Bank Leumi Le-Israel reports recurring developments tied to its Israeli banking operations, including quarterly and annual financial results, loan-portfolio growth, deposit trends, credit quality, and efficiency metrics. Company updates frequently discuss activity in corporate, commercial, and mortgage lending, as well as nonperforming-loan ratios, loan-loss expenses, capital adequacy, and liquidity coverage.
News for BLMIF also covers capital-return actions such as cash dividends and share buybacks, investor conference calls, and presentation materials released alongside financial statements through Israeli market reporting channels.
Bank Leumi will announce its Q4 and Annual 2020 financial results on March 9, 2021. The results call will be hosted by Hanan Friedman, President & CEO, and Omer Ziv, EVP & CFO, at 5 PM Israel time, 3 PM UK, and 10 AM ET. Dial-in numbers for various locations, including Israel, the UK, and the US, have been provided. A presentation accompanying the results will be published on the Israeli Securities Authority reporting website and Bank Leumi's Investor Relations page. Archived recordings will be available the next business day.
Bank Leumi reported a net income of NIS 694 million ($200 million) for Q2 2020, down from NIS 923 million ($266 million) in Q2 2019. In H1 2020, net income was NIS 462 million ($133 million), a decrease attributed to increased loan loss expenses totaling NIS 1.7 billion ($501 million). However, the bank saw growth in deposits, which rose by 11.5% year-on-year, and a 7.4% increase in its commercial loan portfolio.
Bank Leumi will release its Second Quarter 2020 financial results on Thursday, August 27, 2020. The results call, hosted by Omer Ziv, EVP & CFO, is scheduled for 5 PM Israel time (3 PM UK, 10 AM ET). Dial-in numbers include 03-9180644 for Israel, 0-800-917-5108 for the UK, and 1-866-860-9642 for the US & Canada, with a global number of +972-3-918-0644. A presentation will accompany the call, available on their website. An archived recording will also be accessible post-call.