Bank Leumi opens 2026 with the strongest results in the system: Net income of approx. NIS 2.3 billion ($742 million) and dividend distribution of NIS 1.3 billion ($411 million)

Bank Leumi opens 2026 with the strongest results in the system: Net income of approx. NIS 2.3 billion ($742 million) and dividend distribution of NIS 1.3 billion ($411 million)

PR Newswire

TEL AVIV, Israel, May 19, 2026

Return on equity in Q1: 13.6% (15.1% excluding the effect of the special tax imposed on Israeli banks this year)Leumi's efficiency ratio continues to improve and remains the best in Israel and among the best globally: stood at only 29.1% in Q1, compared to 32.1% in the corresponding quarter last yearStrong growth in corporate credit – above the average growth in the banking system: 10.3% growth in Q1 – an increase of 27.5% compared to the corresponding quarter last year. This growth was driven by the expansion of business activity in fields which are in strategic focus, alongside support of the Israeli economy during the warResponsible credit growth reflected in excellent credit quality metrics: NPL ratio among the lowest in the banking system – 040%, and a low loan loss expense ratio of only 0.12%Total capital return (cash dividend and share buyback) amounts to approx. NIS 1.3 billion ($411 million) – the highest in the banking systemDeposits from the public: increased by 16.5% compared to the corresponding quarter last yearRobust financial indicators: CET1 ratio of 11.74%, total capital ratio of 14.07%, and liquidity coverage ratio of 117%TEL AVIV, Israel, May 19, 2026 /PRNewswire/ -- Bank Leumi (TASE: LUMI) published today its financial statements for Q1 2026: