Bank Leumi le-Israel B.M. Records Net Income of NIS 7 Billion in FY 2023

Tuesday, 19 March 2024, 14:38

Bank Leumi le-Israel B.M. has announced its financial results for the fiscal year 2023, revealing a GAAP EPS of NIS 4.58. The company reported a net income of approximately NIS 7 billion ($1.93 billion). However, there was a decrease in return on equity compared to the previous year, signaling a potential area for improvement.
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Bank Leumi le-Israel B.M. Records Net Income of NIS 7 Billion in FY 2023

Bank Leumi le-Israel B.M. FY 2023 Results

Bank Leumi concludes 2023 with a net income of approximately NIS 7 billion ($1.93 billion). The GAAP EPS for the year stands at NIS 4.58, indicating the company's financial performance.

Despite the positive net income, there was a decline in the return on equity compared to the previous year, suggesting areas that may require attention and improvement in the future.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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