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Financial Statements

Financial Statements Q1 2008

March 31st, 2008

Financial Statements of the Leumi Group for the first quarter of 2008:

Net Profit of NIS 470 ($132.3 million) for Leumi in the first quarter of 2008

  • Net return on equity in the first quarter: 9.8% (on an annual basis)
  • Net operating profit amounted to NIS 472 million ($132.8 million)
  • Net interest income grew by 9.3% and amounted to NIS 1.96 billion (%551.6 million)
  • Leumi's capital adequacy ratio is at 11.77% (Tier I Capital: 7.73%)
  • Financial assets under the Group's management, balance sheet and off-balance sheet, amounted to NIS 731 billion ($205.7 billion)