- Net income from finance operations in 2025 totaled ~NIS 1.058 billion — ~9% YoY growth
- Loan originations in 2025 totaled ~NIS 11.1 billion — ~32% growth
- Net income in 2025 totaled ~NIS 131 million
- Loan originations in Q4 totaled ~NIS 3.3 billion — ~57% growth
- Net income from finance operations in Q4 totaled ~NIS 261 million — ~2% growth
- Net income in Q4 totaled ~NIS 26 million
- The company announced a dividend distribution of ~NIS 17.1 million in respect of Q4 profits
Eran Golan, CEO of Direct Finance, said:
We are summarizing 2025 with significant growth in loan originations and in income from finance operations across both of our segments. In the mortgage segment we accelerated the pace of growth significantly, while in the auto segment we strengthened our position in new-car loans alongside continued growth in used-car loans.
In total, in 2025 we originated loans of a record ~NIS 11 billion, reflecting ~32% growth vs. 2024. Our managed credit portfolio also continued to grow and crossed the NIS 18 billion threshold for the first time this year.
The mortgage company continues to be our main growth engine, delivering record profits of ~NIS 73 million last year, driven by strong demand for loans against existing properties. In the auto segment, we executed a comprehensive efficiency move that will be reflected in pre-tax annual savings of ~NIS 40 million starting in 2026. In parallel, we continue to act to reduce financing costs and improve the financial spread in the auto segment by using more attractive debt instruments.
We are also working to embed advanced AI tools in the company’s core systems, with the aim of improving customer handling and internal operations. These tools, combined with the high professionalism of our employees, will allow us to improve productivity and support growth.
Full-year 2025 highlights
- Loan originations in 2025 totaled ~NIS 11.135 billion, ~32% growth vs. ~NIS 8.449 billion in the prior year.
- Net income from finance operations totaled ~NIS 1.058 billion — ~9% growth.
- Credit-loss expenses totaled ~NIS 260 million — ~16% growth. Weighted credit-loss rate was ~3.15%.
- Net income of the mortgage segment totaled ~NIS 73.4 million — ~41% growth.
- Net income of the auto-loan segment totaled ~NIS 58 million vs. ~NIS 97 million in the prior period.
- Net income totaled ~NIS 131 million; net income attributable to shareholders ~NIS 120 million.
Q4 2025 highlights
- Loan originations in Q4 totaled ~NIS 3.286 billion — ~57% growth.
- Net income from finance operations totaled ~NIS 261.2 million — ~2% growth.
- Credit-loss expenses totaled ~NIS 65.4 million; weighted credit-loss rate was ~2.94%.
- Net income of the mortgage segment totaled ~NIS 11.7 million (the prior-quarter profit included NIS 24.4 million from mortgage securitization not executed this quarter).
- Net income of the auto-loan segment totaled ~NIS 14.4 million vs. ~NIS 7.1 million in the corresponding quarter.
- Net income totaled ~NIS 26.1 million; net income attributable to shareholders ~NIS 24.4 million.
Balance sheet & dividend
- Loan portfolio as of December 31, 2025 totaled ~NIS 18.5 billion (including portfolio assigned and/or marketed for third parties).
- Loan portfolio not assigned to third parties — ~NIS 9.8 billion.
- Shareholders’ equity attributable to owners — ~NIS 1.354 billion.
- The board of directors declared on March 26, 2026 a dividend of ~NIS 17.1 million (NIS 5.77 per share) in respect of Q4 profits.
About Direct Finance
Direct Finance (Mimun Yashir), led by Eran Golan, is a public company traded on the Tel Aviv Stock Exchange. The company is one of Israel’s leading non-bank consumer credit companies and operates in auto loans and mortgages. The company also operates the digital platform Carwiz and the leading Israeli automotive content website and magazine ‘Auto’.
