Analysts lift fair value to ILS 90.90 for Bank Leumi stock

Published on 10/26/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 2026 net income was ILS 2.83 billion and ROE 16.30 percent. Bank Leumi stock stood at ILS 74.56 on October 26, 2026, up 0.01 percent on TASE.

Analyst valuation and current figures

Analysts lifted Bank Leumi's fair value from ILS 88.87 to ILS 90.90 on October 15, 2026.
Bank Leumi reported ILS 2.83 billion net income and 16.30 percent ROE for the second quarter of 2026.
Bank Leumi stock stood at ILS 74.56 on October 26, 2026, up 0.01 percent on TASE.

Bank Leumi Le- Israel B.m, IL0006046119, Illustration mit AI erstellt.

Analysts lifted Bank Leumi Le-Israel B.M.'s fair value from ILS 88.87 to ILS 90.90 on October 15, 2026, according to Simply Wall St. The revised valuation is 21.92 percent above the TASE price of ILS 74.56. Bank Leumi stock stood at ILS 74.56 on October 26, 2026 at 5:25 p.m. IDT on TASE, up 0.01 percent on the day.

Second-quarter earnings set the base

Bank Leumi reported ILS 2.83 billion of net income and a 16.30 percent return on equity for the second quarter of 2026, according to the bank's investor-relations materials. The same release reported a 24.70 percent cost-income ratio, credit growth of 3.40 percent and a non-performing loan ratio of 0.45 percent. These figures place profitability and asset quality at the center of the valuation discussion.

Bank Leumi also reported a CET1 ratio of 11.65 percent and a capital surplus of ILS 8.50 billion for the second quarter of 2026. The bank said credit reached ILS 567.00 billion during the period, up 3.40 percent from the previous quarter.

How does the price compare?

The TASE quote placed Bank Leumi at ILS 74.56 on October 26, 2026 at 5:25 p.m. IDT. Its 52-week range was ILS 63.93 to ILS 80.98, putting the price 7.93 percent below the high and 16.63 percent above the low. Trading volume reached 1,936,373 shares, while the market capitalization was ILS 109.5 billion.

Valuation and the next date

The fair value of ILS 90.90 is 21.92 percent above the latest TASE price. The estimate rose from ILS 88.87, an increase of 2.29 percent, while the report said the revised model used updated revenue-growth, margin and discount-rate assumptions.

TradingView lists December 2, 2026 as Bank Leumi's next earnings date. The upcoming report will give investors a fresh comparison with the second-quarter figures and the current valuation estimate.

Comparison with peers

Bank Leumi Le-Israel B.M.: up 0.01 percent, P/E 10.62, market capitalization ILS 109.5 billion.

Bank Hapoalim (TASE, ILS): down 0.37 percent, P/E 10.57, market capitalization ILS 99.3 billion.

Mizrahi Tefahot Bank (TASE, ILS): up 1.12 percent, P/E 11.05, market capitalization ILS 61.1 billion.

Rating support meets execution risk

The valuation increase gives the stock a higher modeled value than its current TASE price, but the bank's next earnings report will test whether the second-quarter profitability profile is holding. Fitch Ratings affirmed Bank Leumi at A- with a Stable Outlook on October 19, 2026, while citing exposure to construction and real estate markets. Fitch reported an impaired-loans ratio of 0.50 percent at the end of the first half of 2026 and a CET1 ratio of 11.70 percent.