over 10 years: +14.0% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.3%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+26.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+21.2%
Dividend (yield on the price)5.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.21.2% vs 17.4%, picking up
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.27% → 27%
News mood ⓘNews mood, the average tone of recent news (32 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
Compare First International Bank of Israel Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Banks - Regional · 998 stocks
Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score68 · Top 25%
Fair Value upside−14.2% · Above median
Profitability
Return on equity (12 months)14.8% · Top 25%
Return on assets0.8% · Below median
Net margin (12 months)31.6% · Above median
Operating margin (12 months)54.8% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−3.0% · Bottom 25%
Dividend yield (12 months)5.4% · Top 25%
Balance sheet
Debt / equity0.25× · Below median
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/E (12 months)9.6× · Cheaper than median
P/B1.51× · Pricier than median
P/S (12 months)3.24× · Cheaper than median
Price / free cash flow (fiscal year)7.4× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)14· sector 9
FUTURE (revenue growth)0· sector 47
PAST (return on equity)59· sector 43
HEALTH (low debt)–
DIVIDEND (yield)100· sector 52
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "First International Bank of Israel Ltd Fair Value". https://www.fairvalue-calculator.com/stock/FIBI
Frequently asked questions
Is First International Bank of Israel Ltd (FIBI) overvalued or undervalued?
As of Nov 12, 2026, our model estimates a fair value of 188.87 ILS versus a price of 220.20 ILS, about 14% lower (overvalued).
What is the fair value of FIBI?
Our model-based fair value for First International Bank of Israel Ltd is 188.87 ILS (as of Nov 12, 2026), built from audited fundamentals. The current price: 220.20 ILS.
What is the quality score of FIBI?
First International Bank of Israel Ltd has a Quality Score of 68/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for First International Bank of Israel Ltd (FIBI)?
Our model-based price target is the fair value of 188.87 ILS (as of Nov 12, 2026) from 6 valuation models. Cautious scenario 142.54 ILS, optimistic scenario 273.14 ILS. It is a calculation from audited fundamentals, not an analyst target.
What is the First International Bank of Israel Ltd stock forecast for 2026?
Our models put fair value at 188.87 ILS, about 14% lower versus a price of 220.20 ILS (overvalued). Cautious scenario 142.54 ILS, optimistic scenario 273.14 ILS. The calculation is refreshed regularly with new filings.
What is the revenue of First International Bank of Israel Ltd (FIBI)?
First International Bank of Israel Ltd reported trailing-twelve-month revenue of about 6.8B ILS (latest available figure, as of Nov 12, 2026).
Does First International Bank of Israel Ltd pay a dividend?
First International Bank of Israel Ltd currently shows a dividend yield of 5.41% relative to its recent price (as of Nov 12, 2026).
How much is the dividend of First International Bank of Israel Ltd (FIBI) and when is the ex-dividend date?
First International Bank of Israel Ltd pays a dividend of 11.91 ILS per share a year, a dividend yield of 5.4%. The last ex-dividend date was Nov 9, 2026. A dividend has been paid every year since at least 2019. The payout ratio is 52.1% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of First International Bank of Israel Ltd (FIBI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For First International Bank of Israel Ltd it is 188.87 ILS per share (as of Nov 12, 2026), against a price of 220.20 ILS. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is First International Bank of Israel Ltd stock overvalued or undervalued in 2026?
As of Nov 12, 2026, FIBI trades above its calculated fair value: price 220.20 ILS, fair value 188.87 ILS, a gap of about −14% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of FIBI?
No. The price is what the market pays today (220.20 ILS); the fair value is what the company's own numbers justify (188.87 ILS). For First International Bank of Israel Ltd the two are 31.33 ILS per share apart. That gap is exactly why we show both numbers side by side.
How much is First International Bank of Israel Ltd worth?
The market values First International Bank of Israel Ltd at about 22.1B ILS (market capitalisation, as of Nov 12, 2026). Per share that is 220.20 ILS; our models calculate a fair value of 188.87 ILS per share.
