Bank Leumi proposes second-quarter payout for Bank Leumi stock

Published on 10/09/2026 at 13:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income reached ILS 2.83 billion, up 8.50 percent year on year. The ILS 1.416 billion proposal affects Bank Leumi stock.

Key points in brief

Bank Leumi proposed a second-quarter 2026 distribution capped at ILS 1.416 billion.
Second-quarter net income reached ILS 2.83 billion, up 8.50 percent year on year.
The latest Tel Aviv quote was ILA 7,154.00 on October 9, 2026, within an ILA 6,114.00 to ILA 8,098.00 52-week range.
Simply Wall St reported a price-target increase from ILS 82.65 to ILS 88.87 on September 15, 2026.

Bank Leumi Le- Israel B.m, IL0006046119, Illustration mit AI erstellt.

Bank Leumi Le-Israel B.M. (IL0006046119) had proposed a second-quarter 2026 profit distribution capped at ILS 1.416 billion on August 12, 2026, according to Bank Leumi. The proposal combined an ILS 1.133 billion cash dividend with an ILS 283.00 million share buyback, giving the payout decision a measurable capital-allocation angle.

Three milestones and their figures

On May 19, 2026, Bank Leumi reported first-quarter net income of ILS 2.3 billion. On June 3, 2026, the bank completed a USD 1.00 billion overseas CoCo bond issuance, also described by Bank Leumi as its lowest spread for an Israeli bank issuance. The current milestone came on August 12, 2026, when second-quarter net income reached ILS 2.83 billion.

What supports the payout?

The second-quarter figures show why the distribution was substantial. Bank Leumi reported a 16.30 percent return on equity, a 24.70 percent cost-income ratio and 3.40 percent credit growth to ILS 567.0 billion. Nonperforming loans stood at 0.45 percent, while the common equity tier one ratio was 11.65 percent against a 10.23 percent regulatory target.

Simply Wall St reported on September 15, 2026 that the average target from three analysts rose from ILS 82.65 to ILS 88.87, a 7.52 percent increase. Against the latest TASE quote of ILS 71.54 after converting ILA 7,154.00, that target stands 24.22 percent above the quoted share value.

Stock remains below yearly high

The latest available Tel Aviv Stock Exchange quote was ILA 7,154.00 on October 9, 2026 at 1:49 p.m. IDT. The ILA 6,114.00 to ILA 8,098.00 52-week range places the quote 11.66 percent below the high and 17.01 percent above the low, while the finance quote showed a market capitalization of ILS 105.3 billion.