Bank Leumi Le-israel B.m. · TASE:LUMI

Bank Leumi Le-israel B.m — Q1 2022 Earnings Presentation

13 slides from Bank Leumi Le-israel B.m's earnings presentation, Mar 31, 2022

  1. Slide 1: March 31, 2022 Financial Results Presentation

    MARCH 31, 2022 FINANCIAL RESULTS PRESENTATION

  2. Slide 2: Disclaimer

    The conference call does not replace the need to review the latest periodic/quarterly reports in which full information is contained, including forward looking information, as defined in the Israeli Securities Law, and set out in the aforementioned reports. DISCLAIMER This document and the informati

  3. Slide 3: Macroeconomic Factors and Indicators

    Macroeconomic Factors and Indicators IMF - GDP Forecasts for 2022 BOI - GDP, Rate of Change, Real Terms 8.2% Resilient Recovery from COVID-19 in Israel 5.5% 8.2 3.8% 7.4 7.0 5.7 5.0 5.0 4.7 4.6 4.2 3.9 4.0 3.7 3.7 2.9 2.8 3.0 (2.2%) 2.4 2.5 2.1 1.6 2019 2020 2021 F2022* Unemployment**, Age Group 15+

  4. Slide 4: Core Business Continues to Improve - Key Financial Metrics

    Core Business Continues to Improve - Key Financial Metrics Q1 2022 Q1 2021 Annual 2021 Net Income (NIS millions) 1,609 1,340 6,028 ROE 15.6% 14.2% 15.0% Cost / Income Ratio 46.6% 49.4% 46.8% Credit Loss (Income) (0.04%) (0.28%) (0.25%) Expense Ratio PPNR / Average Assets* 1.3% 1.4% 1.4% ROA 1.0% 1.0

  5. Slide 5: Q1 2021 vs. Q1 2022 – Breakdown of Income and Expenses

    Q1 2021 vs. Q1 2022 – Breakdown of Income and Expenses Finance Income Operating and Other Expenses 2,913 4.4% 2.4% 2,789 2,899 1,839 1,794 2,348 1,078 1,005 23.5% Q1 2021 Q1 2022 CPI 0.1% CPI 1.2% NIM 1.90% NIM 1.96% 761 789 441 14 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Net Interest Income Non-interest Fin

  6. Slide 6: Monitoring our Loan Portfolio in Light of COVID-19

    Monitoring our Loan Portfolio in Light of COVID-19 Loan Loss Provisions (NIS millions, as % of Loans to the Public)* Loan Loss Expenses -0.04% 1.76% 1.36% 5,290 1.30% -0.28% 4,803 1.16% 4,512 124 3,328 -43 -169 -164 Q4 2019 Q4 2020 Q4 2021 Q1 2022 Q1 2021 Q1 2022 Specific Collective CECL- The Bank a

  7. Slide 7: Robust and Conservative Credit Portfolio

    Robust and Conservative Credit Portfolio NPL Ratio Total Provision to NPL* 189% 174% 1.15% 155% 152% 0.75% 0.75% 0.76% 2019 2020 2021 Q1 2022 2019 2020 2021 Q1 2022 *Loan loss Provision divided by Non Performing Loans 7

  8. Slide 8: Fees and Commissions Performance Year-over-Year

    Fees and Commissions Performance Year-over-Year 7.1% 930 868 219 199 197 165 157 162 158 145 120 98 94 84 Q1 Q1 Securities Financing Account Exchange Credit Cards Other Fees 2021 2022 Transactions Transactions Management Differentials Q1 2021 Q1 2022 (NIS Millions) 8

  9. Slide 9: Consistent Improvement in Operating Efficiency

    Consistent Improvement in Operating Efficiency Disciplined Cost Structure Improved Efficiency Ratio 2.4% 1,839 1,794 1,078 1,005 Total Salary & Related Expenses 49.4% 6.8% 46.6% Maintenance & Depreciation 761 3.7% 789 Expenses and Others Q1 2021 Q1 2022 Q1 2021 Q1 2022 (NIS Millions) 9

  10. Slide 10: Loan Growth Continues in Line with Strategy

    Loan Growth Continues in Line with Strategy Total Middle-Market 7.6% 9.7% 349.8 56.4 325.0 51.4 *31.12.2021 31.3.2022 31.12.2021 31.3.2022 Mortgages Corporate 4.2% 11.2% 108.9 94.6 104.5 85.1 31.12.2021 31.3.2022 31.12.2021 31.3.2022 (NIS Billions) Corporate includes Corporate and Real-Estate *Exclu

  11. Slide 11: Solid and Diverse Deposit Base. Conservative, Well-funded Portfolio

    Solid and Diverse Deposit Base. Conservative, Well-funded Portfolio 600.0 515 517 500.0 Loans to Deposits from the Public March 31, 2022 437 Deposits Ratio 68% 400.0 Retail 1% Small Businesses 300.0 27% 36% Commerical 200.0 Corporate & Real Estate 8% 18% 10% Capital Markets 100.0 Subsidiaries 0.0 31

  12. Slide 12: Solid Capital and Leverage Ratios

    Solid Capital and Leverage Ratios CET1 Total Capital Ratio Minimum internal Minimum regulatory threshold: 10.50% requirement: 13.50% 11.88% 15.67% 15.58% 11.87% 11.50% 10.78% 14.21% 13.50% 12.50% 13.54% 10.27% 9.23% 10.19% 13.50% 10.19% 13.50% 2019 2020 2021 31.3.2022 2019 2020 2021 31.3.2022 CET1 R

  13. Slide 13: Q&A

    Q&A

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