Bank Hapoalim (OTCMKTS:BKHYY – Get Free Report) was upgraded by investment analysts at Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research note issued on Wednesday, Zacks reports.
Bank Hapoalim Stock Performance
OTCMKTS:BKHYY opened at $133.49 on Wednesday. The stock has a fifty day moving average price of $126.31 and a 200-day moving average price of $125.64. The company has a market cap of $34.86 billion, a price-to-earnings ratio of 11.79 and a beta of 1.20. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.96 and a current ratio of 0.96. Bank Hapoalim has a fifty-two week low of $89.91 and a fifty-two week high of $146.00.
Bank Hapoalim (OTCMKTS:BKHYY – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The bank reported $3.21 EPS for the quarter, topping analysts’ consensus estimates of $3.01 by $0.20. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $6.13 billion. Bank Hapoalim had a return on equity of 14.65% and a net margin of 22.88%.
Bank Hapoalim Company Profile
Bank Hapoalim B.M. is one of Israel’s largest banking institutions, serving individual, business, corporate and institutional customers. The bank provides a broad range of financial services, including deposit accounts, consumer and commercial lending, mortgages, payment cards, foreign-currency services and digital banking.
Its business also includes corporate and investment banking, capital-markets services, asset management, private banking and wealth-management solutions. Bank Hapoalim serves customers through a network of branches and digital channels in Israel, while its international activities are conducted through subsidiaries and representative operations serving selected global markets.
Established in 1921, the bank has played a longstanding role in Israel’s financial system.
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