LUMI.TA - Bank Leumi le- Israel B.M.

Tel Aviv - Tel Aviv Delayed Price. Currency in ILS
2,480.00
+26.00 (+1.06%)
At close: 4:24PM IDT
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Previous Close2,454.00
Open2,463.00
Bid2,479.00 x 1200000
Ask2,480.00 x 3603000
Day's Range2,459.00 - 2,482.00
52 Week Range2,143.00 - 2,504.00
Volume696,604
Avg. Volume2,478,431
Market Cap37.054B
Beta (3Y Monthly)0.25
PE Ratio (TTM)1,153.49
EPS (TTM)2.15
Earnings DateMay 27, 2019
Forward Dividend & Yield0.87 (3.52%)
Ex-Dividend Date2019-03-26
1y Target Est26.25
  • Reuters2 months ago

    Warburg Pincus to invest $221 mln in Israel credit card firm

    U.S. private equity firm Warburg Pincus plans to invest 800 million shekels ($221 million) over the next five years to expand its new Israeli credit card business into areas of lending currently dominated by banks, a senior official said. Warburg Pincus bought Leumi Card from Bank Leumi and Azrieli Group last month for 2.5 billion shekels after regulators instructed Leumi and rival Hapoalim to divest their credit card subsidiaries by 2020.

  • PR Newswire2 months ago

    Leumi Reports a NIS 3.3 Billion ($880 Million) Net Income and 9.5% Return on Equity in 2018

    Net income in 2018 totaled NIS 3,257 million ($869 million), compared with NIS 3,172 million ($846 million) in the same period last year - a 2.7% year-over-year increase. Return on equity in 2018 was 9.5%, compared with 9.3% in the same period last year, net of one-time effects.  The net income in 2017 was materially affected by the sale of a building in Q4 and by one-time salary expenses.

  • PR Newswire3 months ago

    Bank Leumi to Report Fourth-Quarter and Full Year 2018 Results on March 7, 2019

    TEL AVIV, Israel , Feb. 28, 2019 /PRNewswire/ -- Bank Leumi (TASE: LUMI) announced today that it will release its fourth-quarter and Full Year 2018 financial results on Thursday, March 7, 2019 . Ms. Rakefet ...

  • Reuters3 months ago

    Warburg Pincus brings in strategic partners for Israel's Leumi Card

    U.S. private equity firm Warburg Pincus completed its acquisition of Israeli Bank Leumi's credit card business on Monday and said it was bringing in three strategic partners. Leumi, which owned 80 percent of Leumi Card, and property developer Azrieli Group, which held the rest, announced in July they had agreed to sell the business to Warburg Pincus for 2.5 billion shekels ($700 million), subject to regulatory approval. The Bank of Israel granted a permit to control the business last week.

  • Reuters3 months ago

    Israel's Leumi to complete sale of credit card unit February 26

    Israel's Bank Leumi said on Sunday it would complete the sale of its credit card unit to U.S. private equity firm Warburg Pincus on Feb. 26. Leumi, which owns 80 percent of Leumi Card, and property developer Azrieli Group, which holds 20 percent, announced in July they had agreed to sell the business to the Warburg Pincus for 2.5 billion shekels (535.95 million pounds), subject to regulatory approval, receipt of which had held up the deal by a number of weeks.

  • Reuters3 months ago

    Israel's Leumi to complete sale of credit card unit Feb 26

    Israel's Bank Leumi said on Sunday it would complete the sale of its credit card unit to U.S. private equity firm Warburg Pincus on Feb. 26. Leumi, which owns 80 percent of Leumi Card, and property developer Azrieli Group, which holds 20 percent, announced in July they had agreed to sell the business to the Warburg Pincus for 2.5 billion shekels ($691 million), subject to regulatory approval, receipt of which had held up the deal by a number of weeks. Since the conditions for the sale have been met, the bank said in a statement on the Tel Aviv Stock Exchange that the sides agreed to complete the transaction on Feb. 26.

  • Reuters3 months ago

    Fintech firm Pagaya issuing $100 million in asset-backed securities

    TEL AVIV (Reuters) - Pagaya, a U.S.-Israeli firm that uses machine learning and big data to manage institutional money, said on Wednesday it is issuing and overseeing $100 million in actively managed asset-backed ...

  • Reuters5 months ago

    Israel's Leumi considers listing U.S. banking unit -report

    Israel's Bank Leumi is considering taking its New York-based subsidiary Leumi USA public at a valuation of more than $1 billion, Israeli financial news website Calcalist reported on Thursday. Bank Leumi, ...

  • Reuters5 months ago

    Israeli regulator to approve Leumi Card sale to Warburg Pincus

    Israel's banking regulator said on Monday Warburg Pincus had been found to be "fit and proper" to buy Bank Leumi's credit card unit, paving the way for the deal to be completed. Leumi, which owns 80 percent of Leumi Card, and property developer Azrieli Group, which holds 20 percent, announced in July they had agreed to sell the business to the U.S. private equity firm for 2.5 billion shekels ($666 million), subject to regulatory approval. "We have already the finished review of Warburg Pincus and they are fit and proper to buy Leumi Card from the banking supervisor's standpoint," Supervisor of Banks Hedva Ber told a business conference.

