Analysts lift target for Bank Leumi stock to ILS 88.87

Published on 10/08/2026 at 13:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income reached ILS 2.83 billion in the second quarter of 2026, up 8.50 percent. Bank Leumi stock returned 17.20 percent through October 5, 2026.

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

Bank Leumi Le-Israel B.M. (ISIN IL0006046119) faced an average analyst-target increase from ILS 82.65 to ILS 88.87 on September 15, 2026. According to Simply Wall St, the new target represented a 7.52 percent increase from the earlier level and came from an average of three analysts.

Three milestones shape the story

On March 4, 2026, Bank Leumi reported record fiscal-year 2025 net income of ILS 10.3 billion and a 15.80 percent return on equity. On May 19, 2026, the bank reported first-quarter net income of ILS 2.3 billion and a dividend and buyback distribution of ILS 1.3 billion.

The latest event was the September 15 target revision. The new ILS 88.87 average target stood 13.00 percent above the prior closing price of ILS 78.98 cited by Simply Wall St.

What does the target change imply?

The target move puts valuation expectations above the latest reported earnings trend. In the second quarter of 2026, net income reached ILS 2.83 billion, up 8.50 percent from ILS 2.61 billion in the second quarter of 2025, while earnings per share rose to ILS 1.92 from ILS 1.74.

Bank Leumi reported a 16.30 percent return on equity for the second quarter of 2026, alongside a 24.70 percent cost-income ratio. Credit grew 3.40 percent during the quarter to ILS 567 billion, while non-performing loans stood at 0.45 percent.

TASE context stays measurable

On the Tel Aviv Stock Exchange, Bank Leumi was last at ILA 7,177.00 on October 8, 2026 at 2:22 p.m. IDT, down 0.46 percent from ILA 7,210.00. The separate Israeli-market quote places the analyst target revision against a share price that had gained 17.20 percent over the previous year by October 5, 2026.

Bank Leumi combines the target revision with reported profitability, but the valuation case still depends on sustaining returns and credit quality as the balance sheet expands.