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Economy04:52 · Aug 12Compare full coverage across 5 outlets

Bank Leumi Reports Record Quarterly Profit of 2.83 Billion Shekels in Israel

By שקד גרין ערבה
Translated & summarized from Calcalist by baba
Bank Leumi Reports Record Quarterly Profit of 2.83 Billion Shekels in Israel
Editorial illustration generated by baba News — not a photograph of the event.
The story · English

Bank Leumi announced a record profit for the second quarter, reaching 2.83 billion shekels. This represents an 8.5% increase compared to the same quarter last year. The bank's return on equity was 16.3%, slightly up from 16.2% in the previous year. Bank Leumi plans to distribute 50% of its profits, totaling 1.4 billion shekels, with 1.13 billion shekels paid out as a cash dividend.

Read the original at Calcalist
Full coverage · 5 outlets
67% centerFirst: Globes · Aug 11

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