Earnings Alerts

Bank Hapoalim Bm (POLI) Earnings Review: 1Q Net Income Dips to 1.94B Shekels, Down by 3.5% YoY

  • Bank Hapoalim records a net income amounting to 1.94 billion shekels in Q1, showing a 3.5% decrease y/y.
  • A decrease of 5.5% y/y in net interest income, reaching 3.81 billion shekels.
  • There’s a significant shift in the recovery of loan losses, accruing 14 million shekels in comparison to last year’s provision of 185 million shekels.
  • Bank Hapoalim earned a 6 buys, 1 hold, 0 sells rating.

A look at Bank Hapoalim Bm Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
Resilience5
Momentum3
OVERALL SMART SCORE4.2

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 utilizing Smartkarma Smart Scores for Bank Hapoalim Bm project a positive long-term outlook based on its strong scores across various factors. The company scores high in Growth and Resilience, indicating favorable prospects for expansion and ability to withstand market challenges. With solid scores in Value and Dividend, Bank Hapoalim Bm is seen as offering good value for investors and providing attractive dividend payouts.

Although the Momentum score is slightly lower, the overall outlook remains optimistic due to the company’s robust fundamentals. Bank Hapoalim Bm, operating in Israel, the Americas, and Europe, offers a wide range of banking services including corporate finance, investment banking, and treasury services. This diversified service portfolio positions the company well for sustained growth and profitability in the long run.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars