Bank Leumi Le-israel B.m. · TASE:LUMI
Bank Leumi Le-israel B.m — Q3 2025 Earnings Presentation
18 slides from Bank Leumi Le-israel B.m's earnings presentation, November 2025
Slide 1: Bank Leumi Financial Results Presentation Q3 2025
Bank Leumi Financial Results Presentation Q3 2025 1 1
Slide 2: Disclaimer
Disclaimer This document and the information contained herein - 1. Has been prepared by Bank Leumi le-Israel B.M. (the “Bank”) solely for the purpose of presenting the Bank’s business; 2. Does not purport to be all-inclusive or to contain all the information that may be relevant in making any decisi
Slide 3: Bank Leumi: Power numbers 3Q 2025
Bank Leumi: Power numbers 3Q 2025 Robust Profitability Strong Return on Equity Increasing Capital return portfolio portfolio portfolio Net Profit 2.7 NIS Bn Reported ROE 16.3% Capital NIS return 2.0 Bn +17.7% YoY Normalized 19.0% ROE* 75% Payout Ratio Continued Growth Best in Class Efficiency Solid
Slide 4: Strategic targets: On track to deliver targets
Strategic targets: On track to deliver targets Financial targets for 25-26 1-9/25 CET1 Leverage Ratio Net Profit NIS 9-11 Bn per year NIS 7.7 Bn ROE 15%-16%* 16% Credit growth 8%-10% 8.8% YTD Capital return Minimum 50%* 56% Capital return = cash dividend and share buyback * ROE and Capital Return ta
Slide 5: Israeli Economy: Strong and Resilient
Israeli Economy: Strong and Resilient GDP (Real GDP Growth) Inflation close to higher end of BOI range (inflation Evolution) Israel OECD 9.3% 6.2% 6.4% 5.3% 4.7% 3.2% 3.2% 2.8% 3.0% 2.6% 2.5% 2.4% 2.1% 1.8% 1.0% 1.8% 1.4% 1.5% 2021 2022 2023 2024 2025E 2026E 2021 2022 2023 2024 2025E 2026E Strong la
Slide 6: Strong underlying performance
Strong underlying performance Key financial metrics 3Q 2025 9M2025 FY 2024 Net Income 2,700 7,713 9,798 ROE 16.3% 16.0% 16.9% Cost Income Ratio 27.0% 28.6% 29.9% Credit Loss Expenses 0.03% 0.09% 0.16% Q - o-Q YTD Y-o-Y Net Loan Growth 1.3% 8.8% 8.6% Q - o-Q YTD Y-o-Y BVPS Growth 2.7% 9.8% 14.6% Y -
Slide 7: Q3 25 vs. Q3 24 – Breakdown of Income and Expenses
Q3 25 vs. Q3 24 – Breakdown of Income and Expenses Finance Income Operating and Other Expenses Finance Income 9M 2025 vs 9M 2024 Finance Income 9M 2025 vs 9M 2024 10.5% 4,971 4,499 (6.2%) Q3 2024 Q3 2025 1,716 CPI 1.6% CPI 1.4% 1,609 NIM 2.73% 4,545 4,471 NIM 2.37% 1,048 960 (46) 500 668 649 Q3 2024
Slide 8: 9M 25 vs. 9M 24 – Breakdown of Income and Expenses
9M 25 vs. 9M 24 – Breakdown of Income and Expenses Finance Income Operating Operating and and Other Other Expenses Expenses 13,824 2.9% 14,231 9M 2024 8,557 5,192 8,145 (4.7%) 8,557 8,145 9M 2025 4,950 CPI 3.5% 8,55 8,145 8,55 8,145 CPI 3.0% NIM 2.52% 12,690 13,028 NIM 2.42% 3,275 3,016 1,134 1,917
Slide 9: Growth in fees
Growth in fees 9M 2024 9M 2025 Excluding customers’ support*: 130 +11.4% vs 3Q ’24 3,012 +11.1% vs 9M ’24 2,829 920 780 578 435 443 478 452 480 119 366 390 318 984 977 201 Q3 Q3 9M 9M Financing Account Securities Exchange Credit Cards Other Fees 2024 2025 2024 2025 Transactions Management Transactio
