Bank Hapoalim (BKHYY) Projected to Release Quarterly Earnings on Monday

Bank Hapoalim (OTCMKTS:BKHYY) is expected to be posting its results before the market opens on Monday, November 16th. Analysts expect the company to post earnings of $3.09 per share and revenue of $2.23 billion for the quarter.

Bank Hapoalim (OTCMKTS:BKHYY) last posted its earnings results on Tuesday, August 11th. The bank reported $3.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.01 by $0.20. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $6.13 billion. Bank Hapoalim had a net margin of 22.88% and a return on equity of 14.08%.

Bank Hapoalim Stock Performance

OTCMKTS:BKHYY opened at $117.33 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a market cap of $30.66 billion, a price-to-earnings ratio of 10.36 and a beta of 1.24. Bank Hapoalim has a 52 week low of $100.29 and a 52 week high of $146.00. The firm has a 50-day moving average price of $125.86 and a two-hundred day moving average price of $125.69.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised Bank Hapoalim from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 16th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Bank Hapoalim currently has a consensus rating of “Buy”.

Bank Hapoalim Company Profile

Bank Hapoalim B.M. is an Israeli banking and financial services company headquartered in Tel Aviv. Founded in 1921, it provides services to individuals, businesses, institutions and government-related customers, primarily in Israel.

The bank offers checking and savings accounts, loans, mortgages, payment services, credit cards and investment products. Its business banking services include credit, financing, cash management and other financial solutions for companies and institutional clients.

Bank Hapoalim also provides selected services to customers outside Israel through its international operations.