Bank Leumi Le-Israel B.M.

Tel Aviv Stock Exchange LUMI.TA

Bank Leumi Le-Israel B.M. Operating Income for the year ending December 31, 2023: USD 4.17 B

Bank Leumi Le-Israel B.M. Operating Income is USD 4.17 B for the year ending December 31, 2023, a 34.72% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.
  • Bank Leumi Le-Israel B.M. Operating Income for the year ending December 31, 2022 was USD 3.10 B, a 4.12% change year over year.
  • Bank Leumi Le-Israel B.M. Operating Income for the year ending December 31, 2021 was USD 2.97 B, a 173.90% change year over year.
  • Bank Leumi Le-Israel B.M. Operating Income for the year ending December 31, 2020 was USD 1.09 B, a -30.50% change year over year.
  • Bank Leumi Le-Israel B.M. Operating Income for the year ending December 31, 2019 was USD 1.56 B, a 19.23% change year over year.
Key data
Date Operating Income EBIT EBITDA Net Income
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Tel Aviv Stock Exchange: LUMI.TA

Bank Leumi Le-Israel B.M.

CEO Mr. Hanan Shmuel Friedman
IPO Date Dec. 31, 2007
Location Israel
Headquarters 24-32 Yehuda Halevi Street
Employees 7,893
Sector Finance
Industries
Description

Bank Leumi le-Israel B.M., together with its subsidiaries, provides banking and financial services in Israel, the United States, the United Kingdom, and internationally. It operates through Households, Private Banking, Micro Businesses, Small Businesses, Mid-market, Corporations, Institutional Entities, and Financial Management segments. It provides housing loans, collateral loans, and loans to purchasing groups, including mortgage planning, accompanying the customer through the mortgage process, and recycling existing loans; and working capital, acquisitions, and term loans, as well as credit lines; financial support to Israeli high-tech companies; equipment lease financing; credit cards; and online banking services, as well as wealth and cash management services. The company also offers international trade financing, loan syndications and participations, foreign currency time deposits, and dealing room services. In addition, it provides provident funds, mutual funds, study funds, pension funds, and insurance products; invests in marketable securities, market-making activity involving securities and derivatives, repurchase and lending transactions involving securities, short selling of securities, and securities' underwriting services; engages in asset and liability management activities; and provides trust and custodial services for banks. Further, the company engages in the activities, such as advisory services, sale and management of loan portfolios, and development of financial products. Additionally, it provides banking services to private customers and small businesses, largest and multinational corporations, and middle-market companies, as well as financial services to institutional customers and foreign banks. The company operates approximately 250 branches. Bank Leumi le- Israel B.M. was founded in 1902 and is headquartered in Tel Aviv-Yafo, Israel.

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StockViz Staff

January 15, 2025

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