Slide 10: Multi-year decline in cost-income ratio
Multi-year decline in cost-income ratio 57.9% 53.2% Technology-driven efficiency delivered 45.8% a world-class Cost-to-income 37.2% 1,249 ratio 32.6% 29.9% 28.6% 2019 2020 2021 2022 2023 2024 9M 2025 Leumi cost income ratio for 2019 is net of the effect of Leumi Card and for 2019-2022 excludes Leumi
Slide 11: Credit loss expenses
Credit loss expenses Loan Loss Provision 0.28% 0.17% 0.05% 0.19% 0.03% Ratio 312 223 197 55 32 375 385 220 72(0.07%) 106 (0.09%) (23) (17) (63) (74) (162) Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Specific Collective Profitability Credit Quality Growth Solid Capital (NIS Millions) 11
Slide 12: Credit quality indicators continued to improve
Credit quality indicators continued to improve NPLs Troubled Debts Total Provisions Provisions / NPLs 3.3 3.0 1.78% 2.6 1.9 1.54% 1.45% 0.85% 1.34% 6.7 6.9 6.8 5.0 0.49% 0.50% 0.41% 2022 2023 2024 30.9.2025 2022 2023 2024 30.9.2025 2022 2023 2024 30.9.2025 Profitability Credit Quality Growth Solid C
Slide 13: Credit growth in target segments
Credit growth in target segments Total Loans Diversified credit base Other Private 3.7% Individuals 75% Capital Markets 7.6% 6.3% 456 495 385 419 1.3% 343 Mortgages 282 295 8.8% QoQ Real Estate 495.4 31.1% 14.4% Bn NIS Corporate 2022 2023 17.7% 2019 2020 2021 2024 30.9.2025 Small Middle Market Busin
Slide 14: Expanding and diversifying deposit base
Expanding and diversifying deposit base Individual Deposit Diversified deposit base 229.1 225.8 Capital Private 1.4% Markets Individuals 34.1% 35.7% 641 2024 30.9.2025 Bn NIS Corporate Deposits and Loan to Deposits and Real Small Estate 7.9% Commercial Businesses Deposits from the Public Loan / depo
Slide 15: Solid capital and leverage ratios
Solid capital and leverage ratios CET1 Total Capital Ratio Leverage Ratio Minimum Regulatory Target: 10.2% Minimum Regulatory Target: 13.5% Minimum Regulatory Target: 5.5% Internal Target: 10.6%* 14.72% 14.83% 14.87% 14.29% 12.17% 12.33% 11.46% 11.66% 6.65% 6.94% 7.13% 6.36% 2022 2023 2024 Q3 2025 2
Slide 16: Returning capital via dividends and buybacks
Returning capital via dividends and buybacks Capital Return Payout 33% 40% 40% 50% 75% ratio 0.3 0.3 8.2% 0.2 0.2 0.3 0.2 6.0% 5.7% Dividend 5.2% 5.2% 1.0 yield* 0.8 3.9 0.7 0.7 0.7 1.0 1.3 2.0 0.6 1.3 0.5 2.9 1.0 0.3 1.7 0.2 1.5 0.7 1.0 Dividends Buybacks 2023 2024 Q1 2025 Q2 2025 Q3 2025 NIS Billi
Slide 17: Investment highlights
Investment highlights Consistently high and stable Continued growth in net Strong capital position profitability and profits loans in target segments supporting growth and without elevated risk capital return Nearly 90% of our private Ongoing business initiatives: ▪ Market maker appointment customer
Slide 18: Thank you / Q&A
Results presentation Thank you / Q&A 18
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