Business
Bank Hapoalim Announces First Quarter 2026 Results
Bank Hapoalim (TASE: POLI) today reported solid financial results for the first quarter of 2026, reflecting strong profitability, continued credit growth, and improving asset quality.
About this update from Bank Hapoalim Bm
[{"type":"text","content":"TEL AVIV, Israel, May 14, 2026 /PRNewswire/ -- Bank Hapoalim (TASE: POLI) today reported solid financial results for the first quarter of 2026, reflecting strong profitability, continued credit growth, and improving asset quality.","length":235,"tagName":"p"},{"type":"image","alt":"Yadin Antebi, Chief Executive Officer of Bank Hapoalim (Photo Credit: Jonathan Bloom)","displaySize":"","headline":null,"caption":"Yadin Antebi, Chief Executive Officer of Bank Hapoalim (Photo Credit: Jonathan Bloom)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/ea7f5430db29a5761e5cd9d0310f2f67"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/sXZ4L4gy.ltJD.kvJNrq_A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNQ--/https://media.zenfs.com/en/prnewswire.com/ea7f5430db29a5761e5cd9d0310f2f67","width":400,"height":400},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/GosqVVJExmLaJnKx7wYVgg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTY0MA--/https://media.zenfs.com/en/prnewswire.com/ea7f5430db29a5761e5cd9d0310f2f67","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2978199/Yadin_Antebi.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Yadin Antebi, CEO: "Bank Hapoalim's performance reflects the resilience and financial strength of the Israeli economy which has continued to show stability, even during the period of war. In the first quarter, the Bank continued to demonstrate strong business growth, while maintaining high credit quality. Looking ahead, Bank Hapoalim will continue to play a leading role in supporting Israel's growth trajectory. We see excellent growth opportunities in the Israeli market."","length":499,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net profit in the quarter totaled NIS 2,124 million, with ROE of 13.0%. The results include the impact of a special banks tax, which reduced ROE by approximately 130–140 basis points, on an annual basis. Excluding this effect, ROE exceeded 14%.","length":244,"tagName":"p"}]},{"val":[{"type":"text","content":"Credit growth remained strong and well diversified, increasing by 3.3% in the quarter and 14.0% year-over-year, well above the Bank's target range. At the same time, credit quality metrics continued to improve, with ...