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Bank Leumi Reports 2.8 Billion Shekel Net Profit in Q2 2026 with Strong Credit Growth
Bank Leumi reported a net profit of 2.8 billion shekels in Q2 2026, driven by strong credit growth and operational efficiency. The bank's return on equity reached 16.3%, with credit portfolio growth surpassing targets and maintaining high credit quality.
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What happened
- 01Bank Leumi's Q2 2026 net profit rose 8.5% to about 2.8 billion shekels.
- 02Return on equity reached 16.3%, adjusted ROE at 17.9% excluding special tax.
- 03Credit portfolio grew 9% year-to-date, with business credit up 14%.
- 04Efficiency ratio improved to 24.7%, best in Israel and globally.
- 05Dividend and share buybacks totaled 1.4 billion shekels, 50% of net profit.
- 06Capital adequacy and liquidity ratios remained strong as of June 30, 2026.
Deposits and capital ratios remained robust, supporting the bank's strategic goals.
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