Bank Hapoalim (OTCMKTS:BKHYY) Reaches New 1-Year High – What’s Next?

Bank Hapoalim (OTCMKTS:BKHYY)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $109.9450 and last traded at $109.9450, with a volume of 564 shares trading hands. The stock had previously closed at $102.3725.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Bank Hapoalim to a “hold” rating in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has an average rating of “Hold”.

Bank Hapoalim Trading Down 0.3%

The business has a 50 day moving average of $98.99 and a two-hundred day moving average of $92.24. The firm has a market capitalization of $28.17 billion, a price-to-earnings ratio of 12.28 and a beta of 1.15. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.91 and a current ratio of 0.91.

Bank Hapoalim (OTCMKTS:BKHYY) last announced its quarterly earnings data on Wednesday, August 13th. The bank reported $2.68 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.32. Bank Hapoalim had a return on equity of 14.21% and a net margin of 20.12%.The firm had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $5.97 billion.

Bank Hapoalim Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, September 10th. Investors of record on Tuesday, August 26th were given a $1.0505 dividend. This represents a yield of 238.0%. The ex-dividend date of this dividend was Monday, August 25th. This is an increase from Bank Hapoalim’s previous dividend of $0.54. Bank Hapoalim’s payout ratio is 47.88%.

Bank Hapoalim Company Profile

Bank Hapoalim B.M., together with its subsidiaries, provides various banking and financial products and services in Israel and internationally. It operates through Household, Private Banking, Small businesses and micro businesses, Mid-sized businesses, Large businesses, Institutional entities, and Financial management segments.