Bank Hapoalim (BKHYY) Projected to Release Earnings on Monday

Bank Hapoalim (OTCMKTS:BKHYY) is expected to release its results before the market opens on Monday, August 17th. Analysts expect the company to announce earnings of $3.01 per share and revenue of $6.1053 billion for the quarter.

Bank Hapoalim (OTCMKTS:BKHYY) last issued its quarterly earnings data on Thursday, May 14th. The bank reported $2.59 earnings per share for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.05). Bank Hapoalim had a return on equity of 14.38% and a net margin of 22.10%.The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $5.97 billion.

Bank Hapoalim Stock Performance

OTCMKTS:BKHYY opened at $127.23 on Monday. Bank Hapoalim has a 1 year low of $89.15 and a 1 year high of $146.00. The firm’s fifty day simple moving average is $118.29 and its 200 day simple moving average is $125.18. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.66. The firm has a market capitalization of $33.28 billion, a PE ratio of 11.79 and a beta of 1.21.

About Bank Hapoalim

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.