Bank Leumi Le Israel (BLMIF) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.297 Good day, everyone, and thank you for joining Bank Leumi's conference call for the first 00:00:05.297 -- 00:00:07.898 quarter of 2026. 00:00:07.900 -- 00:00:13.025 Joining me today are Mr. Hanan Friedman, President and CEO, and Ms. 00:00:13.025 -- 00:00:17.550 Chagit Argov, CFO and Head of the Finance Division. 00:00:17.550 -- 00:00:22.636 The presentation accompanying this call is available on the Bank's Investor Relations 00:00:22.636 -- 00:00:28.769 website. At the conclusion of the presentation, we will have a Q&A session. 00:00:28.769 -- 00:00:33.754 Before we begin, I would like to remind you that the conference call may include forward-looking 00:00:33.754 -- 00:00:38.058 statements, while actual results may be different. 00:00:38.058 -- 00:00:43.163 I would also refer you to the disclaimer on slide two, which applies equally to 00:00:43.163 -- 00:00:48.067 this call. I will now hand it over to Mr. Hanan Friedman. 00:00:48.067 -- 00:00:50.868 Hanan, go ahead. 00:00:51.811 -- 00:00:56.035 Good afternoon. Good morning for those who join us from the U.S., and thank you for joining 00:00:56.035 -- 00:01:02.330 Ben-Kloumi's conference call. on the financial results for the first quarter of 2026. 00:01:02.573 -- 00:01:07.859 We concluded the first quarter with strong results reflected in high profitability 00:01:07.859 -- 00:01:13.486 of 2.3 billion shekels, the highest in the Israeli banking system. 00:01:13.486 -- 00:01:18.713 We also achieved solid growth in both credit and deposits, outpacing the rest 00:01:18.713 -- 00:01:20.915 of the banking system. 00:01:20.915 -- 00:01:26.766 On the lending side, growth was primarily driven by the corporate segment 00:01:26.766 -- 00:01:31.991 while deposit growth was particularly strong ...