What do the bullish and bearish scenarios say about FIBI?
Our models span a range for First International Bank of Israel Ltd: cautious scenario 142.54 ILS, base 188.87 ILS, optimistic 273.14 ILS per share (as of Nov 12, 2026, price 220.20 ILS). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of FIBI?
First International Bank of Israel Ltd trades at a price-to-earnings ratio of 9.6 (as of Nov 12, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 188.87 ILS is built from several models across several years. Median P/E at fiscal year-end, 7 fiscal years (2019 to 2025), reported earnings: 9.3. Other multiples: P/B 1.5, P/S 3.2.
How solid is the balance sheet of First International Bank of Israel Ltd (FIBI)?
Balance-sheet figures for First International Bank of Israel Ltd (as of Nov 12, 2026): return on equity 14.8%, debt of 0.25 per unit of equity. They feed the Quality Score of 68/100, which measures business quality independently of the share price.
How far is FIBI from its 52-week high?
First International Bank of Israel Ltd trades at 220.20 ILS, about 24% below its 52-week high of 288.91 ILS and 5% above the low of 210.60 ILS (as of Nov 12, 2026). Distance from the high says nothing about value: that is what the fair value of 188.87 ILS is for.
Which stocks are comparable to First International Bank of Israel Ltd?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is First International Bank of Israel Ltd stock attractive at the current price?
The data as of Nov 12, 2026: price 220.20 ILS, calculated fair value 188.87 ILS (−14%), Quality Score 68/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of FIBI calculated?
We run First International Bank of Israel Ltd through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 188.87 ILS builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.3% above its aggregate fair value. First International Bank of Israel Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of First International Bank of Israel Ltd (FIBI)?
The closing price on Nov 12, 2026 was 220.20 ILS. Our model-based fair value is 188.87 ILS, about 14% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with First International Bank of Israel Ltd right now?
Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (142.54 ILS to 273.14 ILS) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of First International Bank of Israel Ltd (FIBI) come from?
Earnings per share at First International Bank of Israel Ltd grew +19.0 % a year from 2014 to 2025. Broken into its drivers: revenue per share +13.9 %, EBIT margin +3.6 %, tax rate +1.2 %, residual (interest, one-offs) −0.4 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of First International Bank of Israel Ltd
How large is the market capitalisation of First International Bank of Israel Ltd (FIBI)?
The market capitalisation of First International Bank of Israel Ltd is 22.1B ILS. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of First International Bank of Israel Ltd (FIBI)?
The price-to-sales ratio of First International Bank of Israel Ltd is 3.24 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of First International Bank of Israel Ltd (FIBI)?
Earnings per share at First International Bank of Israel Ltd are 22.87 ILS (price ÷ EPS = P/E 9.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of First International Bank of Israel Ltd (FIBI)?
The dividend yield of First International Bank of Israel Ltd is 5.4% (payout 52.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of First International Bank of Israel Ltd (FIBI)?
The net margin of First International Bank of Israel Ltd is 31.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of First International Bank of Israel Ltd (FIBI)?
The return on equity (ROE) of First International Bank of Israel Ltd is 14.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of First International Bank of Israel Ltd (FIBI)?
On an EBIT basis the return on assets of First International Bank of Israel Ltd is 1.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of First International Bank of Israel Ltd (FIBI)?
The operating margin of First International Bank of Israel Ltd is 54.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at First International Bank of Israel Ltd (FIBI)?
Revenue at First International Bank of Israel Ltd is growing −3.0% versus a year earlier (3y avg +28.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at First International Bank of Israel Ltd (FIBI)?
Earnings per share at First International Bank of Israel Ltd are growing −8.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does First International Bank of Israel Ltd (FIBI) generate?
The free cash flow of First International Bank of Israel Ltd is 3.0B ILS (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does First International Bank of Israel Ltd (FIBI) hold?
First International Bank of Israel Ltd holds more cash than debt, 71.0B ILS net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Some data
Nov 12, 2026