  • PR Newswire6 months ago

    Leumi Awarded 'Bank of the Year in Israel' by The Banker

    Bank Leumi (LUMI.TA) has been awarded 'Bank of the Year in Israel for 2018' by the prestigious magazine 'The Banker', part of the Financial Times Group. This is the seventh time that Leumi has won the distinguished title. Leumi was selected by a professional panel of judges who examined the Bank's financial results, business achievements, investment in technology and overall strategy.

  • PR Newswire6 months ago

    Leumi Reports 10.2% Return on Equity in the First Nine Months of 2018; 11.2% Return on Equity in Q3 2018

    The Bank will distribute a NIS 375 Million ( $103 million ) dividend in respect of its third quarter earnings; From the beginning of 2018, dividends and buyback of Leumi shares totaled some NIS 1.7 billion ...

  • PR Newswire6 months ago

    Bank Leumi to Report Third Quarter 2018 Results on November 13, 2018

    TEL AVIV, Israel , November 6, 2018 /PRNewswire/ -- Bank Leumi (TASE: LUMI) announced today that it will release its third quarter 2018 financial results on Tuesday, November 13, 2018 . Mr. Omer Ziv , ...

  • Reuters8 months ago

    Citi wins tender to buy Israeli government's Bank Leumi stake

    Citi won a tender to buy the Israeli government's remaining 5.37 percent stake in Leumi , the country's second largest bank, the Finance Ministry said on Tuesday. Citi is expected to distribute the shares to its clients. Leumi's shares fell 0.9 percent on Tuesday to 23.72 shekels.

  • PR Newswire9 months ago

    Leumi Reports a Return on Equity of 9.9% in the First Half of 2018

    Return on Equity in the Second Quarter of 2018 Reached 11.1% The Bank will distribute a NIS 361 million ( $99 million ) dividend based on second quarter earnings From the beginning of 2018, dividend payments ...

  • PR Newswire9 months ago

    Bank Leumi to Report Second-Quarter 2018 Results on August 14 2018

    TEL AVIV, Israel , Aug. 8, 2018 /PRNewswire/ -- Bank Leumi (TASE: LUMI) announced today that it will release its second-quarter 2018 financial results on Tuesday, August 14, 2018 . Mr. Omer Ziv , First ...

  • Reuters10 months ago

    Israel's Bank Leumi expects to complete credit card unit sale this year

    Israel's Bank Leumi expects to complete the 2.5 billion shekel ($685 million) sale of its credit card unit Leumi Card to Warburg Pincus by the end of the year, bank executives said on Sunday. Leumi, which owns 80 percent of Leumi Card, and property developer Azrieli Group, which holds 20 percent, announced on Saturday that they had agreed to sell the business to the U.S. private equity firm, subject to regulatory approval. Leumi said it would report a capital gain from the deal of about 234 million shekels.

  • Warburg Pincus to Buy Israel's Leumi Card for $684 Million
    Bloomberg10 months ago

    Warburg Pincus to Buy Israel's Leumi Card for $684 Million

    Warburg Pincus LLC agreed to buy credit-card operator Leumi Card Ltd. in a deal that the Israeli government hopes will boost competition in the country’s financial sector. The New York-based private equity firm will pay 2.5 billion shekels ($684 million) in three installments for one of the country’s largest credit card businesses, according to an emailed statement late Saturday. Israel’s second-biggest lender Bank Leumi Le-Israel Ltd. owns 80 percent of the credit card company’s equity, while real estate developer Azrieli Group Ltd. holds the rest.

  • Bank Leumi, Azrieli agree to sell credit card unit to Warburg Pincus
    Reuters10 months ago

    Bank Leumi, Azrieli agree to sell credit card unit to Warburg Pincus

    Israel's Bank Leumi (LUMI.TA) and Azrieli Group (AZRG.TA) have agreed to sell their credit card business Leumi Card to the U.S. private equity firm Warburg Pincus for 2.5 billion shekels ($685 million). Leumi said in a statement on Saturday it would receive 2 billion shekels for its 80 percent stake, and that real estate developer Azrieli had agreed to sell its 20 percent stake.

  • PR Newswire10 months ago

    Bank Leumi to Sell Leumi Card to Warburg Pincus for NIS 2.5 billion - approximately 30% above shareholders' equity

    Leumi's President & CEO, Rakefet Russak-Aminoach, said: "I am pleased with the excellent results of a responsible and professional process we have led over the past few months. Due to the importance of Leumi Card and its services to customers, we endeavored to find a reputable buyer with extensive experience in finance and payments, who will be committed to the development and success of Leumi Card in its new independent path.

  • PR Newswirelast year

    Leumi Reports Net Profit of NIS 730 Million ($208 Million) for Q1 2018 - a 17.4% Increase From the Corresponding Period Last Year

    Return on equity reached 9.0% Leumi will distribute NIS 292 million ( $83 million ) in dividends, comprising 40% of the quarterly net profit; In addition, the Bank is expected to commence the share buyback ...

  • PR Newswirelast year

    Bank Leumi Schedules First Quarter 2018 Results Conference Call

    TEL AVIV, Israel , May 21, 2018 /PRNewswire/ -- Bank Leumi (TASE: LUMI)(LUMI) announced today that it will release its Q1 2018 Financial Results on Thursday, May 24, 2017 . Mr. Omer Ziv , First EVP & CFO, ...