Leumi Group Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2017
August 15, 2017 at 04:28 am EDT
Leumi Group reported earnings results for the second quarter and six months ended June 30, 2017. For the quarter, net income totaled ILS 876 million. Return on equity was 11.3%. Net interest income in the second quarter of 2017 increased by 6.4% compared with the corresponding period last year.
For the six months, the company reported net interest income of ILS 4,038 million compared to ILS 3,689 million a year ago. Net income due to shareholders of the bank was ILS 1,498 million compared to ILS 1,429 million a year ago. Net income in the first half of 2017 reflects a return on equity of 9.6%.