Bank Leumi Reports Strong Q1 2025 Earnings

Bank Leumi Le-Israel Ltd ( (BLMIF) ) has released its Q1 earnings. Here is a breakdown of the information Bank Leumi Le-Israel Ltd presented to its investors.

Bank Leumi Le-Israel Ltd, a prominent financial institution in Israel, operates in the banking sector, providing a wide range of financial services including corporate, commercial, and mortgage lending.

In its latest financial report for the first quarter of 2025, Bank Leumi reported a net income of NIS 2.4 billion ($646 million), marking a 12% increase from the previous year. The bank’s return on equity stood at 15.4%, reflecting its strong financial performance.

Key highlights from the report include a robust loan portfolio with a low non-performing loan ratio of 0.51% and a troubled debt rate of 1.39%. The bank’s capital return for the quarter was NIS 961 million ($258 million), with significant contributions from cash dividends and share buybacks. Additionally, the bank maintained a high liquidity coverage ratio of 124% and a Tier 1 capital ratio of 12.15%.

Bank Leumi’s strategic focus on expanding its credit portfolio in corporate, commercial, and mortgage segments resulted in a 1.6% growth since the start of the year. Despite geopolitical uncertainties, the bank’s loan loss expenses decreased significantly, showcasing improved credit quality.

Looking ahead, Bank Leumi remains committed to responsible growth and maintaining its strong financial position, while continuing to support its customers and the broader community through various initiatives and relief programs.