Bank Hapoalim B.M. (TLV:POLI)

Bank Hapoalim B.M. Income Statement

Financials in millions ILS. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	36,557	35,495	32,971	19,220	11,684	10,260
Interest Paid on Deposits	18,734	18,545	16,886	5,753	1,917	1,463
Net Interest Income	17,823	16,950	16,085	13,467	9,767	8,797
Net Interest Income Growth (YoY)	11.74%	5.38%	19.44%	37.88%	11.03%	-5.60%
Gain (Loss) on Sale of Assets	27	27	71	46	101	64
Gain (Loss) on Sale of Investments	-237	-303	-281	-277	835	-
Other Non-Interest Income	5,660	5,286	5,507	4,684	3,689	4,315
Total Non-Interest Income	5,450	5,010	5,297	4,453	4,625	4,379
Non-Interest Income Growth (YoY)	5.44%	-5.42%	18.95%	-3.72%	5.62%	12.60%
Revenues Before Loan Losses	23,273	21,960	21,382	17,920	14,392	13,176
Provision for Loan Losses	1,320	693	1,879	-34	-1,220	1,943
Revenue	21,953	21,267	19,503	17,954	15,612	11,233
Revenue Growth (YoY)	9.39%	9.04%	8.63%	15.00%	38.98%	-5.86%
Salaries and Employee Benefits	4,507	4,471	4,564	4,458	4,317	4,107
Occupancy Expenses	1,409	1,445	1,477	1,391	1,333	1,377
Selling, General & Administrative	192	199	185	155	159	-160
Other Non-Interest Expense	2,882	2,892	2,005	1,968	1,994	2,177
Total Non-Interest Expense	9,021	9,073	8,213	7,873	7,754	7,491
EBT Excluding Unusual Items	12,932	12,194	11,290	10,081	7,858	3,742
Pretax Income	12,932	12,194	11,290	10,081	7,858	3,742
Income Tax Expense	4,527	4,559	3,930	3,548	2,958	1,590
Earnings From Continuing Operations	8,405	7,635	7,360	6,533	4,900	2,152
Earnings From Discontinued Operations	-	-	-	-	-	-109
Minority Interest in Earnings	-	-	-	-1	14	13
Net Income	8,405	7,635	7,360	6,532	4,914	2,056
Net Income to Common	8,405	7,635	7,360	6,532	4,914	2,056
Net Income Growth	10.21%	3.74%	12.68%	32.93%	139.01%	14.29%
Basic Shares Outstanding	1,323	1,335	1,337	1,337	1,336	1,336
Diluted Shares Outstanding	1,325	1,335	1,338	1,337	1,337	1,336
Shares Change (YoY)	-1.23%	-0.20%	0.03%	0.03%	0.03%	0.06%
EPS (Basic)	6.35	5.72	5.50	4.89	3.68	1.54
EPS (Diluted)	6.34	5.72	5.50	4.89	3.68	1.54
EPS Growth	11.64%	4.00%	12.55%	32.88%	139.04%	14.14%
Dividend Per Share	0.666	1.728	1.689	1.100	0.645	0.462
Dividend Growth	-57.74%	2.36%	53.50%	70.55%	39.75%	-
Effective Tax Rate	35.01%	37.39%	34.81%	35.20%	37.64%	42.49%

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.