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Bank Hapoalim

OverviewSuggest Edit

Bank Hapoalim is a company that provides a range of banking and financial products and services. It offers account-management services, credits for various purposes, deposits and savings plans, securities, currencies and derivatives trading services, securities custody services, research, consulting, and advisory services, pension advisory services, and housing loans.

TypePublic
Founded1921
HQTel Aviv-Yafo, ILMap
Websitebankhapoalim.com
Employee Ratings3.4More

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Latest Updates

Employees (est.) (May 2021)8,708(-2%)
Revenue (FY, 2017)₪16.8 B
Cybersecurity ratingBMore

Key People/Management at Bank Hapoalim

Dov Kotler

Dov Kotler

Chief Executive Officer
Ruben Krupik

Ruben Krupik

Chairman of the Board of Directors
Noam Hanegbi

Noam Hanegbi

Chairman of the Information Technology and Technological Innovation Committee.
Amir Bachar

Amir Bachar

Chief Risk Officer
Yadin Antebi

Yadin Antebi

Head of Financial Markets and International Banking
Eti Ben-Zeev

Eti Ben-Zeev

Head of Information Technology – CIO
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Bank Hapoalim Office Locations

Bank Hapoalim has offices in Tel Aviv-Yafo, Tel Aviv, Aventura, Los Angeles and in 5 other locations
Tel Aviv-Yafo, IL (HQ)
HaYarkon St 104
Tel Aviv, IL
132 Menachem Begin Road The Round Tower 24th Floor
Luxembourg, LU
7 Rue de la Chapelle
Zürich, CH
Stockerstrasse 33
Aventura, FL, US
18851 NE 29th Ave #800
Los Angeles, CA, US
555 S Flower St #4210
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Bank Hapoalim Financials and Metrics

Bank Hapoalim Revenue

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Bank Hapoalim's revenue was reported to be ₪16.82 b in FY, 2017 which is a 0.6% increase from the previous period.
ILS

Revenue (Q3, 2018)

4.2b

Gross profit (Q3, 2018)

3.4b

Gross profit margin (Q3, 2018), %

81.2%

Net income (Q3, 2018)

928.0m

Cash (30-Sept-2018)

77.6b
Annual
ILSFY, 2015FY, 2016FY, 2017

Revenue

16.3b16.7b16.8b

Revenue growth, %

3%1%

Cost of goods sold

2.4b2.3b2.5b

Gross profit

13.9b14.5b14.3b
Quarterly
ILSQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

3.8b4.6b4.2b4.0b4.0b3.5b4.1b4.5b4.2b

Cost of goods sold

283.0m552.0m538.0m552.0m917.0m368.0m693.0m1.1b785.0m

Gross profit

3.5b4.0b3.7b3.5b3.1b3.2b3.4b3.5b3.4b

Gross profit Margin, %

93%88%87%86%77%90%83%77%81%
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Annual
ILSFY, 2015FY, 2016FY, 2017

Cash

65.0b80.4b86.1b

Accounts Receivable

281.1b274.5b281.0b

PP&E

3.4b3.4b3.4b

Total Assets

431.6b448.1b454.4b
Quarterly
ILSQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

63.1b68.5b71.8b77.1b81.9b85.6b78.1b83.3b77.6b

Accounts Receivable

282.5b281.0b280.3b272.2b262.5b264.7b286.6b274.8b278.1b

PP&E

3.3b3.3b3.3b3.3b3.0b3.0b3.3b3.0b3.0b

Total Assets

434.9b440.9b440.2b445.8b449.7b449.8b448.2b451.4b447.9b
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Annual
ILSFY, 2015FY, 2016FY, 2017

Net Income

3.0b2.6b2.6b

Depreciation and Amortization

692.0m675.0m623.0m

Cash From Operating Activities

12.1b26.6b19.7b

Purchases of PP&E

(631.0m)(619.0m)(662.0m)
Quarterly
ILSQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

671.0m1.8b2.5b760.0m1.6b2.0b619.0m1.5b2.5b

Depreciation and Amortization

157.0m331.0m490.0m147.0m307.0m470.0m171.0m337.0m467.0m

Cash From Operating Activities

(2.8b)1.5b1.0b3.2b4.6b6.8b(4.6b)(4.4b)2.1b

Purchases of PP&E

(94.0m)(224.0m)(364.0m)(95.0m)(211.0m)(369.0m)(104.0m)(271.0m)(389.0m)
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ILSFY, 2015

Debt/Equity

1 x

Debt/Assets

0.1 x

Financial Leverage

13 x
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Bank Hapoalim Operating Metrics

Bank Hapoalim's Assets Under Management was reported to be ₪978.9b in Q3, 2018. Bank Hapoalim's Total Deposits was reported to be ₪346.4b in Q3, 2018. Bank Hapoalim's Total Loans was reported to be ₪278.1b in Q3, 2018.
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Total Loans

