Bank Leumi le-Israel B.M Third Quarter 2024 Earnings: EPS: ₪1.51 (vs ₪1.15 in 3Q 2023)

Bank Leumi le-Israel B.M (TLV:LUMI) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₪5.21b (up 20% from 3Q 2023).
• Net income: ₪2.29b (up 30% from 3Q 2023).
• Profit margin: 44% (up from 41% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: ₪1.51 (up from ₪1.15 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bank Leumi le-Israel B.M Earnings Insights

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 7.3% growth forecast for the Banks industry in Asia.

Performance of the market in Israel.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Bank Leumi le-Israel B.M that you should be aware of before investing here.

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