Bank Hapoalim Reports 9% Profit Drop in Q2 2026 Amid Interest Rate Cuts and Rising Credit Losses

First reported by Globes · 1 day ago

What happened

Bank Hapoalim's Q2 2026 net profit fell 9% to 583 million shekels due to lower interest income from rate cuts and higher credit losses. Fee income and capital market activity increased, while loans and customer assets grew significantly.

• 01Bank Hapoalim's net profit dropped 9% to 583 million shekels in Q2 2026.
• 02Net interest income fell by nearly 100 million shekels due to interest rate cuts to 3.5%.
• 03Credit losses surged 240% to 38 million shekels amid economic uncertainty and conflict.
• 04Fee income rose by almost 50 million shekels, driven by a 22% increase in capital market fees.
• 05Loans to the public increased 20.5% to 164 billion shekels; customer assets grew 21% to 1.2 trillion shekels.
• 06Bank Hapoalim is Israel's fifth-largest bank, controlled by FIBI Holdings and Zedek Bino.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

Full coverage · 4 outlets

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CalcalistUnrated · Hebrew39 minutes ago

Bank Hapoalim Reports 9% Profit Drop in Q2 2026 Amid Interest Rate Cuts and Rising Credit Losses

MaarivCenter · Hebrew1 hour ago

Israeli Banks Show Billions in Quarterly Profits Amid State Levy on Excess Earnings

YnetCenter · Hebrew3 hours ago

Bank Leumi Reports Record Quarterly Profit of 2.83 Billion Shekels

GlobesUnrated · Hebrew3 hours ago

Bank Hapoalim Reports 8.5% Net Profit Decline, Announces Unusually Large Dividend

YnetCenter · Hebrew3 hours ago

Bank Leumi Reports Record 2nd Quarter Profit of 2.83 Billion Shekels in Israel

CalcalistUnrated · Hebrew3 hours ago

Bank Leumi Reports Record Q2 Profit as Tel Aviv Stock Exchange Opens Mixed

CalcalistUnrated · Hebrew4 hours ago

Bank Leumi Reports Record Quarterly Profit of 2.83 Billion Shekels in Israel

GlobesUnrated · Hebrew4 hours ago

Leumi Bank Reports Record 2.83 Billion Shekel Profit with Improved Efficiency Ratio

MaarivCenter · Hebrew5 hours ago

Bank Hapoalim Reports 2.1% Profit Decline in Q2 2026 Amid Interest Rate Cuts and New Tax

GlobesUnrated · Hebrew22 hours ago

Citigroup Upgrades Bank Hapoalim to Buy on Strong Q2 Performance

MaarivCenter · Hebrew1 day ago

Bank Hapoalim Reports 2.49 Billion Shekel Profit, Declares 1.24 Billion Shekel Dividend

YnetCenter · Hebrew1 day ago

Bank Hapoalim Reports NIS 2.48 Billion Profit in Q2, Declares 50% Dividend Payout

CalcalistUnrated · Hebrew1 day ago

Bank Hapoalim Reports Slight Profit Decline to NIS 2.5 Billion, Declares NIS 1.24 Billion Dividend

GlobesUnrated · Hebrew1 day ago

Bank Hapoalim Reports 2.5 Billion Shekel Profit in Q2 Despite Special Tax

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