Bank Hapoalim (BKHYY) to Release Quarterly Earnings on Thursday

Bank Hapoalim (OTCMKTS:BKHYY) is projected to issue its results before the market opens on Thursday, March 5th. Analysts expect Bank Hapoalim to post earnings of $2.92 per share for the quarter.

Bank Hapoalim Stock Performance

Shares of BKHYY opened at $128.50 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.52. The firm’s fifty day simple moving average is $124.82 and its two-hundred day simple moving average is $110.23. Bank Hapoalim has a 12 month low of $64.20 and a 12 month high of $143.25. The stock has a market capitalization of $33.75 billion, a P/E ratio of 12.99 and a beta of 1.19.

Analysts Set New Price Targets

Separately, Barclays cut Bank Hapoalim from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 15th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Bank Hapoalim Company Profile

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.