Welcome to our dedicated page for BANK HAPOALIM B.M. S/ADR news (Ticker: BKHYY), a resource for investors and traders seeking the latest updates and insights on BANK HAPOALIM B.M. S/ADR stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BANK HAPOALIM B.M. S/ADR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BANK HAPOALIM B.M. S/ADR's position in the market.
Bank Hapoalim (ADR: BKHYY) reported a net profit of NIS 1.35 billion for Q1 2021, a significant increase from NIS 192 million in the same quarter last year. The return on equity soared to 14.2%, bolstered by a strong underlying business and improved economic conditions. The bank's CET1 capital ratio stands at 11.67%, exceeding regulatory requirements. Credit portfolio growth was 1.4%, with notable increases in commercial and housing loans. Total deposits rose 4.6% from the previous year. However, fee income declined 5.3% year-on-year due to lower activity in capital markets.
Bank Hapoalim (ADR: BKHYY) reported a net profit of NIS 2,056 million for 2020, a 14.3% increase from 2019, with a return on equity of 5.3%. The bank's quarterly net profit for Q4 2020 was NIS 915 million, showing a return on equity of 9.6%. Shareholders' equity rose 4.4% to NIS 39.9 billion, while the CET1 capital ratio stood at 11.52%. Provisions for credit losses increased to NIS 1,943 million due to COVID-19 impacts. The loan book grew 3% year-on-year, with significant increases in mortgage and commercial credits.
FAQ
What is the market cap of BANK HAPOALIM B.M. S/ADR (BKHYY)?
