>High IQ oldfags only.
It's possible. Lot's of sanctions, economic mili investment issues in the last year.
Reuters isn't likely to provide the dive in the reports necessary for non-accountants to grasp. Check the hedge. If there's dirt there, it's usually pointed at by the Tylers.
Have to re-look.
I took it the investment was 2016. Which made more sence given the question.
If the loss was 2016, why look at it now? Did they stuff it into a delayed loss account and actualize the accrual this year?
>The bank said its quarterly net profit totaled 736 million shekels ($213 million), down from 950 million shekels a year earlier and below a Reuters poll of analysts that had forecast 836 million shekels….Barclays analyst Tavy Rosner said the bank had legal costs of approximately 100 million shekels to handle an ongoing tax evasion investigation by the U.S. Justice Department.
Take the 836MM expected and reverse out 100MM tax evasion investigation gets you to 736MM. It's crap analysis without the Fin Reports, 10Q's etc. YMMV
>This place has been kosher since.
Wew lad!
No desire to be 4/pol here. We already got that.