Bank Leumi concludes Q2 2025 with strong results: Net income of approx. NIS 2.6 billion ($774 million) and ROE of 16.2%; Distribution of a 50% dividend
Bank Leumi (OTC:BLMIF) reported strong Q2 2025 results with net income of NIS 2.6 billion ($774 million), representing a 15% increase year-over-year. The bank achieved a return on equity of 16.2% and maintained an impressive efficiency ratio of 26.9%. Key highlights include a 50% dividend distribution totaling NIS 1.3 billion ($386 million), comprising NIS 979 million in cash and NIS 326 million in share buybacks.
The bank demonstrated solid growth with a 5.7% increase in loan portfolio and 7.7% growth in public deposits during Q2. Loan quality remained exceptional with an NPL ratio of just 0.43%. Financial indicators remained robust with a Tier 1 capital ratio of 12.3% and liquidity coverage ratio of 130%. The bank also implemented various relief initiatives during Operation "Rising Lion" at an estimated cost of NIS 85 million.
Bank Leumi (OTC:BLMIF) ha registrato solidi risultati nel 2° trimestre 2025 con utile netto di 2,6 miliardi di NIS (774 milioni di $), pari a un aumento del 15% su base annua. La banca ha raggiunto un rendimento del capitale (ROE) del 16,2% e ha mantenuto un'impressionante incidenza dei costi del 26,9%. Tra i punti salienti vi è una distribuzione di dividendi del 50% per un totale di 1,3 miliardi di NIS (386 milioni di $), comprensivi di 979 milioni di NIS in contanti e 326 milioni di NIS in riacquisti di azioni.
La banca ha mostrato una crescita solida con un aumento del portafoglio crediti del 5,7% e una crescita dei depositi pubblici del 7,7% nel trimestre. La qualità dei prestiti è rimasta eccellente con un rapporto di crediti deteriorati (NPL) di appena lo 0,43%. Gli indicatori patrimoniali sono risultati robusti con un coefficiente Tier 1 del 12,3% e un Liquidity Coverage Ratio del 130%. La banca ha inoltre attuato varie misure di sollievo durante l'Operazione "Rising Lion" con un costo stimato di 85 milioni di NIS.
Bank Leumi (OTC:BLMIF) presentó sólidos resultados en el 2T de 2025 con un beneficio neto de 2,6 mil millones de NIS (774 millones de $), lo que supone un aumento del 15% interanual. El banco logró una rentabilidad sobre recursos propios del 16,2% y mantuvo una destacada ratio de eficiencia del 26,9%. Entre los puntos clave figura una distribución de dividendos del 50% por un total de 1,3 mil millones de NIS (386 millones de $), que incluye 979 millones de NIS en efectivo y 326 millones de NIS en recompras de acciones.
La entidad mostró un crecimiento sólido con un aumento del 5,7% en la cartera de préstamos y un crecimiento del 7,7% en los depósitos públicos durante el trimestre. La calidad crediticia se mantuvo excepcional con una ratio de NPL de solo el 0,43%. Los indicadores financieros se mantuvieron robustos, con un ratio de capital Tier 1 del 12,3% y un ratio de cobertura de liquidez del 130%. El banco también implementó diversas iniciativas de alivio durante la Operación "Rising Lion", por un coste estimado de 85 millones de NIS.
Bank Leumi (OTC:BLMIF)는 2025년 2분기에 순이익 NIS 2.6 billion ($774 million)을 기록해 전년 동기 대비 15% 증가한 견조한 실적을 발표했습니다. 은행은 자기자본이익률(ROE) 16.2%를 달성했으며 효율성 비율 26.9%를 유지했습니다. 주요 내용으로는 총액 NIS 1.3 billion ($386 million)에 달하는 50% 배당 지급이 있으며, 이 중 NIS 979 million은 현금, NIS 326 million은 자사주 매입으로 구성됩니다.
은행은 2분기 동안 대출 포트폴리오 5.7% 증가와 공공 예금 7.7% 증가로 견실한 성장을 보였습니다. 대출 건전성은 부실채권 비율(NPL)이 단지 0.43%로 매우 양호했습니다. 재무 지표도 견고해 Tier 1 자본비율 12.3%와 유동성 커버리지 비율(LCR) 130%를 기록했습니다. 또한 은행은 작전 기간 동안 다양한 지원 조치를 시행했으며, 이로 인한 추정 비용은 NIS 85 million입니다. (Operation "Rising Lion")
Bank Leumi (OTC:BLMIF) a publié de solides résultats pour le 2e trimestre 2025 avec un bénéfice net de NIS 2,6 milliards (774 millions $), soit une hausse de 15% en glissement annuel. La banque a atteint un rendement des capitaux propres (ROE) de 16,2% et a maintenu un ratio d'efficacité remarquable de 26,9%. Les faits marquants incluent une distribution de dividendes de 50% totalisant NIS 1,3 milliard (386 millions $), comprenant NIS 979 millions en numéraire et NIS 326 millions en rachats d'actions.
