Israel Discount Bank announced earnings results for the third quarter of 2016. For the quarter, the company reported 11.9% rise in net profit to ILS 188 million compared with ILS 168 million in the third quarter of 2015. Net financing income was ILS 1.87 billion compared with NIS 1.067 billion in the corresponding quarter. Annualized net return on equity was 5.5%. Excluding a provision for CAL-Israel Credit Cards Ltd. return on equity was 6.4%.