Bank Leumi weighs 15% Adler Chomski stake: what it means for Bank Leumi stock

Published on 10/12/2026 at 09:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Leumi Partners is weighing a 15.00 percent stake in Adler Chomski. For Bank Leumi stock, the deal implies a 30.00 percent holding.

Key points in brief

Bank Leumi is considering a 15.00 percent stake in Adler Chomski through Leumi Partners.
The proposed investment would give Leumi and Discount a combined 30.00 percent holding.
Bank Leumi reported NIS 2.83 billion in net income for the second quarter of 2026 and 16.30 percent ROE.
The bank's latest disclosed capital-market development was a market-making agreement linked to a 50.00 percent turnover increase.

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

Bank Leumi is considering a 15.00 percent stake in Adler Chomski through Leumi Partners, according to CTech on October 11, 2026. The proposed investment would give Leumi and Discount Capital a combined 30.00 percent holding in the advertising group, while Eyal Chomski would retain control.

What does the stake mean?

Under the structure being considered, each bank investment arm would acquire 15.00 percent of Adler Chomski. The transaction would combine a capital injection with purchases from existing shareholders, although the total investment and the split between those two components were not disclosed by CTech.

The proposed deal values Adler Chomski at NIS 500 million. For Bank Leumi, the transaction would extend Leumi Partners' investment activity beyond financial services and into a domestic advertising group with multiple subsidiaries.

Leumi enters the deal from strength

Bank Leumi's investor-relations page reports NIS 2.83 billion in net income for the second quarter of 2026, a 16.30 percent return on equity and NIS 1.40 billion in dividends and buybacks. The same Q2 2026 materials show credit growth of 3.40 percent to NIS 567 billion and a non-performing-loan ratio of 0.45 percent, according to Bank Leumi.

The figures give the advertising investment a clear financial backdrop: the proposed 30.00 percent combined stake is being considered while the bank is reporting double-digit returns on equity and expanding credit. That does not establish the transaction's final economics, because the capital injection, purchase price allocation and completion terms remain part of the structure under review.

Legal risk adds a counterweight

A separate development on October 11, 2026, involved a class-action lawsuit against four Israeli banks, including Leumi. Globes reported that the Lod District Court allowed the case to proceed, with the claimants estimating total damages between NIS 3.62 billion and NIS 5.06 billion. The ruling concerns the ability to pursue the case, not the merits of the allegations.

Three dated developments

On June 3, 2026, Bank Leumi completed a USD 1.00 billion overseas CoCo bond issuance, according to its investor-relations materials. On August 12, 2026, the bank reported NIS 2.83 billion in second-quarter net income and a 16.30 percent return on equity. On September 17, 2026, the Tel Aviv Stock Exchange said Bank Leumi share turnover had increased 50.00 percent during the market-making program period, according to MarketScreener. The October 11, 2026, Adler Chomski proposal is the latest dated development covered here.