La banque a affiché une croissance soutenue avec une augmentation de 5,7% du portefeuille de prêts et une croissance de 7,7% des dépôts publics au cours du trimestre. La qualité des prêts est restée exceptionnelle, avec un ratio de NPL de seulement 0,43%. Les indicateurs financiers sont restés robustes, avec un ratio de fonds propres Tier 1 de 12,3% et un ratio de couverture de liquidité de 130%. La banque a également mis en place diverses mesures de soutien pendant l'opération "Rising Lion", pour un coût estimé à NIS 85 millions.
Bank Leumi (OTC:BLMIF) meldete starke Ergebnisse für das 2. Quartal 2025 mit einem Nettogewinn von NIS 2,6 Milliarden (774 Millionen $), was einem Anstieg von 15% gegenüber dem Vorjahr entspricht. Die Bank erzielte eine Eigenkapitalrendite von 16,2% und hielt eine beeindruckende Effizienzquote von 26,9% aufrecht. Zu den Highlights zählt eine Dividendenverteilung von 50% in Höhe von NIS 1,3 Milliarden (386 Millionen $), bestehend aus NIS 979 Millionen in bar und NIS 326 Millionen durch Aktienrückkäufe.
Die Bank zeigte solides Wachstum mit einer 5,7%igen Zunahme des Kreditportfolios und einem 7,7%igen Anstieg der öffentlichen Einlagen im Quartal. Die Kreditqualität blieb hervorragend mit einer NPL-Quote von nur 0,43%. Die Finanzkennzahlen blieben robust mit einer Tier-1-Kapitalquote von 12,3% und einer Liquidity Coverage Ratio von 130%. Die Bank setzte zudem verschiedene Entlastungsmaßnahmen während der Operation "Rising Lion" um; die geschätzten Kosten beliefen sich auf NIS 85 Millionen.
- Net income increased 15% YoY to NIS 2.6 billion ($774 million)
- Strong ROE of 16.2%, up from 15.9% in Q2 2024
- Exceptional efficiency ratio of 26.9%, improved from 28.7% YoY
- 50% dividend payout ratio with combined cash dividend and share buyback
- Very low NPL ratio of 0.43%, among the lowest in the banking system
- Corporate loan portfolio grew 15.4% YoY
- Total deposits increased 10.5% YoY
- Loan loss expenses increased to NIS 278 million in H1 2025, up 36.3% YoY
- Non-interest income declined 27.7% in H1 2025 compared to H1 2024
- Total capital ratio slightly decreased to 14.86% from 15.04% YoY
- Dividend rate will increase to
50% of the net income for the quarter – totalingNIS 1.3 billion ($386 million NIS 1 billion ($297 million - Leumi continues to present a low and solid efficiency ratio – among the best in the global financial system:
26.9% - Responsible growth in the loan portfolio and deposits by the public in Q2 2025:
5.7% and7.7% respectively - Loan portfolio quality: NPL ratio among the lowest in the banking system – only
0.43% - Robust financial indicators: Tier 1 capital ratio of
12.3% , total capital ratio of14.9% and liquidity coverage ratio of130%
Net income in the second quarter of 2025 amounted to approx.
Return on equity in the second quarter of 2025 was
The efficiency ratio in Q2 2025 was
Dividend in Q2 2025 amounts to
Responsible growth in the loan portfolio in strategic segments: The Bank continues to focus its growth in the credit portfolio in the corporate, commercial and mortgage segments. In Q2 2025, the credit portfolio grew by
Loan portfolio quality: Alongside a high increase in the loan portfolio, the Bank continues to present a high-quality loan portfolio. The NPL ratio continues to be among the lowest in the banking system, standing at
Deposits by the public increased by
High capital adequacy: Common equity tier 1 capital ratio as at June 30, 2025 was
Liquidity coverage ratio as at June 30, 2025 was
The Bank's initiatives due to the war: The Bank implemented many initiatives for the benefit of the general public and its customers, including a series of unique benefits for IDF soldiers and reservists, households whose homes or properties have been damaged and have been evacuated, business owners and self-employed.
These initiatives are part of Leumi's policy to expand the Bank of
The updated financial relief to eligible customers includes, among others: reimbursement of IDF reserve soldiers, deferral of mortgage and loan payments without being charged interest, reduction or exemption from interest charges on a negative balance in the current account (overdraft), providing interest on a positive balance in the current account, exemption from common current account fees and more.
