In order to bring you the best possible user experience, this site uses Javascript. If you are seeing this message, it is likely that the Javascript option in your browser is disabled. For optimal viewing of this site, please ensure that Javascript is enabled for your browser.

Financial Statements

The Leumi Group's Q1/09 Financial Statements

May 31th, 2008

Net profit of NIS 429 million ($102.4 million) for Leumi in the first quarter of 2009

Net return on equity: 9.7% (on an annual basis)


Net profit amounted to NIS 429 million ($102.4 million)

  • Net return on equity in the first quarter of 2009: 9.7% (on an annual basis)
  • The capital adequacy ratio reached 11.90%, of which Tier I Capital is 7.73%.
  • Reduction of 12.8% in operating and other expenses, to NIS 1,564 million ($373.4 million), mainly as a result of a decrease in salary expenses
  • In the last month, in order to improve the capital adequacy ratio, the Bank issued subordinated capital notes of different types, in the amount of some NIS 2.5 billion