Bank Hapoalim (OTCMKTS:BKHYY – Get Free Report) announced its quarterly earnings data on Tuesday. The bank reported $3.21 earnings per share for the quarter, topping analysts’ consensus estimates of $3.01 by $0.20, Zacks reports. Bank Hapoalim had a net margin of 22.10% and a return on equity of 14.38%.
Bank Hapoalim Stock Performance
Shares of OTCMKTS:BKHYY remained flat at $123.53 during trading on Tuesday. The stock had a trading volume of 5,518 shares, compared to its average volume of 11,092. The firm’s 50-day simple moving average is $118.24 and its two-hundred day simple moving average is $125.18. Bank Hapoalim has a 52-week low of $89.15 and a 52-week high of $146.00. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $32.31 billion, a price-to-earnings ratio of 11.45 and a beta of 1.21.
About Bank Hapoalim
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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