- Bank Hapoalim reported third-quarter net income of 2.76 billion shekels, marking a 45% increase compared to the previous year.
- Net interest income for the bank rose by 5.5% year-over-year, reaching 4.83 billion shekels in the third quarter.
- The bank’s provision for loan losses decreased by 15%, amounting to 347 million shekels.
- Among analysts, there are 3 buy recommendations, 1 hold recommendation, and 0 sell recommendations for Bank Hapoalim’s stock.
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A look at Bank Hapoalim Bm Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using Smartkarma Smart Scores have indicated a positive long-term outlook for Bank Hapoalim B.M. based on its overall scores. The bank received strong scores across various factors including Value, Growth, Resilience, and Momentum, highlighting its robust performance in key aspects. With a focus on attracting deposits and providing a range of banking services to individuals, corporations, and institutions, Bank Hapoalim B.M. has positioned itself well in the market.
Bank Hapoalim B.M.’s solid performance in Value, Growth, Resilience, and Momentum scores suggests a promising future for the company. Offering services such as corporate finance, investment advice, and treasury services across different regions, including Israel, the Americas, and Europe, the bank has established itself as a strong player in the banking sector. Investors may find Bank Hapoalim B.M. an attractive option for potential long-term growth and stability based on these positive scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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