Bank Hapoalim (OTCMKTS:BKHYY) Releases Earnings Results, Beats Estimates By $0.20 EPS

by · The Cerbat Gem

Bank Hapoalim (OTCMKTS:BKHYY – Get Free Report) posted its quarterly earnings data on Tuesday. The bank reported $3.21 earnings per share for the quarter, beating the consensus estimate of $3.01 by $0.20, Zacks reports. Bank Hapoalim had a return on equity of 14.38% and a net margin of 22.10%.

Bank Hapoalim Price Performance

Shares of Bank Hapoalim stock opened at $123.53 on Tuesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.96 and a quick ratio of 0.96. Bank Hapoalim has a fifty-two week low of $89.15 and a fifty-two week high of $146.00. The firm has a fifty day moving average price of $118.24 and a two-hundred day moving average price of $125.18. The company has a market cap of $32.31 billion, a PE ratio of 11.45 and a beta of 1.21.

About Bank Hapoalim

(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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