Israel’s Bank Leumi posted record profit in 2025

Bank Leumi, one of Israel’s two largest lenders, posted a record profit in 2025, benefiting from a conducive interest-rate environment and robust growth in credit and loan operations.

Net profit in 2025 jumped 4.7 percent to NIS 10.3 billion ($3.2 billion), from NIS 9.8 billion ($3.1 billion) in the previous year. In the fourth quarter of 2025, Leumi saw its profit increase to NIS 2.55 billion ($799 million), versus NIS 2.45 billion ($768 million) in the same quarter in 2024.

Leumi says that at this stage, the bank expects the current war with Iran to have “no impact” on its financial results.

“Bank Leumi has entered the operation in a solid financial position, with significant capital surplus and a high level of liquidity,” Leumi says. “The bank’s operations continue as usual for the benefit of its customers, while optimally implementing the bank’s business continuity plans.”

“To the extent that the Israeli-US operation against Iran will significantly reduce the threat to Israel, it is expected to have positive implications on the growth potential of Israel’s economy,” Leumi adds.

Overall in 2025, Leumi’s credit portfolio grew by 14.1% year-on-year. The bank’s corporate portfolio increased by 20.5%, the commercial portfolio by 6.2% and the mortgage portfolio by 6.9%. Net interest income in 2025 rose 2.1% to NIS 16.9 billion ($5.46 billion) versus the previous year.

In 2025, the Bank of Israel kept interest rates steady for the year, except once in November when it cut borrowing costs to 4.25% from 4.5%, marking the first reduction in almost two years.

For the full year of 2025, Leumi will distribute an accumulative dividend of NIS 5.9 billion ($1.9 billion) to shareholders.