Fitch affirms Bank Leumi at A-. Analysts lift fair value for Bank Leumi stock

Published on 10/27/2026 at 09:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter income reached ILS 2.83 billion, up 8.50 percent. Fitch kept A- for Bank Leumi stock on October 19, 2026.

Ratings and reporting schedule

Bank Leumi reported ILS 2.83 billion in second-quarter net income on August 12, 2026.
Fitch affirmed the A- rating on October 19, 2026, citing an 11.7 percent CET1 ratio.
RTTNews lists November 11, 2026 for third-quarter results.

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

Bank Leumi Le-Israel B.M. (ISIN IL0006046119) reported ILS 2.83 billion in net income for the second quarter of 2026, up 8.50 percent from the year-earlier period, according to Bank Leumi. The latest credit signal came on October 19, 2026, when Fitch Ratings affirmed the bank's long-term issuer default rating at A- with a stable outlook.

Three events shape the picture

On August 12, 2026, Bank Leumi reported second-quarter net income of ILS 2.83 billion and return on equity of 16.30 percent, according to Bank Leumi. On October 12, 2026, the bank announced a joint trust company with Aspire, holding 51.00 percent of the venture, as CTech reported. On October 19, 2026, Fitch affirmed the A- rating and stable outlook.

What does the rating mean for capital?

Fitch's assessment rests on measurable buffers. At the end of the first half of 2026, the bank's CET1 ratio was 11.70 percent, or 141 basis points above the regulatory minimum, while the impaired-loans ratio was 0.50 percent. Fitch also said operating profit reached 2.90 percent of risk-weighted assets in the first half of 2026, compared with 2.80 percent in 2025. The rating therefore links Leumi's credit profile to capital strength, loan quality and continued earnings resilience.

Fair value rises to ILS 90.90

The valuation picture moved higher as well. According to Simply Wall St, the consensus fair value estimate rose from ILS 88.87 to ILS 90.90 in an update dated October 15, 2026. The same update cited higher revenue-growth and profit-margin assumptions, while also using a lower future price-to-earnings multiple.

Next reporting date

RTTNews lists November 11, 2026 as Bank Leumi's next third-quarter results date. That date gives investors the next scheduled test of loan growth, capital and profitability after the strong second-quarter figures.

Bank Leumi stock on TASE

Bank Leumi was last at ILA 7,476.00 on TASE on October 26, 2026 at 6:27 p.m. IDT. The home-market quote places the stock within a 52-week TASE range of ILA 6,393.00 to ILA 8,098.00, while the rating and fair-value updates keep credit quality and capital returns central to the next results discussion.