- Bank Leumi (BLMIF, Financial) reported a Q1 2025 net income of NIS 2.4 billion ($646 million), marking a 12% year-over-year increase.
- The bank announced a capital return of NIS 961 million ($258 million), comprising 40% of its net income through dividends and share buybacks.
- Bank Leumi's loan portfolio remains robust, with an NPL ratio of 0.51% and troubled debts ratio of 1.39%.
Bank Leumi (BLMIF) has revealed strong financial results for the first quarter of 2025, achieving a net income of NIS 2.4 billion ($646 million). This represents a 12% increase compared to the same period last year, excluding any one-off gains. The bank maintained a healthy return on equity at 15.4% during Q1 2025.
The bank announced a capital return to shareholders totaling NIS 961 million ($258 million). This includes a cash dividend of NIS 721 million ($194 million) and a share buyback, together accounting for 40% of the quarter's net income.
Underlining its financial stability, Bank Leumi's loan portfolio quality remains exemplary, with a non-performing loan (NPL) ratio of 0.51% and the ratio of troubled debts at 1.39%. The credit portfolio saw an overall growth of 1.6% since the beginning of the year. Notably, corporate lending was up by 4.2%, commercial loans increased by 0.8%, and the mortgage portfolio grew by 1.2%.
The bank's capital ratios stayed strong with the Tier 1 capital at 12.15% and the total capital ratio at 14.83%. Additionally, the liquidity coverage ratio was reported at 124% as of March 31, 2025.
Amid ongoing geopolitical tensions, Bank Leumi has extended support to affected communities through various relief programs. These efforts, estimated to have cost NIS 428 million ($115 million), include mortgage payment deferrals, fee exemptions, and interest benefits, alongside substantive donations to impacted areas.
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