Bank Leumi le-Israel B.M Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Hanan Friedman

Chief executive officer

₪3.8m

Total compensation

CEO salary percentage	83.6%
CEO tenure	5yrs
CEO ownership	n/a
Management average tenure	1.8yrs
Board average tenure	3.5yrs

Recent management updates

Shareholders May Not Be So Generous With Bank Leumi le-Israel B.M.'s (TLV:LUMI) CEO Compensation And Here's Why

Oct 02

Recent updates

Shareholders May Not Be So Generous With Bank Leumi le-Israel B.M.'s (TLV:LUMI) CEO Compensation And Here's Why

Oct 02

Is Now The Time To Put Bank Leumi le-Israel B.M (TLV:LUMI) On Your Watchlist?

Sep 27

This Just In: Analysts Are Boosting Their Bank Leumi le-Israel B.M. (TLV:LUMI) Outlook for This Year

Jun 09

Here's Why We Think Bank Leumi le-Israel B.M (TLV:LUMI) Might Deserve Your Attention Today

Feb 12

Bank Leumi le-Israel B.M's (TLV:LUMI) Dividend Will Be ₪0.2321

Dec 03

Should You Be Adding Bank Leumi le-Israel B.M (TLV:LUMI) To Your Watchlist Today?

Sep 28

Bank Leumi le-Israel B.M (TLV:LUMI) Ticks All The Boxes When It Comes To Earnings Growth

Jun 01

Should Bank Leumi le- Israel B.M (TLV:LUMI) Be Disappointed With Their 56% Profit?

Feb 26

Do Institutions Own Bank Leumi le- Israel B.M. (TLV:LUMI) Shares?

Jan 04

CEO Compensation Analysis

How has Hanan Friedman's remuneration changed compared to Bank Leumi le-Israel B.M's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	₪9b
Jun 30 2024	n/a	n/a	₪9b
Mar 31 2024	n/a	n/a	₪9b
Dec 31 2023	₪4m	₪3m	₪7b
Sep 30 2023	n/a	n/a	₪8b
Jun 30 2023	n/a	n/a	₪8b
Mar 31 2023	n/a	n/a	₪7b
Dec 31 2022	₪4m	₪3m	₪8b
Sep 30 2022	n/a	n/a	₪7b
Jun 30 2022	n/a	n/a	₪7b
Mar 31 2022	n/a	n/a	₪6b
Dec 31 2021	₪3m	₪3m	₪6b
Sep 30 2021	n/a	n/a	₪5b
Jun 30 2021	n/a	n/a	₪5b
Mar 31 2021	n/a	n/a	₪4b
Dec 31 2020	₪3m	₪3m	₪2b
Sep 30 2020	n/a	n/a	₪2b
Jun 30 2020	n/a	n/a	₪2b
Mar 31 2020	n/a	n/a	₪2b
Dec 31 2019	₪3m	₪2m	₪4b
Sep 30 2019	n/a	n/a	₪3b
Jun 30 2019	n/a	n/a	₪4b
Mar 31 2019	n/a	n/a	₪4b
Dec 31 2018	₪3m	₪2m	₪3b

Compensation vs Market: Hanan's total compensation ($USD1.01M) is about average for companies of similar size in the IL market ($USD1.22M).

Compensation vs Earnings: Hanan's compensation has been consistent with company performance over the past year.

CEO

Hanan Friedman (53 yo)

5yrs

Tenure

₪3,783,000

Compensation

Mr. Hanan Shmuel Friedman, A.D.V. serves as Chief executive Officer at Bank Leumi le-Israel B.M. since November 1, 2019 and serves as its President. He serves as Deputy Chief Executive Officer of Harel Ins...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Hanan Friedman	President & CEO	5yrs	₪3.78m	no data
Omer Ziv	Deputy CEO	1.8yrs	₪3.61m	no data
Ronen Mori	First EVP	1.8yrs	₪2.47m	no data
Haim Shkolnik	Senior Deputy GM & Head of Leumi Technologies division	no data	₪3.29m	no data
Michael Schiller	Chief Executive Officer of Bank Leumi UK	no data	₪4.37m	no data
Ron Haim	Chief Executive Officer of Leumi Partners	1.6yrs	₪3.91m	no data
Hagit Argov	First EVP	1.8yrs	no data	no data
Avi Polak	First Executive VP and Head of Operations & Service Division	no data	no data	no data
Sasson Elya	Chief Technology Officer & Director	3yrs	no data	no data
Adi Weinstein	VP & Head of Investor Relations	no data	no data	no data
Michal Alterman	First EVP	no data	no data	no data
Pinchas Schatz	Head of the Compliance & Enforcement Department and Chief Compliance Officer	1.9yrs	no data	0.00018% ₪ 110.2k

1.8yrs

Average Tenure

53yo

Average Age

Experienced Management: LUMI's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Sasson Elya	Chief Technology Officer & Director	3yrs	no data	no data
Dan Koller	Independent Director	3yrs	no data	no data
Shmuel Ben-Zvi	Independent Chairman	9.3yrs	₪474.00k	no data
Tamar Gottlieb	Independent Director	9.3yrs	no data	no data
Esther Deutsch	Director	1.2yrs	no data	no data
Irit Shlomi	Director	5.2yrs	no data	no data
Esther Dominissini	Director	7.8yrs	no data	no data
Yedidia Stern	Independent Director	4yrs	no data	no data
Uri Aloni	Director	1.3yrs	no data	no data
Dafna Landau	Director	no data	no data	no data
Zvika Nagan	Independent External Director	1.8yrs	no data	no data

3.5yrs

Average Tenure

64yo

Average Age

Experienced Board: LUMI's board of directors are considered experienced (3.5 years average tenure).

