Bank Hapoalim posts NIS 2.488 billion Q2 profit, declares 50% payout

Bank Hapoalim reported second-quarter 2026 net profit of NIS 2,488 million, up from NIS 2,124 million in the previous quarter and just below NIS 2,542 million a year earlier, as total income rose 19.8% quarter on quarter on stronger financing income while expenses were unchanged. Return on equity rose to 15.0% from 13.0% in the first quarter, first-half net profit totaled NIS 4,612 million with 14.0% ROE, net credit to the public reached NIS 536.2 billion, up 3.3% from the prior quarter and 14.3% from a year earlier, and the board approved a 50% profit distribution including a NIS 995 million cash dividend and NIS 249 million of buybacks. The bank said the special tax on banks reduces annual ROE by 1.3%-1.4%. However, the newer record does not appear to be an update to this story: it describes separate second-quarter 2026 results for Bank Leumi, including NIS 2.8 billion net income, 16.3% ROE, a roughly NIS 1.4 billion capital return, 9% loan growth since the start of 2026, a 0.45% non-performing loan ratio and a 11.65% CET1 ratio.

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