- Bank Hapoalim’s net income for the second quarter reached 2.54 billion shekels, a 14% increase compared to the previous year.
- Net interest income rose to 4.80 billion shekels, marking a 9.4% year-over-year growth.
- The bank reported provisions for loan losses amounting to 302 million shekels, contrasting with a recovery of 49 million shekels in the previous year.
- Analyst ratings include 3 buy recommendations, 1 hold, and no sell recommendations.
A look at Bank Hapoalim Bm Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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
Analysis of Smartkarma Smart Scores reveals a positive long-term outlook for Bank Hapoalim B.M. The company scores high on key factors including Value, Growth, Resilience, and Momentum. With a strong Value score of 4, Bank Hapoalim B.M. represents an attractive investment option based on its current market valuation. Additionally, the Growth score of 4 indicates promising potential for future expansion and development. The company’s Resilience score of 5 reflects a solid ability to withstand economic challenges, providing stability for investors. Furthermore, the Momentum score of 4 suggests that Bank Hapoalim B.M. is experiencing positive trends in its stock performance.
Bank Hapoalim B.M. is a well-established financial institution that offers a wide range of banking services catering to personal, corporate, and institutional clients. Operating in key regions including Israel, the Americas, and Europe, the bank provides diverse services such as corporate finance, investment banking, and treasury services. With a balanced combination of strong fundamental aspects and positive market indicators, Bank Hapoalim B.M. presents a promising outlook for long-term investors seeking a reliable and potentially lucrative investment opportunity.
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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