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Bank of America Upgrades Leumi Shares Citing Strong Q2 Results and Resilient Margins

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Maariv · 6 hours ago

What happened

Bank of America upgraded Bank Leumi to a buy with a 24% premium target after the bank posted a strong Q2 net profit of 2.8 billion shekels and resilient margins. Analysts praised Leumi's efficient operations, credit growth, and capital strength, projecting continued attractive returns for shareholders.

01Bank of America upgrades Bank Leumi shares to buy with a 93.5 shekel target price.
02Bank Leumi reports Q2 net profit of 2.8 billion shekels and 16.3% return on equity.
03Credit to the public grew 9% in H1 2026, led by business lending.
04Net interest margin remained resilient with real financial income improving year-over-year.
05Fee income grew 9% annually, supporting overall revenue growth.
06Discount Bank's net profit rose to 1.2 billion shekels but plans lower dividends than peers.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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