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Bank Hapoalim

  • Assets Under Management₪654.3 BQ1, 2021
  • Revenue₪13.4 BFY, 2020
  • Market Capitalization₪4.2 T2022-05-23

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 Ratings3.4

Recent NewsAll News

Latest Updates

Employees (est.) (Apr 2022)8,708
Revenue (FY, 2020)₪13.4 B(-11%)
Share Price (May 2022)₪31.4
Cybersecurity ratingAMore
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Key People/Management at Bank Hapoalim

Dov Kotler

Dov Kotler

Chief Executive Officer
Noam Hanegbi

Noam Hanegbi

Board Member
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
Yael Almog

Yael Almog

Chief Legal Advisor
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Bank Hapoalim Office Locations

Bank Hapoalim has offices in Tel Aviv-Yafo, Aventura, Los Angeles, Miami and in 4 other locations
Tel Aviv-Yafo, IL (HQ)
Rothschild Blvd 50
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
Miami, FL, US
1221 Brickell Ave #2470
Show all (8)

Bank Hapoalim Financials and Metrics

Bank Hapoalim Revenue

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Bank Hapoalim's revenue was reported to be ₪13.42 b in FY, 2020 which is a 11.5% decrease from the previous period.
ILS

Revenue (Q2, 2021)

4.0b

Gross profit (Q2, 2021)

3.3b

Gross profit margin (Q2, 2021), %

82.5%

Net income (Q2, 2021)

1.4b

Market capitalization (23-May-2022)

4.2t

Closing stock price (23-May-2022)

31.4

Cash (30-Jun-2021)

170.4b

EV

4.0t
Bank Hapoalim's current market capitalization is ₪4.2 t.
Annual
ILSFY, 2018FY, 2019FY, 2020

Revenue

15.0b15.2b13.4b

Revenue growth, %

1%(12%)

Cost of goods sold

2.8b2.6b1.5b

Gross profit

12.2b12.6b12.0b
Quarterly
ILSQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

3.6b4.5b3.4b3.4b3.3b3.4b3.4b4.0b

Cost of goods sold

548.0m1.3b310.0m350.0m366.0m406.0m358.0m701.0m

Gross profit

3.1b3.3b3.1b3.1b2.9b3.0b3.1b3.3b

Gross profit Margin, %

85%72%91%90%89%88%89%83%
show all
Annual
ILSFY, 2018FY, 2019FY, 2020

Cash

84.5b88.1b138.7b

Accounts Receivable

284.9b294.9b304.0b

PP&E

3.1b3.2b3.3b

Total Assets

460.9b463.7b539.6b
Quarterly
ILSQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

78.3b72.9b72.5b89.5b113.0b128.4b159.9b170.4b

Accounts Receivable

285.3b290.8b293.1b302.2b296.2b295.4b308.2b325.8b

PP&E

3.1b3.1b3.1b3.2b3.2b3.2b3.2b3.3b

Total Assets

465.8b454.2b453.3b491.5b499.3b513.7b554.4b586.3b
show all
Annual
ILSFY, 2018FY, 2019FY, 2020

Net Income

2.6b1.8b2.0b

Depreciation and Amortization

609.0m541.0m599.0m

Cash From Operating Activities

(775.0m)7.5b2.8b

Purchases of PP&E

(683.0m)(642.0m)(682.0m)
Quarterly
ILSQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

815.0m1.7b2.4b187.0m315.0m1.1b1.4b2.8b

Depreciation and Amortization

115.0m253.0m400.0m132.0m277.0m407.0m147.0m289.0m

Cash From Operating Activities

4.4b3.5b5.9b(10.0b)(3.5b)(4.0b)2.5b5.7b

Purchases of PP&E

(134.0m)(243.0m)(383.0m)(100.0m)(246.0m)(403.0m)(100.0m)(251.0m)
show all
ILSFY, 2018

