Bank Hapoalim (OTCMKTS:BKHYY) Announces Quarterly Earnings Results

by · The Cerbat Gem

Bank Hapoalim (OTCMKTS:BKHYY – Get Free Report) released its earnings results on Thursday. The bank reported $2.59 EPS for the quarter, Zacks reports. The firm had revenue of $1.76 billion for the quarter. Bank Hapoalim had a net margin of 22.10% and a return on equity of 14.89%.

Bank Hapoalim Price Performance

Shares of OTCMKTS:BKHYY traded down $3.18 during trading hours on Friday, hitting $129.45. 4,983 shares of the company’s stock traded hands, compared to its average volume of 5,739. Bank Hapoalim has a 52 week low of $77.40 and a 52 week high of $146.00. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.94 and a current ratio of 0.94. The company’s fifty day simple moving average is $128.66 and its two-hundred day simple moving average is $121.51. The company has a market cap of $33.92 billion, a price-to-earnings ratio of 12.00 and a beta of 1.21.

Bank Hapoalim Company Profile

(Get Free Report)

Bank Hapoalim B.M. is one of Israel’s largest banking groups, providing a broad range of financial services to retail, corporate and institutional customers. Founded in 1921 by the Histadrut labor federation, the bank has developed into a full-service financial institution offering deposit accounts, consumer and mortgage lending, credit cards, payment services, and branch-based retail banking. It also serves small and medium-sized enterprises with working capital and trade finance solutions.

In addition to traditional retail banking, Bank Hapoalim operates significant corporate and investment banking divisions.

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