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Leumi Extends and Amends Agreement with Bank Leumi

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Leumi Extends and Amends Agreement with Bank Leumi

Leumi ( (IL:LUMI) ) has shared an update.

Leumi, through its wholly-owned subsidiary Max It Finance Ltd., has announced an amendment to its existing agreement with Bank Leumi of Israel Ltd. The updated agreement extends the commitment period to January 31, 2031, and modifies the terms of revenue sharing from fees and operational costs between the parties. This move, however, is not expected to significantly impact Max’s business results.

More about Leumi

YTD Price Performance: 5.81%

Average Trading Volume: 955

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $19.58B

See more data about LUMI stock on TipRanks’ Stock Analysis page.

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