[66969] Summary of Q1 2026 Reports: Record Profits for Israel's Largest Banks

Q1 2026 Reports: Banks Report Significant Profits

The banking system in Israel is presenting strong financial data for the first quarter of 2026. According to reports by Kav HaHadashot, which maintains a line emphasizing positions identified with the Israeli right, two of the country's largest banks published reports indicating high profitability.

Bank Leumi reported a "net profit of 2.35 billion shekels," of which 55% will be distributed as dividends to shareholders, according to Kav HaHadashot. At the same time, Mizrahi-Tefahot Bank also published its financial results and reported a "net profit of 1.24 billion shekels," with 50% of the profits to be distributed as dividends to shareholders, as reported by Kav HaHadashot.

The data is identical to that published by Hadashot Bazman, which notes that this is a summary of the first quarter of 2026. The current update highlights the continuation of the positive economic trend for the large financial institutions in the Israeli economy against the backdrop of the current year.