Bank Hapoalim B.M., together with its subsidiaries, provides a range of banking and financial products and services in Israel and internationally.
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Bank Hapoalim B.M's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BKHP.F's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how BKHP.F performed against the US Banks industry.
Return vs Market: Insufficient data to determine how BKHP.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Bank Hapoalim B.M's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Bank Hapoalim B.M undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BKHP.F ($5.44) is trading above our estimate of fair value ($5)
Significantly Below Fair Value: BKHP.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BKHP.F is poor value based on its PE Ratio (17.9x) compared to the Banks industry average (8.8x).
PE vs Market: BKHP.F is poor value based on its PE Ratio (17.9x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BKHP.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BKHP.F is good value based on its PB Ratio (0.7x) compared to the US Banks industry average (0.8x).
How is Bank Hapoalim B.M forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bank Hapoalim B.M has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Bank Hapoalim B.M's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Bank Hapoalim B.M's filings and announcements here.
- Explore growth companies in the Banks industry.
How has Bank Hapoalim B.M performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKHP.F has high quality earnings.
Growing Profit Margin: BKHP.F's current net profit margins (12.6%) are lower than last year (17%).
Past Earnings Growth Analysis
Earnings Trend: BKHP.F's earnings have declined by -8% per year over the past 5 years.
Accelerating Growth: BKHP.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BKHP.F had negative earnings growth (-32.6%) over the past year, making it difficult to compare to the Banks industry average (11%).
Return on Equity
High ROE: BKHP.F's Return on Equity (3.9%) is considered low.
How is Bank Hapoalim B.M's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: BKHP.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: BKHP.F's debt is covered by short term assets (assets are 2.8x debt).
Financial Institutions Analysis
Asset Level: BKHP.F's level of assets compared to its equity is moderate.
Allowance for Bad Loans: BKHP.F has a sufficient allowance for bad loans.
Low Risk Liabilities: BKHP.F's liabilities are made up of primarily low risk sources of funding.
Loan Level: BKHP.F has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BKHP.F's loans are broadly funded by customer deposits.
Level of Bad Loans: BKHP.F has an appropriate level of bad loans (0.86%)
What is Bank Hapoalim B.M's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BKHP.F's dividend (3.72%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: BKHP.F's dividend (3.72%) is low compared to the top 25% of dividend payers in the US market (5.49%).
Stability and Growth of Payments
Stable Dividend: BKHP.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BKHP.F's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (66.5%), BKHP.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BKHP.F's dividends in 3 years are forecast to be well covered by earnings (31.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dov Kotler (63yo)
Mr. Dov Kotler has been Chief Executive Officer and Member of the Board of Management at Bank Hapoalim B.M. since October 01, 2019. He is President at Bank Hapoalim B.M. Mr. Kotler serves as a Member of Ad ...
CEO Compensation Analysis
Compensation vs Market: Dov's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD7.36M).
Compensation vs Earnings: Dov's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Senior Deputy MD||6.67yrs||₪2.75m||0.013% ₪967.3k|
|Chief Information Officer||4yrs||₪2.78m||0.0032% ₪240.1k|
|Chief Legal Counsel & Member of the Board of Management||2.17yrs||₪2.45m||0.00045% ₪33.9k|
|Head of Innovation & Corporate Strategy and Member of Management Board||2yrs||₪2.13m||0.0014% ₪106.9k|
|Chief Executive Officer of Isracard||4yrs||₪2.64m||no data|
|CFO & Member of Management Board||0.17yr||no data||no data|
|Chief Accountant||13.83yrs||₪5.51m||0.0079% ₪593.2k|
|Head of Corporate Banking & Member of the Board of Management||7.67yrs||₪3.04m||0.013% ₪992.9k|
|Chief Internal Auditor||5.67yrs||₪4.76m||0.0052% ₪392.2k|
Experienced Management: BKHP.F's management team is considered experienced (4 years average tenure).
|External Director||0.50yr||no data||no data|
|External Director||1.92yrs||no data||no data|
|Director||27.58yrs||no data||0.00097% ₪73.0k|
|External Director||0.42yr||no data||no data|
|External Director||2yrs||no data||no data|
|Chairman of the Board||3.17yrs||₪2.84m||0.0015% ₪115.2k|
|Director||0.50yr||no data||no data|
|External Director||4yrs||no data||no data|
|Director||1.67yrs||no data||no data|
Experienced Board: BKHP.F's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bank Hapoalim B.M.'s company bio, employee growth, exchange listings and data sources
- Name: Bank Hapoalim B.M.
- Ticker: BKHP.F
- Exchange: OTCPK
- Founded: 1921
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: ₪26.904b
- Listing Market Cap: ₪7.528b
- Shares outstanding: 1.34b
- Website: https://www.bankhapoalim.com
Number of Employees
- Bank Hapoalim B.M.
- Global Private Banking Center
- 104 Hayarkon Street
- Tel Aviv
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|POLI||TASE (The Tel-Aviv Stock Exchange)||Yes||Ordinary Shares||IL||ILS||Jul 1995|
|BKHP.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 1995|
|BKHY.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||May 2006|
Bank Hapoalim B.M., together with its subsidiaries, provides a range of banking and financial products and services in Israel and internationally. The company offers account-management services, credits for various purposes, deposits, and savings plans; securities, and currencies and derivatives trading services; securities custody services; research, consulting, and advisory services; pension advisory services; and housing loans. It also provides credit for routine operations and investment financing, guarantees, letters of credit, foreign trade, and transactions in financial and derivative instruments, as well as investment services in various channels, such as foreign currency, shekels, securities, etc. In addition, the company offers financing for infrastructure project, foreign trade and international trade financing, and project financing services; foreign trade transactions and transactions in financial derivatives; credit cards; and check settlement guaranteeing and discounting, direct sale-slips discounting, and factoring services. Further, it provides payment products; and asset management, investment portfolio management, investment banking, underwriting, issuance management, retirement planning, foreign exchange, and brokerage services. The company serves households, private-banking clients, foreign residents, small businesses, financial-asset managers, middle-market business clients, and large corporations through 225 branches, 523 external and 101 internal automatic teller machines, 309 external and 302 internal check-deposit machines, 87 information stations, and 281 self-service stations. Bank Hapoalim B.M. was founded in 1921 and is based in Tel Aviv, Israel.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 03:06|
|End of Day Share Price||2020/03/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.