In addition, since the outbreak of the war, the Bank made substantial donations for the benefit of residents of the confrontation lines, IDF soldiers - both on active and reserve duty, hospitals and first responder and aid organizations. The Bank also joined the national effort for rescuing Israelis that were stuck abroad during Operation "Rising Lion", by chartering a passenger ship to bring Israelis back home from
The total cost of relief and donations in Q2 2025 is estimated at
Development of Balance Sheet Items:
Shareholders' equity as at June 30, 2025 totaled
Net credit to the public as at June 30, 2025 totaled
Housing loans (mortgages) as at June 30, 2025 totaled
Credit to retail customers as at June 30, 2025 totaled
Credit to small businesses as at June 30, 2025 totaled
Middle-market credit as at June 30, 2025 totaled
Corporate credit as at June 30, 2025 totaled
Deposits by the public as at June 30, 2025 totaled
Deposits by retail customers as at June 30, 2025 totaled
Deposits by small businesses as at June 30, 2025 totaled
CET1 capital ratio as at June 30, 2025 was
Total capital ratio as at June 30, 2025 was
Leumi Group - Key Financials | ||||
Profit and Profitability (in NIS millions) | ||||
For the three months | Change in | Change in % | ||
2025 | 2024 | |||
Net Interest income | 4,540 | 4,378 | 162 | 3.7 |
Loan loss expenses (income) | 223 | (18) | 241 | |
Non-interest income | 1,446 | 1,365 | 81 | 5.9 |
Operating and other expenses | 1,610 | 1,651 | (41) | (2.5) |
Profit before tax | 4,153 | 4,110 | 43 | 1.0 |
Provision for tax | 1,623 | 1,340 | 283 | 21.1 |
Profit after tax | 2,530 | 2,770 | (240) | (8.7) |
The Bank's share in profits (losses) of associates | 80 | (501) | 581 | |
Net income attributable to the bank's shareholders | 2,610 | 2,269 | 341 | 15.0 |
Return on equity (%) | 16.2 | 15.9 | ||
Earnings per share (NIS) | 1.74 | 1.49 | ||
For the six months | Change in | Change in % | ||
2025 | 2024 | |||
Net Interest income | 8,557 | 8,145 | 412 | 5.1 |
Loan loss expenses | 278 | 204 | 74 | 36.3 |
Non-interest income | 2,814 | 3,893 | (1,079) | (27.7) |
Operating and other expenses | 3,341 | 3,476 | (135) | (3.9) |
Profit before tax | 7,752 | 8,358 | (606) | (7.3) |
Provision for tax | 2,915 | 2,843 | 72 | 2.5 |
Profit after tax | 4,837 | 5,515 | (678) | (12.3) |
The Bank's share in profits (losses) of associates | 176 | (461) | 637 | |
Net income attributable to the bank's shareholders | 5,013 | 5,054 | (41) | (0.8) |
Return on equity (%) | 15.8 | 18.0 | ||
Earnings per share (NIS) | 3.34 | 3.32 | ||
Development of Balance Sheet Items (in NIS millions) | |||
As at June 30 | Change in % | ||
2025 | 2024 | ||
Net loans to the public | 489,227 | 433,799 | 12.8 |
Deposits by the public | 642,253 | 581,187 | 10.5 |
Shareholders' equity | 65,535 | 58,435 | 12.2 |
Total assets | 844,333 | 734,039 | 15.0 |
Principal Financial Ratios (%) | ||
As at June 30 | ||
2025 | 2024 | |
Net loans to the public to total assets | 57.9 | 59.1 |
Deposits by the public to total assets | 76.1 | 79.2 |
Total equity to risk assets | 14.86 | 15.04 |
Tier 1 capital to risk assets | 12.28 | 12.04 |
Leverage ratio | 6.98 | 6.99 |
Liquidity coverage ratio | 130 | 130 |
The data in this press release has been converted into US dollars solely for convenience purposes, at the representative exchange rate published by the Bank of
Conference Call Details
A conference call for analysts and investors will be held on the same day at 5 PM (
To access the conference call please use one of the numbers below (no passcode required):
Israel | 03-918-0610 |
UK | 0-800-917-9141 |
US & Canada | 1-866-527-8676 |
All other locations | +972-3-918-0610 |
Please allow sufficient time for registration.
The conference call and webcast will make use of a presentation which will be published on the day of the publication of the Financial Results on the Israeli Securities Authority reporting website (MAGNA) and on the Leumi website under Investor Relations.
An archived recording of the webcast will be available on the Leumi website one business day after the publication of results.
For more information visit the investor relations page on our website or contact Michael Klahr, VP, Head of Investor Relations, at investorrelations@bankleumi.co.il
The conference call and webinar does not replace the need to review the latest periodic/quarterly reports containing full information, including forward-looking information, as defined in the Israeli Securities Law, and set out in the aforementioned reports.
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