₪281.06 b₪282.47 b₪281.02 b₪280.26 b₪274.52 b₪272.25 b₪262.49 b₪264.69 b₪280.96 b₪286.58 b₪274.79 b₪278.12 b

Total Deposits

₪326.85 b₪325.82 b₪332.11 b₪330.18 b₪343.22 b₪342.21 b₪345.15 b₪346.1 b₪351.82 b₪348.8 b₪349.86 b₪346.42 b

Assets Under Management

₪1 t₪1.03 t₪931.12 b₪993.72 b₪984.85 b₪970.19 b₪981.48 b₪970.07 b₪979.2 b₪974.41 b₪970 b₪978.85 b

Non-performing Loans

₪4.94 b₪4.83 b₪4.26 b₪3.87 b₪3.51 b₪3 b₪2.6 b₪2.21 b₪2.11 b₪2.02 b₪2.31 b₪2.26 b
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Bank Hapoalim Revenue Breakdown

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Bank Hapoalim revenue breakdown by business segment: 24.0% from Small Businesses and Microbusinesses, 10.5% from Financial Management, 6.9% from Mid-sized Businesses, 12.0% from Large Businesses, 36.0% from Households and 10.6% from Other

Bank Hapoalim revenue breakdown by geographic segment: 94.7% from Israel and 5.3% from Overseas

Human Capital Metrics

Source: www.bankhapoalim.com
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Bank Hapoalim Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

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Bank Hapoalim Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Bank Hapoalim Online and Social Media Presence

Bank Hapoalim's Trends

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Bank Hapoalim News and Updates

May 13, 2021

Bank Hapoalim Announces First Quarter 2021 Results

TEL AVIV, Israel, May 13, 2021 (GLOBE NEWSWIRE) -- Bank Hapoalim (TASE: POLI) (ADR: BKHYY), today announced its financial results for the first quarter ended March 31, 2021.
March 11, 2021

Bank Hapoalim Announces Annual and Fourth Quarter 2020 Results

TEL AVIV, Israel, March 11, 2021 (GLOBE NEWSWIRE) -- Bank Hapoalim (TASE: POLI) (ADR: BKHYY), today announced its financial results for the fourth quarter and full year ended December 31, 2020.
November 23, 2020

Bank Hapoalim and Abu Dhabi Global Market to collaborate on fintech

Abu Dhabi Global Market (ADGM), the leading International Financial Centre in the capital of the United Arab Emirates, and Bank Hapoalim B.M (Bank Hapoalim) are pleased to enter a new partnership with the signing of a Memorandum of Understanding (MOU) to jointly promote and develop financial technol…
November 23, 2020

Bank Hapoalim and Abu Dhabi Global Market to collaborate on fintech

Abu Dhabi Global Market (ADGM), the leading International Financial Centre in the capital of the United Arab Emirates, and Bank Hapoalim B.M (Bank Hapoalim) are pleased to enter a new partnership with the signing of a Memorandum of Understanding (MOU) to jointly promote and develop financial technol…
November 19, 2020

Bank Hapoalim Announces Third Quarter 2020 Financial Results

TEL AVIV, Israel, Nov. 19, 2020 /PRNewswire/ -- Bank Hapoalim (TASE: POLI) (ADR: BKHYY), today announced its financial results for the third quarter ended September 30, 2020. Key financial highlights: Net profit totaled NIS 816 million, compared with NIS 736 million in the corresponding...
August 13, 2020

Bank Hapoalim Announces Second Quarter 2020 Financial Results

TEL AVIV, Israel, Aug. 13, 2020 /PRNewswire/ -- Bank Hapoalim (TASE: POLI) (ADR: BKHYY), today announced its financial results for the second quarter ended June 30, 2020. Key financial highlights: Net profit totaled NIS 133 million in the second quarter of 2020 (ROE of 1.4%), compared...
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 Bank Hapoalim Frequently Asked Questions

  • When was Bank Hapoalim founded?

    Bank Hapoalim was founded in 1921.

  • Who are Bank Hapoalim key executives?

    Bank Hapoalim's key executives are Dov Kotler, Ruben Krupik and Noam Hanegbi.

  • How many employees does Bank Hapoalim have?

    Bank Hapoalim has 8,708 employees.

  • What is Bank Hapoalim revenue?

    Latest Bank Hapoalim annual revenue is ₪16.8 b.

  • What is Bank Hapoalim revenue per employee?

    Latest Bank Hapoalim revenue per employee is ₪1.9 m.

  • Who are Bank Hapoalim competitors?

    Competitors of Bank Hapoalim include Bank Leumi, Westpac Banking and Synchrony Financial.

  • Where is Bank Hapoalim headquarters?

    Bank Hapoalim headquarters is located at HaYarkon St 104, Tel Aviv-Yafo.

  • Where are Bank Hapoalim offices?

    Bank Hapoalim has offices in Tel Aviv-Yafo, Tel Aviv, Aventura, Los Angeles and in 5 other locations.

  • How many offices does Bank Hapoalim have?

    Bank Hapoalim has 11 offices.