Bank Leumi le-Israel B.M Management

Management criteria checks 3/4

Key information

Recent management updates

Shareholders May Not Be So Generous With Bank Leumi le-Israel B.M.'s (TLV:LUMI) CEO Compensation And Here's Why

Bank Leumi le-Israel B.M., Annual General Meeting, Oct 08, 2024

High number of new directors

High number of new directors

Bank Leumi Appoints Mason C Salit as Head for Private Banking Operations in the U.S

High number of new directors

Recent updates

Third quarter 2024 earnings released: EPS: ₪1.51 (vs ₪1.15 in 3Q 2023)

Bank Leumi le-Israel B.M. to Report Q3, 2024 Results on Nov 19, 2024

Shareholders May Not Be So Generous With Bank Leumi le-Israel B.M.'s (TLV:LUMI) CEO Compensation And Here's Why

Is Now The Time To Put Bank Leumi le-Israel B.M (TLV:LUMI) On Your Watchlist?

Bank Leumi le-Israel B.M., Annual General Meeting, Oct 08, 2024

Upcoming dividend of ₪0.45 per share

Second quarter dividend of ₪0.45 announced

Second quarter 2024 earnings released: EPS: ₪1.49 (vs ₪1.59 in 2Q 2023)

Bank Leumi le-Israel B.M. to Report Q2, 2024 Results on Aug 14, 2024

Price target increased by 7.6% to ₪42.25

This Just In: Analysts Are Boosting Their Bank Leumi le-Israel B.M. (TLV:LUMI) Outlook for This Year

First quarter dividend of ₪0.55 announced

Bank Leumi le-Israel B.M. (TASE:LUMI) announces an Equity Buyback for ILS 1,000 million worth of its shares.

First quarter 2024 earnings released: EPS: ₪1.83 (vs ₪0.64 in 1Q 2023)

Bank Leumi le-Israel B.M. to Report Q1, 2024 Results on May 28, 2024

Fourth quarter dividend of ₪0.24 announced

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Bank Leumi le-Israel B.M. to Report Q4, 2023 Results on Mar 19, 2024

Here's Why We Think Bank Leumi le-Israel B.M (TLV:LUMI) Might Deserve Your Attention Today

Bank Leumi le-Israel B.M's (TLV:LUMI) Dividend Will Be ₪0.2321

Third quarter 2023 earnings released: EPS: ₪1.15 (vs ₪1.15 in 3Q 2022)

Bank Leumi le-Israel B.M. to Report Q3, 2023 Results on Nov 29, 2023

New major risk - Revenue and earnings growth

Should You Be Adding Bank Leumi le-Israel B.M (TLV:LUMI) To Your Watchlist Today?

Upcoming dividend of ₪0.48 per share at 3.9% yield

Bank Leumi Announces Dividend for Second Quarter of 2023

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Bank Leumi le-Israel B.M. to Report Q2, 2023 Results on Aug 15, 2023

Consensus EPS estimates increase by 16%

Bank Leumi le-Israel B.M (TLV:LUMI) Ticks All The Boxes When It Comes To Earnings Growth

Upcoming dividend of ₪0.19 per share at 4.3% yield

Bank Leumi le-Israel B.M. (TASE:LUMI) announces an Equity Buyback for ILS 800 million worth of its shares.

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Bank Leumi le-Israel B.M. to Report Q1, 2023 Results on May 23, 2023

High number of new directors

Upcoming dividend of ₪0.45 per share at 4.0% yield

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

Does Bank Leumi le-Israel B.M (TLV:LUMI) Deserve A Spot On Your Watchlist?

Upcoming dividend of ₪0.23 per share

Third quarter 2022 earnings: Revenues miss analyst expectations

Bank Leumi le-Israel B.M. to Report Q3, 2022 Results on Nov 29, 2022

High number of new directors

Here's Why We Think Bank Leumi le-Israel B.M (TLV:LUMI) Is Well Worth Watching

Now 21% undervalued after recent price drop

Bank Leumi Appoints Mason C Salit as Head for Private Banking Operations in the U.S

Upcoming dividend of ₪0.26 per share

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Bank Leumi Le-Israel B.M. Announces Dividend Distribution

Bank Leumi Le-Israel B.M. to Report Q2, 2022 Results on Aug 16, 2022

Upcoming dividend of ₪0.22 per share

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Bank Leumi Le-Israel B.M. to Report Q1, 2022 Results on May 24, 2022

Now 23% undervalued

Price target increased to ₪37.90

High number of new directors

Now 20% undervalued after recent price drop

Valley National Bancorp (NasdaqGS:VLY) completed the acquisition of Bank Leumi Le-Israel Corporation from Bank Leumi le- Israel B.M. (TASE:LUMI), Endicott SPV I, L.P, a fund managed by Endicott Management Company and MSD Capital, L.P and others.

Now 20% undervalued

Upcoming dividend of ₪0.40 per share

High number of new directors

Bank Leumi Le- Israel B.M. Approves Dividend Distribution

Price target increased to ₪37.90

Here's Why We Think Bank Leumi le- Israel B.M (TLV:LUMI) Is Well Worth Watching

Price target increased to ₪36.48

Now 20% undervalued

Bank Leumi le- Israel B.M. to Report Q4, 2021 Results on Mar 09, 2022

Upcoming dividend of ₪0.94 per share

Does Bank Leumi le- Israel B.M (TLV:LUMI) Deserve A Spot On Your Watchlist?

Third quarter 2021 earnings released: EPS ₪1.07 (vs ₪0.52 in 3Q 2020)