Leumi Concludes Q1 2023 with Continued Growth – and with a Dividend Distribution and Share Buyback of over NIS 1 Billion ($277 Million)

Net income – NIS 1 billion ($277 million). Net of the one-off deduction with respect to the bank’s shares in Valley, net income reached NIS 2.1 billion ($581 million). ROE of 17%, net of the one-off deduction due to the bank’s shares in Valley. Best efficiency ratio among Israeli banks -…