Bank Leumi Reports Strong Second Quarter Results
Bank Leumi announced a net income of approximately $940 million and a Return on Equity (ROE) of 16.3% for the second quarter. The bank's efficiency ratio stood at 24.7%.
Bank Leumi has reported strong financial results for the second quarter of 2026. The bank posted a net income of approximately $940 million (NIS 2.8 billion), with its Return on Equity (ROE) reaching 16.3%.
The bank's efficiency ratio was recorded at 24.7%, which it states is the best in Israel. This represents a significant improvement from the 29.1% reported in the previous quarter, attributed to the ongoing execution of Leumi's technology leadership and AI strategy.
In the second quarter, the bank returned approximately NIS 1.4 billion to shareholders through a combination of cash dividends and share buybacks.
While no future projections were provided, Bank Leumi emphasized its continued commitment to strategic implementation and enhancing operational efficiency.