Bank Hapoalim B.M. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023
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Bank Hapoalim B.M. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was ILS 4,006 million compared to ILS 3,636 million a year ago. Net income was ILS 1,669 million compared to ILS 1,785 million a year ago. Basic earnings per share from continuing operations was ILS 1.25 compared to ILS 1.34 a year ago. Diluted earnings per share from continuing operations was ILS 1.25 compared to ILS 1.34 a year ago.
For the nine months, net interest income was ILS 12,338 million compared to ILS 9,539 million a year ago. Net income was ILS 5,599 million compared to ILS 4,782 million a year ago. Basic earnings per share from continuing operations was ILS 4.19 compared to ILS 3.58 a year ago. Diluted earnings per share from continuing operations was ILS 4.19 compared to ILS 3.58 a year ago.
Bank Hapoalim BM is an Israel-based company. It operates in Israel and abroad and provides banking and financial services. The division of Company's activity is based on types of products and services or on types of customers. The Companyâs activities are divided into a few segments: Households, Private banking, Small businesses and microbusinesses, Mid-sized businesses, Large businesses, Institutional entities, Financial management, Other and International Activity Segment.