Bank Leumi Le-Israel BM (XTAE:LUMI) Deferred Tax : ₪-694 Mil (TTM As of Dec. 2023)

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What is Bank Leumi Le-Israel BM Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Bank Leumi Le-Israel BM's change in deferred tax for the three months ended in Dec. 2023 was ₪-210 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was ₪-694 Mil.

Bank Leumi Le-Israel BM Deferred Tax Historical Data

The historical data trend for Bank Leumi Le-Israel BM's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank Leumi Le-Israel BM Deferred Tax Chart

Bank Leumi Le-Israel BM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Deferred Tax

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-595.00

-729.00

422.00

-312.00

-694.00

Bank Leumi Le-Israel BM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Deferred Tax	Get a 7-Day Free Trial															40.00	-125.00	-71.00	-288.00	-210.00

Bank Leumi Le-Israel BM Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪-694 Mil.

Bank Leumi Le-Israel BM Deferred Tax Related Terms

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Bank Leumi Le-Israel BM (XTAE:LUMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Leumi Le-Israel BM (XTAE:LUMI) » Definitions » Deferred Tax

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Traded in Other Exchanges

BLMIF:USA

Address

24-34 Yehuda Halevi Street, Tel Aviv, ISR, 65546

Website

https://www.bankleumi.co.il

Bank Leumi Le-Israel BM is an Israeli banking and financial services company. The products and services offered by the company include consumer loans, mortgages, commercial banking services, and capital market services, among others. The company organizes itself into below operating segments: Banking; Mortgages; Commercial; Corporate banking; Real estate; Capital markets and Others. The company generates the majority of its revenue through the provision of banking and services to private customers and small businesses, and a vast majority of its revenue is earned in Israel.

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