Revenue/Employee

1.6m

Debt/Equity

0.8 x

Debt/Assets

0.1 x

Financial Leverage

12.2 x
Show all financial metrics

Bank Hapoalim Operating Metrics

Bank Hapoalim's Assets Under Management was reported to be ₪654.3b in Q1, 2021. Bank Hapoalim's Total Deposits was reported to be ₪462.9b in Q1, 2021.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Loans to Customers

₪282.51 b₪283.05 b₪288.62 b₪291.01 b₪292.94 b₪299.55 b₪293.7 b₪292.85 b₪301.83 b₪306.12 b

Total Deposits

₪357 b₪357.92 b₪355.47 b₪351.69 b₪365.85 b₪392.95 b₪404.66 b₪420.68 b₪442.57 b₪462.89 b

Assets Under Management

₪982.73 b₪860.5 b₪849.57 b₪759.63 b₪823.76 b₪688.87 b₪607.52 b₪561.33 b₪637.24 b₪654.35 b

Bank Branches (Israel)

225215189

Human Capital Metrics

Source: uploads5.craft.co, uploads4.craft.co, uploads3.craft.co, www.bankhapoalim.com
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Bank Hapoalim Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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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

November 15, 2021

Bank Hapoalim Announces Third Quarter 2021 Results

TEL AVIV, Israel, Nov. 15, 2021 /PRNewswire/ -- Bank Hapoalim (TASE: POLI) (ADR: BKHYY) today announced its financial results for the third quarter ended September 30, 2021. Key highlights Net profit in the third quarter of 2021 totaled NIS 1,207 million, compared with NIS 1,419 million...
August 16, 2021

Israel's Bank Hapoalim Q2 profit jumps after COVID-19 losses

Bank Hapoalim (POLI.TA) reported a higher-than-expected jump in quarterly profit, helped by a continued reversal of provisions to protect against loan defaults during the pandemic.
August 16, 2021

Bank Hapoalim Announces Second Quarter 2021 Results

TEL AVIV, Israel, Aug. 16, 2021 /PRNewswire/ -- Bank Hapoalim (TASE: POLI) (ADR: BKHYY) today announced its financial results for the second quarter ended June 30, 2021. Key highlights Net profit in the second quarter of 2021 totaled NIS 1,419 million, compared with NIS 133 million in...
August 01, 2021

Agreement to Sell Holdings of the Bank in Bank Pozitif

The approval of the supervisor of banks in Turkey for the transaction was received on July 29, 2021. No further regulatory approvals are required. The parties are conducting negotiations to conclude the transaction, including with regard to additional examinations which the buyer is seeking to compl…
August 01, 2021

Distribution of a Cash Dividend on Securities

We hereby report that on Aug. 1, 2021, it was resolved to pay a dividend on securities of the company.
July 01, 2021

Agreement to sell the holdings of the Bank in Bank Pozitif

Further to the immediate report of Bank Hapoalim B.M. ("the Bank") of 9.2.2021 regarding the agreement to sell the holdings of the Bank (approximately 69.8%) in the bank Bank Pozitif Kredi Ve Kalkinma Bankasi Anonim Sirketi ("Bank Pozitif") which operates in Turkey.
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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, Noam Hanegbi and Amir Bachar.

  • How many employees does Bank Hapoalim have?

    Bank Hapoalim has 8,708 employees.

  • What is Bank Hapoalim revenue?

    Latest Bank Hapoalim annual revenue is ₪13.4 b.

  • What is Bank Hapoalim revenue per employee?

    Latest Bank Hapoalim revenue per employee is ₪1.5 m.

  • Who are Bank Hapoalim competitors?

    Competitors of Bank Hapoalim include FIBI Holdings, Mizrahi Tefahot Bank and Bank Leumi.

  • Where is Bank Hapoalim headquarters?

    Bank Hapoalim headquarters is located at Rothschild Blvd 50, Tel Aviv-Yafo.

  • Where are Bank Hapoalim offices?

    Bank Hapoalim has offices in Tel Aviv-Yafo, Aventura, Los Angeles, Miami and in 4 other locations.

  • How many offices does Bank Hapoalim have?

    Bank Hapoalim has 8 offices.