Bank Hapoalim
Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial services in Israel, North America, Europe, and internationally. Based in Tel Aviv-Yafo.
Bank Hapoalim: net income down (−7.1%), credit provisions sharply down (−41.0%), loans up (+14.3%).
- Net income downH1 2026
Net income (attributable to shareholders): ₪4,612M, vs. ₪4,966M a year earlier, i.e. −7.1%.
- Credit provisions sharply downH1 2026
Credit loss expenses: ₪333M, vs. ₪564M a year earlier, i.e. −41.0%.
- Loans upH1 2026
Loans to the public: ₪536,175M, vs. ₪469,052M a year earlier, i.e. +14.3%.
- Deposits upH1 2026
Deposits from the public: ₪618,116M, vs. ₪576,888M a year earlier, i.e. +7.1%.
- Interest income stableH1 2026
Net interest income: ₪9,060M, vs. ₪9,071M a year earlier, i.e. −0.1%.
Sector indicators
Figures copied from the company's document: Q2 2026 results release. They are not included in the Maya financial summary. No opinion, no recommendation.
What the market pays, vs. the sector
This company's valuation multiples history is being built day by day from now on.
P/E calculated on net income (trailing 12 months: last fiscal year + H1 2026 − same period a year earlier). Sector median: companies in the Israeli banks group tracked here. Prices: Yahoo Finance; market cap cross-checked with the Tel Aviv Stock Exchange for Israeli stocks. These ratios describe a price, not a value: none of them says whether the share is expensive or cheap.
Dividend per share, over 5 years
Total dividends per share paid each calendar year (5 year(s) out of 5 with a payment). Source: Yahoo Finance. The current year is not complete.
Trades by executives and interested parties
8 filing(s) over 12 months · on shares: 3 increase(s) and 5 decrease(s) in holdings.
| Date | Holder | Security | Direction | Quantity | Price | |
|---|---|---|---|---|---|---|
| 25/05/2026 | Yadin Antebi Director | Shares | Down | 105,108 | ₪28.41 | Maya › |
| 30/03/2026 | Yadin Antebi Director | Shares | Up | 13,872 | — | Maya › |
| 30/03/2026 | Yadin Antebi Director | Shares | Up | 13,872 | — | Maya › |
| 09/03/2026 | Guy Kalif Executive | Shares | Down | 4 | ₪77.50 | Maya › |
| 19/12/2025 | Noam Hanegbi Director | Shares | Up | 2 | ₪75.35 | Maya › |
| 15/12/2025 | Zeev Hayo Executive | Shares | Down | 5,641 | ₪76.45 | Maya › |
| 08/12/2025 | Guy Kalif Executive | Shares | Down | 14,205 | ₪74.80 | Maya › |
| 27/11/2025 | Zeev Hayo Executive | Shares | Down | 2 | ₪70.20 | Maya › |
Filings submitted on Maya (executives, directors, shareholders above 5%). An increase or decrease in holdings may come from a purchase or sale on the exchange, but also from a grant or exercise of options (price "—": grant with no price). Bonds excluded. For details, see the filing on Maya.
P/E ranking
Bank Hapoalim is 4e Out of 5: a P/E in the middle of the group.
- 1
First International Bank10.6 - 2
Bank Leumi10.5 - 3
Mizrahi Tefahot10.4 - 4Bank Hapoalim10.3
- 5
Israel Discount Bank9.9
P/E = market cap / net income over the last 12 months: how many years of earnings the market pays today. From highest to lowest; group median: 10.4. A high or low P/E alone does not say whether a share is expensive.
Follow earnings · WhatsApp group TA-125Details ▾
Every report from a TA-125 company, analyzed the same day: key figures and year-on-year change, analysis in brief, share price reaction. One daily summary during earnings season.
Join the TA-125 groupDetailed figures and history
Financial summary
| S1 2026 | S1 2025 | FY 2025 | |
|---|---|---|---|
| Total assets | 809,471 | 758,085 | 766,665 |
| Cash and bank deposits | 60,917 | 80,569 | 71,892 |
| Securities | 160,721 | 156,476 | 151,664 |
| Loans to the public | 536,175 | 469,052 | 502,881 |
| Equity attributable to shareholders | 67,144 | 62,123 | 64,677 |
| Deposits from the public | 618,116 | 576,888 | 592,676 |
| Deposits from banks | 11,094 | 15,388 | 10,367 |
| Net interest income | 9,060 | 9,071 | 18,103 |
| Credit loss expenses | 333 | 564 | −1,299 |
| Non-interest income | 3,053 | 3,064 | 6,453 |
| Operating expenses | 4,037 | 4,102 | 8,404 |
| Pre-tax income | 7,743 | 7,469 | 14,853 |
| Net income (attributable to shareholders) | 4,612 | 4,966 | 9,802 |
| Dividends paid | −1,841 | −1,092 | −3,466 |
| Operating cash flow | −3,843 | −6,040 | 933 |
In millions of shekels. The "H1" columns cover the first six months of the year.
Calculated from these figures
| S1 2026 | S1 2025 | FY 2025 | |
|---|---|---|---|
| Return on equity (annualized) | 13.7% | 16.0% | 15.2% |
| Cost-to-income ratio | 33.3% | 33.8% | 34.2% |
| Equity / total assets | 8.3% | 8.2% | 8.4% |
| Cost of risk (annualized; negative = provision release) | −0.1% | −0.2% | 0.3% |
| Loans / deposits from the public | 86.7% | 81.3% | 84.8% |
The 5-year history, charts and cross-check models are coming for companies listed only in Tel Aviv: each new filing on Maya is kept and enriches the page. The Piotroski, Beneish and Altman models do not apply to banks.
Company overview
Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial services in Israel, North America, Europe, and internationally. It operates through Households, Private Banking, Small Businesses and Microbusinesses, Mid-sized Businesses, Large Businesses, Institutional Entities, Financial Management, and Other segments. The company offers account-management services, lending for various purposes, deposits and savings plans, and capital-market services; housing loans; research and advisory services; and pension advisory and retirement planning services. It also provides products and services for the expansion of a business, advanced digital services, and a service center; credit for routine operations and investment financing, guarantees, letters of credit, foreign trade, and transactions in financial and derivative instruments, as well as investment services in various channels, such as foreign currency, shekels, and securities. In addition, the company offers financial products, including foreign-trade financing, financing of working capital, financing of assets overseas, complex financing transactions, syndication, and credit-risk transfers; and financing of construction projects, granting credit to customers, and issuing various types of guarantees to buyers of homes.
Source: official company profile (Yahoo Finance), summary. Website: www.bankhapoalim.co.il
- Maya, Tel Aviv Stock Exchange: company page and reports