Bank Leumi reports net profit of NIS 508 million in third quarter

In depth

Bank Leumi published its financial statements for the third quarter of 2026 and reported a net profit of NIS 508 million. The profit is 12.6% lower than in the same quarter last year, and according to the bank, return on equity fell to 13.8% from 16.2% last year.

The return was eroded by lower interest income and narrower margins on deposits. The bank estimates that the special tax levy will cost it 210 to 240 million shekels this year. In the first nine months of the year, net profit totaled NIS 1.57 billion, a decrease of about 10%.

Over the same period, credit to the public grew by 21.9% over the year, to NIS 172 billion. The bank decided to pay shareholders a dividend totaling about NIS 254 million. Further details on the bank's income and expenses have not yet been published.